South Asia

The small open economies of the Gulf and Southeast Asia are pioneers in the establishment of

Sovereign Wealth Funds (SWFs). The SWFs of countries like Qatar and Singapore are among the

world’s largest in terms of total asset size relative to Gross Domestic Product. This article looks

at the different compulsions behind the setting up of SWFs by small open economies.

Indian Prime Minister Narendra Modi traveled to Washington last week, making his fourth trip to the United States since taking office just two years ago. India and South Asia Program Fellow, Ronak Desai examines the strategic approach to India's relations with the United States.

When do states acquire nuclear weapons? History shows that only two types of states decide that the bomb is essential to their security: 1) very powerful states; and 2) weak states that lack ironclad security guarantees.

Al-Qaida has established a metanarrative that enables it to recruit militants and supporters. The United States and its allies can challenge its ability to do so by delegitimizing the ideological motivations that inform that metanarrative.

At first glance, the main advantage of Pakistan's new battlefield nuclear weapon—known as the Nasr missile—would appear to be its ability to slowdown and stop an armored attack by the Indian Army inside Pakistan, before it reaches vital cities. But deeper examination reveals that deploying this particular weapon on the battlefield against an advancing Indian armored column would cause substantial deaths and injuries to Pakistani citizens, rendering its purpose moot.

Ronak Desai, an Associate with the India and South Asia Program, reflects on the state of U.S.-Pakistan relations and its prospects for the future.