Energy

While the Netanyahus drink champagne and Trump tweets, the Russians changed the Mideast’s nuclear calculus — and this time, Israel has no feasible military option. But can Jerusalem really depend on the White House to avert a nuclear arms race?

As George Orwell once observed, some ideas are so absurd that only the intelligentsia could hold them; ordinary people would not be so foolish. A case in point is a reported proposal to allow the Kingdom of Saudi Arabia to enrich uranium and reprocess spent reactor fuel—two activities that could bring it within weeks of acquiring nuclear weapons—under a developing civil nuclear cooperation agreement.

The historical record does not support the idea that nuclear energy programs increase the odds of proliferation.

Contrary to conventional wisdom, states with nuclear energy programs are not more likely than those without them to seek or acquire nuclear weapons.

The Iran nuclear deal is deeply flawed. Its duration is too short, and it fails to require of Tehran the universally agreed-upon minimum for effective verification — a complete and correct declaration of all relevant activities. Nonetheless, it would be a mistake for President Donald Trump to renounce it now, as he is reportedly contemplating.

In many Western democracies, this is a year of revolt against elites. The success of the Brexit campaign in Britain, Donald Trump’s unexpected capture of the Republican Party in the United States, and populist parties’ success in Germany and elsewhere strike many as heralding the end of an era. As Financial Times columnist Philip Stephens put it, “the present global order – the liberal rules-based system established in 1945 and expanded after the end of the Cold War – is under unprecedented strain. Globalization is in retreat.”

In fact, it may be premature to draw such broad conclusions.

Some economists attribute the current surge of populism to the “hyper-globalization” of the 1990s, with liberalization of international financial flows and the creation of the World Trade Organization – and particularly China’s WTO accession in 2001 – receiving the most attention. According to one study, Chinese imports eliminated nearly one million US manufacturing jobs from 1999 to 2011; including suppliers and related industries brings the losses to 2.4 million.