South Asia

In late 2017, Mexico made headlines as Italian company Enel bid what was then a world-record low price for renewable energy in the country’s third such energy auction. This development was possible due to the historical and sweeping energy reforms passed with broad support in Mexico in 2013. Then-President Enrique Peña Nieto had succeeded where previous Mexican presidents had failed, reversing decades of resource nationalism and overhauling the energy sector through constitutional reforms that gave the private sector a larger role and advantaged renewable energy in Mexico’s economy. The 2017 auction seemed to indicate Mexico’s bright future not only as a conventional oil producer, but also as a clean energy power.

The Russian/Chinese-led bloc is expected to approve Iran's accession this week amid uncertainty over President Raisi's foreign posture and ongoing turmoil in Afghanistan.

To prevent Afghanistan from falling into endless civil wars and put an end to the long-lasting suffering of Afghan people, it is imperative for regional and global actors to pressure the Taliban toward compromise and put all its efforts into finding a durable solution to the country's political crisis.

Congress has issued a report on the longest war in U.S. history. Stephen Walt explains why he hopes President Biden ignores it.

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.

At the start of this year, things seemed to be looking up for the global economy. True, growth had slowed a bit in 2019: from 2.9% to 2.3% in the United States, and from 3.6% to 2.9% globally. Still, there had been no recession, and as recently as January, the International Monetary Fund projected a global growth rebound in 2020. The new coronavirus, COVID-19, has changed all of that.

Unipolarity is over, and with it the illusion that other nations would simply take their assigned place in a U.S.-led international order. For the United States, that will require accepting the reality that there are spheres of influence in the world today—and that not all of them are American spheres.

Stephen Walt writes that several important events occurred in 2019, but few did anything to significantly alter global trends.

A new book edited by Erica Chenoweth, Deborah Avant, Marie Berry, Rachel Epstein, Cullen Hendrix, Oliver Kaplan, and Timothy Sisk, Civil Action and the Dynamics of Violence, looks at recent conflicts in Syria, Peru, Kenya, Northern Ireland, Mexico, Bosnia, Afghanistan, Spain, and Colombia to explore the role that civil action played.

Stephen Walt explains ISIS's ability to hang around despite its unrelieved brutality and its near-total failure to deliver on any its promises.