Shannon K. O’Neil offers a powerful case for why regionalization, not globalization, has been the biggest economic trend of the last forty years.

Read an excerpt of Financial Statecraft. As trade flows expanded and trade agreements proliferated after World War II, governments—most notably the United States—came increasingly to use their pow…

Read an excerpt of Support Any Friend. In his timely, perceptive, and elegantly written book, Senior Fellow Warren Bass offers striking new insights into the origins of today's Middle East. He ill…