South Asia

173 Items

Book - University of Michigan Press

Capital Choices: Sectoral Politics and the Variation of Sovereign Wealth

| Mar. 07, 2022

Capital Choices analyzes the creation of different SWFs from a comparative political economy perspective, arguing that different state-society structures at the sectoral level are the drivers for SWF variation. Juergen Braunstein focuses on the early formation period of SWFs, a critical but little understood area given the high levels of political sensitivity and lack of transparency that surround SWF creation. Braunstein’s novel analytical framework provides practical lessons for the business and finance organizations and policymakers of countries that have created, or are planning to create, SWFs.

Taliban special force fighters arrive inside the Hamid Karzai International Airport

AP/Khwaja Tawfiq Sediqi

Analysis & Opinions - TRENDS Research & Advisory

An Unassailable Position of Total Weakness — U.S. Foreign Policy Since 9/11

| Sep. 11, 2021

Nathaniel L. Moir writes of historical cases in which a U.S. tendency to over-rely on military capabilities and American economic strength proved unwise and how such power eventually proved to be irrelevant. In addition to the Vietnam War as an example, the rapid collapse of the Republic of China and its large military forces in late 1948 and 1949 offers some parallels with the collapse of the Afghan National Army and the Afghan Government, despite the United States investment of trillions of U.S. dollars.

Afghan security personnel guard around the Green Zone,

AP/Rahmat Gul

Analysis & Opinions - Foreign Affairs

The Hearts-and-Minds Myth

| July 15, 2021

Jacqueline L. Hazelton analyzes why the United States fails at counterinsurgency in light of its withdrawal from Afghanistan. She asserts that the belief that democracy is necessary for long-term stability and can flow from the barrel of a gun is rooted in misleading accounts of past counterinsurgency campaigns, such as the Malayan Emergency and the 1948–1954 insurgency in the Philippines.