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Financial Statecraft
divAs trade flows expanded and trade agreements proliferated after World War II, governments—most notably the United States—came increasingly to use their power over imports and exports to influence the behavior of other countries. But trade is not the only way in which nations interact economically. Over the past two decades, another form of economic exchange has risen to a level of vastly greater significance and political concern: the purchase and sale of financial assets across borders. Nearly $2 trillion worth of currency now moves cross-border every day, roughly 90 percent of which is accounted for by financial flows unrelated to trade in goods and services—a stunning inversion of the figures in 1970. The time is ripe to ask fundamental questions about what Benn Steil and Robert Litan have coined as “financial statecraft,” or those aspects of economic statecraft directed at influencing international capital flows. How precisely has the American government practiced financial statecraft? How effective have these efforts been? And how can they be made more effective? The authors provide penetrating and incisive answers in this timely and stimulating book. /DIV
Wars of Ideas
The Trump administration brought major changes in how the United States relates to the Muslim World, and a growing awareness of the need to compete with radical Islamic forces in the domain of their theocratically-based ideology. This work explores the current state of the “wars of ideas” against radical Islam and identifies America’s potential partners in this fight.
Realism and Democracy
This book makes a realpolitik argument for supporting democracy in the Arab world, drawing on four decades of policy experience.
A World in Disarray
“A valuable primer on foreign policy: a primer that concerned citizens of all political persuasions—not to mention the president and his advisers—could benefit from reading.” —Michiko Kakutani, The New York Times An examination of a world increasingly defined by disorder and a United States unable to shape the world in its image, from the president of the Council on Foreign Relations Things fall apart; the center cannot hold. The rules, policies, and institutions that have guided the world since World War II have largely run their course. Respect for sovereignty alone cannot uphold order in an age defined by global challenges from terrorism and the spread of nuclear weapons to clim...
Foreign Policy Begins at Home
"A concise, comprehensive guide to America's critical policy choices at home and overseas . . . without a partisan agenda, but with a passion for solutions designed to restore our country's strength and enable us to lead." -- Madeleine K. Albright A rising China, climate change, terrorism, a nuclear Iran, a turbulent Middle East, and a reckless North Korea all present serious challenges to America's national security. But it depends even more on the United States addressing its burgeoning deficit and debt, crumbling infrastructure, second class schools, and outdated immigration system. While there is currently no great rival power threatening America directly, how long this strategic respite...
American Foreign Policy
A collection of essays originally appearing in Foreign Affairs offers contrasting perspectives on issues in American foreign policy.
Post Putin
Now in apparent robust health, Russian President Vladimir Putin (age 66) could remain in power for another decade or even longer. But he will not keep power forever. From declining health to forced retirement to assassination, a multitude of factors could force Putin to leave the political scene and bring new leadership to Moscow. If so, who might come to power, and what policy changes can be expected during, and after, what may well be a protracted power struggle? Post Putin is a prescient examination of the variables that could contribute to Putin’s departure from political power, and the competing forces with which any potential successor will need to contend.
The Israel Lobby and US Foreign Policy
Does America’s pro-Israel lobby wield inappropriate control over US foreign policy? This book has created a storm of controversy by bringing out into the open America’s relationship with the Israel lobby: a loose coalition of individuals and organizations that actively work to shape foreign policy in a way that is profoundly damaging both to the United States and Israel itself. Israel is an important, valued American ally, yet Mearsheimer and Walt show that, by encouraging unconditional US financial and diplomatic support for Israel and promoting the use of its power to remake the Middle East, the lobby has jeopardized America’s and Israel’s long-term security and put other countries – including Britain – at risk.
Economic Sanctions and American Diplomacy
What cannot be disputed is that economic sanctions are increasingly at the center of American foreign policy: to stem the proliferation of weapons of mass destruction, promote human rights, discourage aggression, protect the environment, and thwart drug trafficking.
Special Providence
"God has a special providence for fools, drunks and the United States of America."--Otto von Bismarck America's response to the September 11 attacks spotlighted many of the country's longstanding goals on the world stage: to protect liberty at home, to secure America's economic interests, to spread democracy in totalitarian regimes and to vanquish the enemy utterly. One of America's leading foreign policy thinkers, Walter Russell Mead, argues that these diverse, conflicting impulses have in fact been the key to the U.S.'s success in the world. In a sweeping new synthesis, Mead uncovers four distinct historical patterns in foreign policy, each exemplified by a towering figure from our past. W...
