Middle East & North Africa

Stephen Walt enumerates the challenges the U.S. president should prepare for in 2021.

Stephan Walt writes that Trump's foreign-policy instincts might be more sound—but he has forfeited the chance to lead.

Stephen M. Walt advises presidential candidate Joe Biden to embrace nationalism while reaffirming liberal values: They are an election-winning combination.

As economies begin to orient themselves towards recovery and growth in a post-COVID-19 era, they will first need to disentangle themselves from their prior bedfellows, the state, whose courtship was necessary for survival during the pandemic.  Such bedfellow relationships have become increasingly common as government intervention is urgently needed for economic stabilization. Governments have also embraced their new role with vigor. According to the IMF, as of April 2020, countries have committed around $8 trillion to combat the pandemic and to remedy its ill effects on economies and societies. Decisions about how this money will be spent will undoubtedly recalibrate the logic of capitalism for years to come. 

Ambassador Nicholas Burns, Professor at Harvard University and an advisor to Democratic Presidential nominee Joe Biden, spoke with “The Arena” on the Trump administration’s handling of the coronavirus crisis (“a failure that has cost over 110,000 Americans lives”), rising U.S.-China tensions (“deeply hurt global recovery efforts from both the coronavirus and the economic crises”), the upcoming presidential election (“Trump has chosen China as his demon”), and Israel’s annexation plans (“the issue that could most harm the U.S.-Israel relationship”).

As the world's two largest economies, the United States and China are condemned to a relationship that must combine competition and cooperation. For the United States, exceptionalism now includes working with the Chinese to help produce global public goods, while also defending values such as human rights.

Stephen Walt offers what he considers to be the top five silver linings from the COVID-19 pandemic.

The Bulletin of Atomic Scientists has published a document from the Pugwash Conference on Science and World Affairs concerning nuclear problems and tensions in the time of COVID-19. The document has been co-signed by a large number of Pugwash colleagues and personalities.

Stephen Walt writes that even though Bernie Sanders is out of the presidential race, the time has come for many of the policies that he promoted: Universal Healthcare; Democratic Socialism; Income Redistribution; and Foreign Policy.

Today’s economic crisis leaves us with an unsettling and perplexing regret. Why weren’t financial portfolios already adjusted for risks that stem from health events such as pandemics? After all, financial portfolios are adjusted for liquidity risks, market risks, credit risks, and even operational and political risks.