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53931. Sovereign Wealth and Sovereign Power: The Strategic Consequences of American Indebtedness

Author:
Brad W. Setser
Publication Date:
09-2008
Content Type:
Working Paper
Institution:
Council on Foreign Relations
Abstract:
In the 1870s, the scope of Great Britain's financial empire exceeded the scope of its political empire. Dependence on British investors sometimes was a precursor, though, to informal—or even formal— political control. When Egypt's khedive needed to raise cash to cover his personal debt to private British banks, he sold his large personal stake in the Suez Canal to the British state. Egypt's ruler did little better managing Egypt's public debt: difficulties making payments led Britain and France to assume control over Egypt's treasury and, by 1882, to full British political control.
Topic:
Economics, Government, International Political Economy, and International Trade and Finance
Political Geography:
Britain, United States, America, and Egypt

53932. Volume 1, Issue 10 - Full Issue

Publication Date:
09-2008
Content Type:
Journal Article
Journal:
CTC Sentinel
Institution:
The Combating Terrorism Center at West Point
Abstract:
SEVEN YEARS AFTER the 9/11 attacks, there is good news and bad news. First, the good news: al-Qa`ida has not been able to attack again inside the United States. No one could have possibly predicted this on September 12, 2001, when we looked and felt so vulnerable. In the past seven years, al-Qa`ida has been able to strike the non-Islamic West in only two cities, London and Madrid. Both of these attacks were conducted by local cells with varying levels of connectivity to the central or strategic hub of al-Qa`ida. No matter how you spin it, and even if they attack again on the day this article is published, this is not an impressive record for an organization that looked so powerful on 9/11. It is important to recognize our success in mitigating al-Qa`ida's impact on the world—even in the midst of several years of bad news coming out of Iraq and Afghanistan.
Political Geography:
Afghanistan, United States, Iraq, and London

53933. Nigeria: Ogoni Land after Shell

Publication Date:
09-2008
Content Type:
Working Paper
Institution:
International Crisis Group
Abstract:
The Nigerian government's 4 June 2008 decision to replace the Shell Petroleum Development Company (SPDC) as operator of oil concessions in Ogoni areas offers an opportunity for ending one of the longest-running conflicts between a multinational oil company and a local community in the Niger Delta. But to ensure that new friction does not develop between the Ogoni and Shell's successor company, it must be followed by a comprehensive program of consultations with local populations to address the remaining issues involved in oil production in this area, including environmental protection and distribution of revenues.
Topic:
Economics, Environment, and Oil
Political Geography:
Africa and Nigeria

53934. REFORMING HAITI'S SECURITY SECTOR

Publication Date:
09-2008
Content Type:
Working Paper
Institution:
International Crisis Group
Abstract:
Operations led by the UN peacekeeping mission (MINUSTAH) largely disbanded armed gangs in the slums of Haiti's cities in early 2007, but security and stability are far from consolidated. The failure to provide an immediate, visible peace dividend once the gangs' hold was broken was a lost opportunity the still fragile country could ill afford. Now new threats are appearing. Serious crime persists, especially kidnapping and drug trafficking, and in the absence of a sufficiently large and fully operational police force and functioning justice and penitentiary systems, it threatens to undermine political progress. This was evidenced by the fall of Prime Minister Jacques-Edouard Alexis's government following April 2008 protests and riots against high living costs. Security sector reform (SSR) is essential to stabilisation but has been plagued by serious institutional weaknesses.
Topic:
Conflict Resolution, Conflict Prevention, International Organization, and United Nations
Political Geography:
Caribbean and Haiti

53935. Blood Barrels

Author:
Michael L. Ross
Publication Date:
05-2008
Content Type:
Journal Article
Journal:
Foreign Affairs
Institution:
Council on Foreign Relations
Abstract:
The world has grown much more peaceful over the past 15 years -- except for oil-rich countries. Oil wealth often wreaks havoc on a country's economy and politics, helps fund insurgents, and aggravates ethnic grievances. And with oil ever more in demand, the problems it spawns are likely to spread further.
Topic:
Economics

53936. After Guantánamo

Author:
Kenneth Roth
Publication Date:
05-2008
Content Type:
Journal Article
Journal:
Foreign Affairs
Institution:
Council on Foreign Relations
Abstract:
The U.S. detention facility at Guantánamo Bay has become a stain on the United States' reputation. Shutting it down will cause new problems. Rather than hold terrorism suspects in preventive detention, the United States should turn them over to its criminal justice system.
Political Geography:
United States

53937. The Future of American Power

Author:
Fareed Zakaria
Publication Date:
05-2008
Content Type:
Journal Article
Journal:
Foreign Affairs
Institution:
Council on Foreign Relations
Abstract:
Despite some eerie parallels between the position of the United States today and that of the British Empire a century ago, there are key differences. Britain's decline was driven by bad economics. The United States, in contrast, has the strength and dynamism to continue shaping the world -- but only if it can overcome its political dysfunction and reorient U.S. policy for a world defined by the rise of other powers.
Political Geography:
Britain, United States, and America

53938. The Age of Nonpolarity

Author:
Richard N. Haass
Publication Date:
05-2008
Content Type:
Journal Article
Journal:
Foreign Affairs
Institution:
Council on Foreign Relations
Abstract:
The United States' unipolar moment is over. International relations in the twenty-first century will be defined by nonpolarity. Power will be diffuse rather than concentrated, and the influence of nation-states will decline as that of nonstate actors increases. But this is not all bad news for the United States; Washington can still manage the transition and make the world a safer place.
Political Geography:
United States and Washington

53939. The Price of the Surge

Author:
Steven Simon
Publication Date:
05-2008
Content Type:
Journal Article
Journal:
Foreign Affairs
Institution:
Council on Foreign Relations
Abstract:
The Bush administration's new strategy in Iraq has helped reduce violence. But the surge is not linked to any sustainable plan for building a viable Iraqi state and may even have made such an outcome less likely -- by stoking the revanchist fantasies of Sunni tribes and pitting them against the central government. The recent short-term gains have thus come at the expense of the long-term goal of a stable, unitary Iraq.
Political Geography:
Iraq

53940. Beyond Darfur

Author:
Andrew S. Natsios
Publication Date:
05-2008
Content Type:
Journal Article
Journal:
Foreign Affairs
Institution:
Council on Foreign Relations
Abstract:
While the crisis in Darfur simmers, the larger problem of Sudan's survival as a state is becoming increasingly urgent. Old tensions between the Arabs of the Nile River valley, who have held power for a century, and marginalized groups on the country's periphery are turning into a national crisis. Engagement with Khartoum may be the only way to avert another civil war in Sudan, and even that may not be enough.
Political Geography:
Sudan and Arabia