Resources Archive

There’s no question that globalization, in its modern American form of expanding free trade, just went through its worst crisis to date. But while economists debate whether or not we in the West are collectively heading toward a 1938-like “second dip,” it’s important to realize just how myopic our fears are about the future of a world economy that America went out of its way to create, defend, and grow these past seven decades. First, no matter how severe any second dip becomes, comparing our current plight to the Great Depression of the 1930s is an exercise in profound hyperbole, […]

BEIJING — In addition to now holding three of Iraq’s 11 major oil concessions, China has also been investing heavily in Afghanistan, and recently signed a high-profile nuclear deal with Pakistan. These significant strategic developments in all the major geographic theaters of the U.S. War on Terror further demonstrate the efficacy of Beijing’s economy-first diplomacy and reflect China’s growing influence in Central Asia as a whole. These gains have been facilitated by more than a decade of aggressive diplomacy throughout Central Asia, both through multilateral mechanisms such as the Shanghai Cooperation Organization (SCO), as well as through strengthening bilateral ties […]

Reports of the imminent death of U.S. hegemony in world affairs go at least as far back as the Nixon administration, and to date, they have all disappointed. While challengers have risen and fallen, none have managed to make themselves full-spectrum superpowers capable of both diplomatic leadership and global military reach, in combination with indisputable economic heft and soft-power appeal. Now, with the “rise of the rest” — concentrated in, but not limited to, the so-called BRIC package of Brazil, Russia, India and China — we are presented with the argument of a collective challenge to American world leadership. Let […]