The world we know is changing. The result is an uneasy mixture of the traditional Westphalian state system and the forces of globalization. Until we find a balance between them, this is a recipe for drift, transition and increasing chaos.
The IMF has become little more than an abettor of bad policymaking. To avoid the next meltdown, the IMF must become a global advocacy group. Diplospeak is out; punchy prose and clear policy recommendations are in.
The America-China symbiosis cannot be overstated. Beijing’s willingness to buy U.S. debt allowed us to live on credit, while our purchase of Chinese goods propelled their meteoric rise. But as the financial markets have soured, some in the United
Japan's economic troubles aries from four interwoven causes, three of which are now extant in Germany--with major security implications for the United States.
Indonesia's crisis could cause the strategic upending of Southeast Asia. American policymakers may need to act quickly and wisely to prevent a security nightmare.
The role of finance in international relations is growing. Washington should take note of this changing reality and more effectively integrate economics into its grand strategy.
