Islamic Finance, Risk-Sharing, and International Financial Stability
By Hossein Askari
In the aftermath of the financial crisis of 2007–2008, the fundamental stability of the conventional financial system has been seriously questioned. Excessive leveraging, combined with an inherent asset-liability mismatch, exposes institutions to unsupportable risk, and threatens the overall soundness of the financial system.
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Should the International Criminal Court Impose Justice?
By Steven C. Roach
States adopt policies and strategies designed to serve primarily their own national interests. The International Criminal Court’s recent indictments of Omar al-Bashir and Moammar el-Qaddafi highlight growing concerns with some states’ strategies. My aim is to address these concerns as well as the changing, positive dynamics of imposing international justice.
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International Law at a Crossroads
By Oona A. Hathaway, Sabria McElroy, Sara Aronchick Solow
During the first hundred and seventy years of US history, courts generally applied a strong presumption that treaties could be used by private litigants to press their claims. That presumption began to erode in the wake of World War II, and in 2008 the United States Supreme Court effectively reversed it.
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Peacekeeping: A Barrier to Durable Peace?
By J. Michael Greig and Paul F. Diehl
It is important to recognize the distinctions between the short-term and long-term effects of peacekeeping missions and to understand the ways in which the presence of peacekeepers shapes the incentives of warring sides to reach peace agreements.
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From Oxfam to Exxon, UNICEF to Unilever, CARE to Carrefour: What Lessons Can Development Aid Organizations Pass On to International Businesses about Succeeding in Emerging Markets?
By Peter Uvin and Bhaskar Chakravorti
International development agencies have been at work in emerging and frontier markets for decades. Multinational corporations (MNCs) have only in the last decade focused their activities in these areas in anticipation of greater eco- nomic growth there.
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Confronting Evolving Threats to US Homeland Security
An Interview with Janet Napolitano on international cybersecurity threats, the Department of Homeland Security, immigration, and privacy.
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US Foreign Policy, State-Building, and Humanitarianism in Africa
An Interview with John Prendergast on US foreign policy toward Africa.
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China and Pakistan: Fair-Weather Friends
By Michael Beckley
Two assumptions dominate current debates on US foreign policy toward Pakistan. First, Pakistan shares a robust “all- weather” friendship with China centered on core national interests. Second, Pakistan’s ability to turn to China in times of need insulates it from US pressure and renders hardline US policies counterproductive.
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Negotiating the Insurgency: The Case for Settling Afghanistan’s War and Securing “Negative” Peace
By Jeffrey M. Bernstein
This article evaluates the logic of negotiations in Afghanistan’s counterinsurgency environment and argues that reaching “negative” peace through negotiated settlement is in the best interest of all relevant stakeholders. Rather than being seen as alternatives, negotiating and war fighting must be viewed along a continuum.
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The Forgotten History of Afghanistan-Pakistan Relations
By Daveed Gartenstein-Ross and Tara Vassefi
Pakistan’s historical and contemporary support for jihadi groups has caused US policy prescriptions over the past decade to focus prominently on the need to change Pakistan’s strategic orientation. In this article, the authors explore one aspect of Pakistan’s strategic calculations that has received insufficient attention in public debate: the degree to which Afghanistan’s aggressions against Pakistan have helped to shape the latter’s support for religious militant groups.
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America’s Waning Military Edge
By Andrew Burt
Just days before the United States launched its first missiles into Libya, the Israeli navy confiscated a cache of Iranian-made missiles bound for the Gaza Strip. The Iranian precision-guided missiles, known as Nasr missiles or C-704s, are deadly to targets both on land and at sea. Revelations of such weapons’ dispersion are as striking as they are significant: Just as the technological edge that has come to define America’s military power was on full display in Libya, simultaneous events show that the US technological edge is eroding.
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The United States Must Engage Anew for Peace in Kosovo
By Drew Peterson
Though the US foreign policy agenda is robust, the Obama administration should intensify its commitment to peace in Kosovo by taking a fresh look at the protracted differences in the dispute.
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Assad’s Future and Syria’s Opposition Groups
By Majid Rafizadeh
There are more reasons to believe that Assad’s regime will survive the current wave of sanctions and uprisings than to expect that it will be ousted. Among these are the lack of cohesion and the disorganization which characterize opposition groups marching in the streets.
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Waiting to Be Somebody in Somaliland
By Jason Warner
With the July 2011 secession of South Sudan, and contemporary discussions of Palestinian statehood, observers rightly ask: is Somaliland next? Although it deserves independence as much as any of today’s attempted breakaway regions, a confluence of ill-conceived orientations from the United Nations (UN), the United States, and especially the African Union (AU) means that Somaliland’s wait to become an international “somebody” will not come to an end in the near future.
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Getting Copyright Right in the Trans-Pacific Partnership
By Taylor Washburn
Robust copyright protection can be achieved without reifying unstable doctrines in international trade deals, and without requiring our trade partners to accept unjustifiable copyright term extensions. A TPP that incorporates these principles should be favored over one that does not.
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Growing Out of Debt: A Conversation About the Global Economy
An Interview with Domingo Cavallo and Rakesh Mohan
Cavallo and Mohan discuss the financial crisis in the US and Europe.
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Political Will and Multilateral Cooperation in International Justice
An Interview with Richard Goldstone
Goldstone discusses the main challenges facing the International Criminal Court (ICC) and the International Human Rights Tribunal.
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Policymaking During Risk and Uncertainty: The Role of Special Operations
An interview with Michele Malvesti on policy concerns of counterterrorism (CT) actions and the role of Special Operations Forces (SOF) in ensuring national security.
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New Pentagon Budget Offers Smaller Wars, But More of Them
By Aroop Mukharji
Last month, Secretary of Defense Leon Panetta announced plans to slash the defense budget by hundreds of billions of dollars over the next decade, reducing the size of the army 14% by 2022.
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The One Percent Worth Defending
By Jessie Daniels
There’s another one percent coming under attack these days – the US foreign aid budget.
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