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  • Author: Charles W. Calomiris, Stephen H. Haber
  • Publication Date: 12-2013
  • Content Type: Journal Article
  • Journal: Foreign Affairs
  • Institution: Council on Foreign Relations
  • Abstract: People routinely blame politics for outcomes they don't like, often with good reason: when the dolt in the cubicle down the hall gets a promotion because he plays golf with the boss, when a powerful senator delivers pork-barrel spending to his home state, when a well-connected entrepreneur obtains millions of dollars in government subsidies to build factories that will probably never become competitive enterprises. Yet conventional wisdom holds that politics is not at fault when it comes to banking crises and that such crises instead result from unforeseen and extraordinary circumstances.
  • Topic: Government, Politics
  • Author: Robert C. Lieberman
  • Publication Date: 01-2011
  • Content Type: Journal Article
  • Journal: Foreign Affairs
  • Institution: Council on Foreign Relations
  • Abstract: Increasing inequality in the United States has long been attributed to unstoppable market forces. In fact, as Jacob Hacker and Paul Pierson show, it is the direct result of congressional policies that have consciously -- and sometimes inadvertently -- skewed the playing field toward the rich.
  • Topic: Politics
  • Political Geography: United States
  • Author: Francis Fukuyama, Nancy Birdsall
  • Publication Date: 03-2011
  • Content Type: Journal Article
  • Journal: Foreign Affairs
  • Institution: Council on Foreign Relations
  • Abstract: The American version of capitalism is no longer dominant around the world. In the next decade, developing countries are likely to continue to trade the flexibility and efficiency associated with the free-market model for domestic policies meant to ensure greater resilience in the face of competitive pressures and global economic trauma.
  • Topic: Politics
  • Political Geography: America, Washington
  • Author: Christophe Jaffrelot
  • Publication Date: 03-2011
  • Content Type: Journal Article
  • Journal: Foreign Affairs
  • Institution: Council on Foreign Relations
  • Abstract: Many comparisons of India and Pakistan attribute India's democracy to Hinduism and Pakistan's autocracy to Islam. Philip Oldenburg's new book steers clear of this argument, focusing on historical, political, and external factors to explain how India came out ahead.
  • Topic: Islam, Politics, History
  • Political Geography: Pakistan, India
  • Author: Richard J. Samuels, Ely Ratner, Eric Heginbotham
  • Publication Date: 09-2011
  • Content Type: Journal Article
  • Journal: Foreign Affairs
  • Institution: Council on Foreign Relations
  • Abstract: The earthquake and tsunami that struck northeastern Japan on March 11, 2011, caused almost unimaginable damage and misery. In a surge of floodwater that lasted just two minutes, Japan lost nearly as many people as a proportion of its population as the United States did during the entire Vietnam War. The subsequent meltdown of the Fukushima nuclear reactors deepened the crisis. But some see a silver lining to these dark tragedies. After 20 years of economic stagnation, the crisis could bring the Japanese together, catalyze much-needed reforms, and reverse decades of malaise. Many in the United States predict that the disaster will give a welcome boost to the U.S.-Japanese alliance. In an interview with Japan's national public television network on March 22, U.S. Secretary of State Hillary Clinton proclaimed, "Our alliance, which was already strong and enduring, has become even more so." Indeed, the U.S. response to the disaster showcased its lasting commitment to Japan, as well as the unique logistical and material capabilities that the U.S. military forces stationed in the Pacific can provide. In what was dubbed Operation Tomodachi (Operation Friendship), the United States mobilized some 20,000 service members to assist with relief activities. It was the largest joint operation in the history of the alliance, and it generated widespread public support in both countries. Despite the warmth of that the moment, however, deeper trends portend a far less certain future for the U.S.-Japanese relationship. Japan is undergoing profound changes aimed at empowering the political leadership at the expense of its historically preeminent bureaucracy. But rather than bringing about a clean transfer of institutional authority, the reforms have triggered battles among politicians and between politicians and bureaucrats, creating a power vacuum and undermining the government's ability to make policy. Complicating matters further are Japan's piecemeal policymaking institutions, a hypercompetitive media environment, and an increasingly dire fiscal outlook. The result has been uncertainty and gridlock, which are affecting alliance policymaking and are unlikely to disappear in the years ahead.
  • Topic: Politics
  • Political Geography: United States, Japan, Tokyo
  • Author: Ronald R. Krebs
  • Publication Date: 11-2011
  • Content Type: Journal Article
  • Journal: Foreign Affairs
  • Institution: Council on Foreign Relations
  • Abstract: The greatest danger to Israel comes not from without -- in the form of Palestinian intransigence -- but from within. The ongoing occupation of the territories is destroying Israel's values and viability. It breeds an aggressive, intolerant ethnic nationalism and causes political gridlock, empowering an ultrareligious underclass that refuses to contribute and lives off the state.
  • Topic: Politics
  • Political Geography: Israel, Palestine, Gaza
  • Publication Date: 11-2011
  • Content Type: Journal Article
  • Journal: Foreign Affairs
  • Institution: Council on Foreign Relations
  • Abstract: President Viktor Yanukovych has led Ukraine, no stranger to crisis, into another round of turmoil. He has rolled back democracy while failing to take on corruption or take the country closer to Europe. Now, much of the public has turned against him -- and the country could be headed for more unrest.
  • Topic: Government, Politics
  • Political Geography: Europe, Ukraine
  • Author: Michael Bernhard
  • Publication Date: 11-2011
  • Content Type: Journal Article
  • Journal: Foreign Affairs
  • Institution: Council on Foreign Relations
  • Abstract: China is hardly the first great power to make authoritarian development look attractive. As Jonathan Steinberg's new biography of Bismarck shows, Wilhelmine Germany did it with ease. But can even successful nondemocratic political systems thrive and evolve peacefully over the long run? The answer depends on whether authoritarian elites can tolerate sharing power.
  • Topic: Development, Politics
  • Political Geography: China, Germany, Peru
  • Author: Robert D. Kaplan
  • Publication Date: 03-2009
  • Content Type: Journal Article
  • Journal: Foreign Affairs
  • Institution: Council on Foreign Relations
  • Abstract: Already the world's preeminent energy and trade interstate seaway, the Indian Ocean will matter even more as India and China enter into a dynamic great-power rivalry in these waters.
  • Topic: Cold War, Politics
  • Political Geography: China, Europe, India
  • Author: Michael D. Bell, Daniel C. Kurtzer, Prem G. Kumar
  • Publication Date: 03-2009
  • Content Type: Journal Article
  • Journal: Foreign Affairs
  • Institution: Council on Foreign Relations
  • Abstract: To resolve the Israeli-Palestinian conflict, policymakers will have to develop a new regime for Jerusalem's Old City. Striking an Israeli-Syrian deal that draws Damascus away from Tehran is also essential, but it will be harder than it appears.
  • Topic: Economics, Politics
  • Political Geography: Israel, Palestine, Syria
  • Author: Charles Tripp
  • Publication Date: 09-2009
  • Content Type: Journal Article
  • Journal: Foreign Affairs
  • Institution: Council on Foreign Relations
  • Abstract: The notion of political Islam may be a more complicated bargain than many realize, and Muslims who seek to shape the world according to their religious values often confront an obdurate reality.
  • Topic: Islam, Politics