Trade Archive

Anyone with even a sketchy understanding of the Cold War knows that it was a time not only of intense direct competition between the reigning superpowers, but also of grand schemes by both the U.S. and USSR for integrating their allies and clients into adversarial blocs, as well as for poaching the partners of the rival power—especially in the developing world—into their own camp. Throughout much of this era, the West regarded professions of neutrality among poorer countries with skepticism or even outright hostility. Beginning with the Eisenhower administration, the view took hold in Washington that non-alignment was just a […]

International attention has been trained this week on Ukraine, where fears of an imminent outbreak of conflict have many observers worrying about the future of multilateralism in a period of strategic competition between the U.S., Russia and China. Yet an equally troubling bellwether for the future of multilateralism lies in the world’s collective failure to address the ongoing crisis in Afghanistan.   Five months after the Taliban’s takeover, the international community appears no closer to an answer on how to manage its strategic interests in Afghanistan, from dealing with the Taliban to addressing the needs of millions of suffering Afghans. […]

A series of deadly explosions in Abu Dhabi, the normally placid capital of the United Arab Emirates, has created a strategic quandary for the UAE government. Its leaders are in the midst of a major diplomatic reinvention, seeking to develop good relations with all of their regional neighbors, including, notably, Iran. The recent attacks, which were carried out by Houthi rebels in Yemen, may cause the UAE to reconsider its rapprochement with Tehran, the Houthis’ chief sponsor. The Houthis’ weapons, reportedly advanced missiles and drones, killed three people­—two Indian nationals and one Pakistani—and injured six others. The strikes targeted an area near the […]

In 1956, then-Soviet Premier Nikita Khrushchev executed a sharp but largely forgotten reorientation in his country’s foreign policy. During the long decades under Josef Stalin, with the exception of its support for communist China, Moscow had focused almost all of its energy abroad in buttressing client states in Eastern Europe. But with one major speech, Khrushchev announced that the era of investing only in Russia’s “near abroad” was finished.  Taking his cues from the 1955 Asian-African Bandung Conference in Indonesia that launched the Non-Aligned Movement, and anticipating the huge wave of newly sovereign countries that would commence with Ghana’s independence […]

Davos Man has seen the future, and it is bleak. Last week, the sponsors of the World Economic Forum released their 17th annual “Global Risks” report on the most worrisome threats confronting humanity in 2022 and beyond. Sadly, this latest crystal ball-reading exercise suggests that the COVID-19 pandemic may soon be the least of our worries. Over the next decade, the most pressing task confronting humanity will be ensuring the survival of life on planet Earth—and at the same time, the world’s governments will need to navigate surging economic inequality, rising barriers to migration and growing vulnerabilities in both cyberspace and outer […]

South Korea’s era of “strategic ambiguity” when it comes to taking sides in the great power rivalry between its historical ally and its rising neighbor is well and truly over. The Moon Jae-in government has moved away from seeking a middle ground between the U.S. and China. Quietly but surely, Seoul has decided to side with Washington in its competition with Beijing. The signs of this shift are everywhere. Prominent examples include the joint statement signed by Moon and U.S. President Joe Biden in May, which called out Beijing’s behavior in everything but name, and Seoul’s military build-up, which targets China as […]