As the world economy stares down the most severe crisis it has seen in nearly a century, the International Monetary Fund (IMF) finds itself positioned somewhere between danger and opportunity: Danger lurks in emergent alternatives to the fund; opportunity lies in reform. Yet, reform requires change, and change does not come easily in the realm of international politics. Invariably, it creates winners and losers. The United States and Europe have long been the beneficiaries of the international financial institutions crafted during the waning hours of World War II. But the world of today is a far cry from that of [...]
Aid and Development
NAIROBI, Kenya — When Kenya welcomed Iranian President Mahmoud Ahmadinejad on the first stop of his first tour of sub-Saharan Africa in mid-February, it reflected how Nairobi’s emphasis on bilateral relations with Middle Eastern and Southeast Asian countries is increasingly overshadowing its ties to traditional Western allies. Beginning in 1963, when Kenya attained independence from Britain, Western countries were routinely accorded a “first amongst equals” status. A military pact signed between Kenya and the United States in 1980, allowing the U.S. Navy use of the local port of Mombasa to monitor the Far East in return for military and economic [...]
After seven years in Afghanistan, it’s back to basics. On Friday, President Barack Obama unveiled the results of his comprehensive and long-awaited policy review of the U.S. war strategy in South and Central Asia. Reining in what has become a discombobulated mission, he asked outright, “What is our purpose in Afghanistan?” He then went on to answer his own question: Our purpose is the pursuit of al-Qaida and its leadership, Osama bin Laden and Ayman al-Zawahiri. There is little surprise in that decision. Likewise, the new way forward offered few unexpected headlines. The strategy will focus on an approach to [...]