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2. Harnessing the Financial Furies: Smart Financial Power and National Security
- Author:
- Juan C. Zarate
- Publication Date:
- 10-2009
- Content Type:
- Journal Article
- Journal:
- The Washington Quarterly
- Institution:
- Center for Strategic and International Studies
- Abstract:
- Economic sanctions have long been the national security tool of choice when neither diplomacy nor military force proves effective or possible. This tool of statecraft has become even more important to coerce and constrain the behavior of non-state networks and recalcitrant, rogue regimes which often appear beyond the reach of classic U.S. power or influence. The challenge is often how to use power to affect the interests of regimes that are likely immune to broad effects of sanctions on their populations.
- Topic:
- Economics
- Political Geography:
- United States
3. Forget Bretton Woods II: the Role for U.S.-Japan-China Trilateralism
- Author:
- Yoichi Funabashi
- Publication Date:
- 04-2009
- Content Type:
- Journal Article
- Journal:
- The Washington Quarterly
- Institution:
- Center for Strategic and International Studies
- Abstract:
- In this age of globalization, nations rise and fall in the world markets day and night. Europe, Germany in particular, may at first have indulged in a certain amount of schadenfreude to observe the abrupt fall from grace of the U.S. financial system. But not for long. As of November 2008, the euro zone is officially in a recession that continues to deepen. Germany's government was compelled to enact a 50 billion euro fiscal stimulus package. The Japanese economy, though perhaps among the least susceptible to the vagaries of the European and U.S. economies, followed soon after, with analysts fearing that the downturn could prove deeper and longer than originally anticipated. The U.S.—Europe—Japan triad, representing the world's three largest economies, is in simultaneous recession for the first time in the post-World War II era. China, meanwhile, is suddenly seeing its 30-year economic dynamism lose steam, with its mighty export machine not just stalling but actually slipping into reverse.
- Topic:
- Economics, Globalization, and Government
- Political Geography:
- United States, Japan, China, Europe, and Germany
4. Toward Reconciliation in Afghanistan
- Author:
- Michael O'Hanlon
- Publication Date:
- 04-2009
- Content Type:
- Journal Article
- Journal:
- The Washington Quarterly
- Institution:
- Center for Strategic and International Studies
- Abstract:
- How can we make sense of where the United States is in Afghanistan today? A poor country, wracked by 30 years of civil war, finds itself at the mercy of insurgents, terrorists, and narco-traffickers. NATO's economy-of-force operation there has attempted to help build a nation with very few resources. Yet, overall levels of violence remain relatively modest by comparison with other violent lands such as the Congo, Iraq, and even Mexico. Economic growth is significant and certain quality of life indicators are improving, though from a very low base. The United States is committed to Afghanistan and over the course of 2009 will roughly double its troop strength there. The international community is also seriously committed, with a number of key countries such as Canada, the Netherlands, and the United Kingdom fighting hard and applying solid principles of counterinsurgency.
- Topic:
- NATO and Economics
- Political Geography:
- Afghanistan, United States, Iraq, United Kingdom, Canada, Democratic Republic of the Congo, Mexico, and Netherlands