Foreign Affairs

 

Foreign Affairs

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China's Pakistan Conundrum

Author: Evan A. Feigenbaum

Evan A. Feigenbaum argues that China will not simply bail out Pakistan with loans, investment, and aid, as those watching the deterioration of U.S.-Pakistani relations seem to expect. Rather, China will pursue profits, security, and geopolitical advantage regardless of Islamabad's preferences.

See more in China; Pakistan

The Death of the Qaddafi Generation

Author: Mohamad Bazzi

Mohamad Bazzi says that unfortunately for him and for Libya, Muammar al-Qaddafi betrayed his own revolution, just as the other Arab strongmen of his generation had. His death marks the end of the rule of these old-style nationalist leaders.

See more in Libya; Political Movements and Protests

The Unraveling

Author: Richard N. Haass

With U.S. hegemony waning and no successor waiting to pick up the baton, the current international system will likely give way to a larger number of power centers acting with increasing autonomy. The post–Cold War order is unraveling, and it will be missed.

See more in Global; United States; Global Future Trends

Vindicating Volatility

Authors: Michael A. Levi and Robert McNally

While oil prices over the last three years were the smoothest in decades, volatility is back and here to stay argue Michael Levi and Robert McNally. Levi and McNally explain how price fluctuations, rather than high prices, endanger global economic growth.

See more in Global; Oil

Chinaís Imperial President

Author: Elizabeth C. Economy

Xi Jinping's reforms are designed to produce a corruption-free, politically cohesive, and economically powerful one-party state with global reach: a Singapore on steroids. But there is no guarantee the reforms will be as transformative as the Chinese leader hopes, says Elizabeth Economy.

See more in China; Presidents and Chiefs of State

Taper Trouble

Author: Benn Steil

Benn Steil's essay in the July/August issue of Foreign Affairs looks at the international consequences of U.S. monetary policy action. He argues that developing-nation governments are coming to see the need for engineering current-account surpluses and large dollar-reserve stockpiles as a means of insulating themselves against Fed-induced capital-flow whiplash. As this amounts to "currency manipulation" in the eyes of U.S. policymakers, trade tensions are apt to grow.

See more in Ukraine; United States; Monetary Policy; International Finance

What Really Happened in Iran

Author: Ray Takeyh

Back in 2009, during his heavily promoted Cairo speech on American relations with the Muslim world, U.S. President Barack Obama noted, in passing, that "in the middle of the Cold War, the United States played a role in the overthrow of a democratically elected Iranian government."

See more in Iran; Regime Changes

What Really Happened in Congo

Author: Stephen R. Weissman

It didn't take long for Congo's transition from Belgian colony to sovereign state to turn ugly. Both the Soviet Union and the United States were keeping a close eye on the mineral-rich country at the heart of Africa when, on June 30, 1960, it gained independence under a democratically elected government headed by Prime Minister Patrice Lumumba.

See more in Congo, Republic of; Regime Changes

What Really Happened in Chile

Author: Jack Devine

On September 9, 1973, I was eating lunch at Da Carla, an Italian restaurant in Santiago, Chile, when a colleague joined my table and whispered in my ear: "Call home immediately; it's urgent." At the time, I was serving as a clandestine CIA officer.

See more in Chile; Regime Changes