
- With the UK election campaign under way in all but name, the FT’s Martin Wolf explains why he doesn’t fear a hung parliament – arguing that it might be just what’s needed to achieve fiscal restraint. “So poorly has single-party despotism governed the UK”, he suggests, “that I would welcome a coalition or, at worst, a minority government.” The Institute for Government, meanwhile answers all your hung parliament-related questions here, placing things in international and historical perspective.
- The Cable highlights the Obama administration’s key people on Iran. Richard Haass, meanwhile, suggests that the West’s strategy must do more to help the Iranian people – with the US and EU acting to “energise and lend rhetorical support to the opposition, helping it to communicate with the outside world”.
- Elsewhere, Der Spiegel profiles the five main risks to the Euro – namely Greece, Portugal, Spain, Ireland, and Italy – assessing their economic woes. Charlemagne, meanwhile, interviews Cathy Ashton. And The Economist also has news that Dominique Strauss-Khan, current IMF head, is considering running against Nicolas Sarkozy in France’s 2012 presidential elections.
- Finally, this week saw a group of British Academy experts writing to the Queen about the failure to foresee the credit crunch – a follow-up to a question from the monarch at the LSE last summer. Their suggestion: the need for a better-coordinated government horizon scanning capacity – something that could take the form of a monthly economics briefing to the Queen, which would serve – as Professor Peter Hennessy has commented – to “sharpen minds” of officials. Read the full letter here (pdf).
February 12, 2010 at 3:51 pm | More on Cooperation and coherence, Economics and development, Europe and Central Asia, Middle East and North Africa, UK | Comments Off- Writing in E!Sharp magazine, David Charter examines some of the contentious debates surrounding the shaping of the new European External Action Service (EEAS). Jan Gaspers, meanwhile, suggests that the EEAS will mark the “real vanguard of a stronger EU in international affairs”, and given time could pose a significant challenge to national diplomacy.
- Bruce Schneier offers his take on the reaction to the attempted Christmas terror plot. “The problem”, Schneier argues, with the solutions being proposed (full-body scanners, passenger profiling, etc.):
“is that they’re only effective if we guess the plot correctly. Defending against a particular tactic or target makes sense if tactics and targets are few. But there are hundreds of tactics and millions of targets, so all these measures will do is force the terrorists to make a minor modification to their plot.”
[…]
“What we need is security that’s effective even if we can’t guess the next plot: intelligence, investigation and emergency response.”
- Elsewhere, Samuel Brittan, argues in favour of taking a “fresh look” at certain liberal values – “[h]owever difficult it is to define a liberal”, he suggests, “it is not hard to spot anti-liberals.” John Gray, meanwhile, explores the relationship between neoliberalism and state power, suggesting that “[t]he consequence of reshaping society on a market model has been to make the state omnipresent.”
- Finally, the FT’s Gillian Tett has an interesting piece on the potential social impact of fiscal cuts and the implications of this for bond markets and national standing over the next decade.
January 8, 2010 at 4:24 pm | More on Conflict and security, Economics and development, Europe and Central Asia | Comments Off- With the US and Russia reportedly close to agreeing a successor START deal, Gareth Evans and Yoriko Kawaguchi chart the next steps for a secure nuclear future. Details of their recently published report on nuclear non-proliferation and disarmament can be found here. Henry Kissinger, meanwhile highlights the importance of kick-starting progress on six-party talks with North Korea.
- Elsewhere, Nouriel Roubini reflects on “gold bubbles” and the need to beware the calls of “gold bugs”, given that the “recent rise in gold prices is only partially justified by fundamentals”. The FT’s Alphaville blog offers an alternate view.
- Catherine Ashton, the EU’s High Representative for Foreign Affairs and Security Policy, outlines her vision of a “quiet diplomacy” keenly focused on “getting results”. The BBC’s Europe Editor, Gavin Hewitt, assesses the upcoming challenges she is likely to face – whether a winter energy crisis, shaping a coherent EU policy towards the Middle East, or establishing the much-trumpeted EU diplomatic service. Charlemagne, meanwhile, argues that when it comes to European foreign policy there are simply “too many cooks”. Philip H. Gordon, US Assistant Secretary of State for European and Eurasian Affairs, offers his thoughts on what the post-Lisbon landscape is likely to mean for US-EU relations.
