Those nations falling between the developed West and the world’s poorest countries are jockeying for position in their own regions and playing powers against each other. They will make life increasingly difficult for the reigning great powers.
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
The United States doesn’t really know how to build nations anywhere, even when security conditions are relatively good. How can we expect to succeed in Afghanistan?
