Broken BRICs Courtesy: Foreign Affairs
30 October 2012

Broken BRICs

There’s been much talk about the “the rise of the rest,” with Brazil, Russia, India, and China leading the charge. However, few countries can sustain unusually fast growth for a decade, and even fewer, for more than that. As the boom years begin to end, the international order won’t change as much as expected.

foreing affairs sept_1 Courtesy: Foreign Affairs
9 October 2012

Government, Geography, and Growth

Jeffrey D. Sachs argues that the mono-causal analysis of the book, 'Why Nations Fail,’ – that economic development hinges on a country’s political institutions – ignores important factors (such as geography) that can also affect growth.

foreing affairs sept_0 Courtesy: Foreign Affairs
28 August 2012

Stimulus or Reform?

Since weak demand is at the heart of the recession, governments need to enact stimulus programs along with structural reforms, argues Menzie Chinn. Structural reforms don’t always work out, writes Karl Smith. Raghuram Rajan demurs.

Bucking Beijing: An Alternative U.S. China Policy Courtesy: Foreign Affairs
27 August 2012

Bucking Beijing: An Alternative U.S. China Policy

Until now, the U.S.-China policy has been driven by a blend of engagement and balancing. The Obama administration’s concentration on ‘engagement’ has done nothing to halt Beijing’s military build-up. The next administration should work towards bolstering the ‘balancing’ half of Washington’s strategic equation.

foreign affairs july_2_0 Courtesy: Foreign Affairs
1 July 2012

The Right Way Out of Afghanistan

To leave behind a stable government in Afghanistan in 2014, the U.S. needs to work towards electoral reforms, negotiations with the Taliban, and a regional settlement involving Pakistan.

foreign affairs november issue cover Courtesy: Foreign Affairs
1 November 2011

Is Indonesia Bound for the BRICs?

As Indonesia hosts a number of high-level summits this year, it looks set to take its place among the world’s economic superstars. But celebrations are premature: although Indonesia has made great strides, its gains are reversible. To continue to prosper, Jakarta must address rampant corruption and poor governance

foreign affairs september issue_0 Courtesy: Foreign Affairs
1 October 2011

The Inevitable Superpower

Is China poised to take over from the United States as the world’s leading economy? Yes, judging by its GDP, trade flows, and ability to act as a creditor to the rest of the world. In fact, China’s economic dominance will be far greater and come about far sooner than most observers realize.

foreign affairs MayJune2011 Cover_140x170_0 Courtesy:
1 May 2011

Getting the military out of Pakistani politics

Pakistan is unlikely to collapse anytime soon, but the imbalance of power between its civilian and military branches needs to be addressed if it is to become an effective modern state. Washington must stop coddling Pakistan’s military and instead work patiently to support the country’s civilian authorities.