- Finally, Prospect presents 25 key public intellectuals that have helped us navigate the squalls of the financial crisis – Simon Johnson, Avinash Persaud, and Adair Turner make up the top 3. Niall Ferguson, meanwhile, offers his take on the most influential thinkers of the past now showing renewed relevance – Keynes, Polanyi, Kindleberger and Darwin, among others, have places on his list.
December 18, 2009 at 4:52 pm | More on Conflict and security, Economics and development, Europe and Central Asia, North America | Comments Off- With the new EU President and High Representative finally decided, the FT wonders whether current Commission President, José Manuel Barroso, is the true victor from all the horse-trading. The Times has news that, consistent with the Lisbon reforms, the EU is attempting to strengthen its presence at the UN. Sunder Katwala, meanwhile, suggests that European member states still lack a fundamental sense of what they want to achieve as one in the global arena.
- As President Obama continues to review Afghan strategy, the WSJ assesses the impact on US-UK relations. Con Coughlin, meanwhile, paints a more pessimistic picture of the “exclusivity of [Obama’s] style of decision-making”.
- Elsewhere, Fyodor Lukyanov heralds Mikhail Gorbachev’s idealism, suggesting he was “the last Wilsonian of the 20th century”. Richard Haass, meanwhile, explains how lessons drawn from the Cold War could help address contemporary global challenges.
- Finally, World Politics Review has a series of articles on modernising the US State Department and creating a more integrated national security architecture. The Guardian, meanwhile, surveys the UK Foreign Office’s growing “brave new world of blogger ambassadors”.
November 20, 2009 at 5:29 pm | More on Conflict and security, Europe and Central Asia, Influence and networks, North America | Comments Off- With President Obama embarking on his visit to Asia, John Plender examines the nature of China’s challenge to US dominance. Cheng Li and Jordan Lee suggest what the President has to do in striking the right tone for US-China relations going forward. Kishore Mahubani, meanwhile, views Asia’s rise through the prism of Francis Fukuyama’s End of History twenty years on.
- In a wide-ranging interview with Der Spiegel, Russian President, Dmitry Medvedev talks about Stalin, democracy and the rule of law, his relationship with Vladimir Putin, and ongoing Western entanglement in Afghanistan.
- Elsewhere, Stefan Theil argues that, aided by the financial crisis, the EU’s global standing is on the rise:
“The EU’s modus operandi — sharing power, hammering out agreements, resolving conflict by endless committee — can be boring and even frustrating to watch”, he argues, “[b]ut in an increasingly networked and interdependent world, it has become the global standard.”
Julian Priestley, meanwhile, suggests four conditions if the EU is to get the most from its “institutional architecture”.
- Finally, writing in the New Yorker, Seymour Hersh explores US concerns about the safety of Pakistan’s nuclear arsenal amid growing instability.
November 12, 2009 at 4:17 pm | More on Conflict and security, Cooperation and coherence, Economics and development, Europe and Central Asia, North America, South Asia | Comments Off- The former British Governor of Hong Kong, Chris Patten, explains why he’s not grumpy about the current state of international politics – perhaps an outside candidate for the role of EU Foreign Minister? Le Monde diplomatique, meanwhile, suggests that the path to Lisbon has emphasised the gap between European governments and their citizens.
- John Gapper takes a look at Warren Buffett’s $27 billion deal to buy the railroad company BNSF, and explores what the “Sage of Omaha’s” latest move says about the basis of US economic recovery. Harold James, meanwhile, assesses the current state of monetary policy following the financial crisis, suggesting that we may be heading towards “international monetary chaos”.
- Elsewhere, the Daily Beast reproduces the “lost” victory and concession speeches that Sarah Palin never gave on election night one year ago – making for interesting reading indeed.
- Finally, over at Oxfam, Duncan Green laments the familiar refrain of NGOs, international institutions and governments alike to the need for “political will” and “good governance” when trying to achieve reform. Greater investment in “political literacy” and deeper “power analysis” instead, he suggests, should underpin attempts to bring about such change.
November 5, 2009 at 2:11 pm | More on Economics and development, Europe and Central Asia, North America | Comments Off- With the upcoming anniversary of the fall of the Berlin Wall, Timothy Garton Ash surveys the current debate about the causes behind those dramatic events twenty years ago. Commenting on the role of the superpowers, he suggests: “They made history by what they did not do… both giants stood back partly because they underestimated the significance of things being done by little people in little countries.” Adam Roberts, meanwhile, explores how civil resistance has fared around the world since 1989. When confronted with the reality of power politics, he suggests, choosing the right time for action from the bottom-up is critical.
