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January 1, 1996

Economic Crises
Lessons of the Mexican Peso Crisis

What the United States and the international community have done for Mexico is unique. No other country, with the exception of Canada, could muster such support from the U.S.government. The Mexican p…

July 1, 1998

Capital Flows
Capital Flows and the International Financial Architecture

Overview This paper addresses the questions that arose out of the Asian financial crisis of 1997-1998, specifically whether or not financial liberality is inherently beneficial. Several notable sc…

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March 4, 1999

China
What Does the Future Hold for China and the World?

March 2, 1999— Ensuring that 21st century China will be a stabilizing force for global economics, peace, and security is one of the central goals that today’s American policymakers confront. And with…

March 26, 1999

Afghanistan
Testimony on the Situation in Afghanistan Before the United States Senate Committee on Foreign Relations

Recent Events and Political Actors in AfghanistanFor policy recommendations, see text of oral testimony1. INTRODUCTION: SUMMARY OVERVIEW1On August 8, 1998, the Taliban (Islamic student) movement of A…