- Looking to Copenhagen, Bruce Bueno de Mesquita propounds the predictive capacity of game theory and rational choice theory to explore what the climate negotiations might hold. Der Spiegel, meanwhile, has a report about the Danish island of Samso – at the forefront of the country’s green revolution.
- Elsewhere, Robert Skidelsky assesses the current debate raging between New Keynesian and New Classical economists over the financial crisis. Fully grasping the “implications of irreducible uncertainty for economic theory”, he suggests, would lead to a better understanding.
- Finally, Mihir Bose explores the contemporary state of Anglo-Indian relations, suggesting that fragility, rooted in history, is still very apparent. And with Indian and Chinese officials set to meet, Kapil Komireddi argues that rivalry between the two rising superpowers will come increasingly to define the 21st century.
October 26, 2009 at 2:21 pm | More on Climate and resource scarcity, Conflict and security, Economics and development, Europe and Central Asia, South Asia | 1 Comment- With Czech ratification of the Lisbon Treaty now looking increasingly likely, attention shifts to the implications for the EU’s global influence. Benita Ferrero-Waldner, the current External Relations commissioner, offers some thoughts on the future EU foreign policy setup here. Hugo Brady, meanwhile, identifies some of the qualities needed in a new President of the European Council – “the job appears”, he suggests, “to require its holder to be a walking paradox: charismatic but modest, highly effective but non-intimidating, a consensus builder but also a decision-maker”. Pascal Lamy, he argues, might just fit the bill.
- In the London Review of Books, David Bromwich explores President Obama’s tendency toward the conciliatory gesture and major pronouncement, assessing the consequences for delivering meaningful outcomes. “[H]is pattern has been the grand exordium delivered at centre stage”, Bromwich argues, “followed by months of silence”. Writing in the WSJ, meanwhile, Bret Stephens offers a critical perspective on the President’s commitment to human rights.
- Elsewhere, Dani Rodrik rails against those raising the spectre of protectionism, suggesting that “the world economy remains as open as it was before the crisis struck” and that the “international trade regime has passed its greatest test since the Great Depression with flying colours”. The Economist, meanwhile, provides an analysis of the falling dollar, while Jean Pisani-Ferry and Adam Posen assess the limitations of the Euro as an alternate global currency.
- Finally, behind the scenes of the financial crisis, and based on in-depth interviews throughout, Todd Purdum chronicles Hank Paulson’s time in office. Reuters has an extract from Andrew Ross Sorkin’s new book offering another take on the former US Treasury Secretary’s actions during the crisis. Daniel Yergin, meanwhile, examines the importance of finding a narrative for the crisis – crucial, he suggests, not only in understanding what happened but also offering a “framework for organising thinking for the future”.
October 21, 2009 at 1:15 pm | More on Cooperation and coherence, Economics and development, Europe and Central Asia, North America | Comments Off- With the eighth anniversary of war in Afghanistan, debate about the strategic direction of the conflict continues apace. Foreign Policy has an extract from Gordon M. Goldstein’s Lessons in Disaster – chronicling the key turning points of the Vietnam war and reportedly forming required reading in the current White House. Over at the New Republic, William Galston argues that General McChrystal was right to air his concerns about Afghan strategy in public and ratchet up pressure on President Obama.
- RUSI, meanwhile, assesses the issue of troop numbers on British shores, viewing the commitment to hard power through the lens of the country’s world role. In related news, the Conservatives are set to confirm that General Sir Richard Dannatt, recently retired as Chief of the General Staff, is to advise them on defence policy.
- Elsewhere, Professor John Merriman asks if the bombing of a Paris café at the end of the 19th Century spawned terrorism in its modern form. Current policy, he suggests, would do well to take better account of historical experience.
- Finally, with the slew of annual awards from the Nobel committee well under way, attention turns to possible winners of the economics prize – to be announced on Monday. Thompson Reuters offers its annual, citation-based, predications here. Brad DeLong, meanwhile, suggests that this year’s gong should go to Mark Gertler and current Fed chairman, Ben Bernanke.
October 7, 2009 at 10:44 pm | More on Conflict and security, Economics and development, Europe and Central Asia | 1 Comment
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