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The crisis in Ukraine has pushed Moscow and the West into a new Cold War. For both sides, the top priority must now be to contain the conflict, ensuring that it ends up being as short and as shallow as possible.
The geopolitical rivalry between China and the United States in Asia is heating up. As it does so, both Washington and Beijing need to avoid increasing tensions further than necessary -- which means taking care to dispel false fears and make threats credible.
Machines are substituting for more types of human labor than ever before. This means that the real winners of the future will be neither the providers of cheap labor nor the owners of ordinary capital, but rather those who can innovate and create new products, services, and business models.
In today’s dollar-dominated financial system, changes in U.S. monetary policy can have immediate and significant global effects, wrecking economies and toppling regimes. As a result, for many countries monetary sovereignty is nothing but a dream.
In Indonesia, although locally elected politicians may be delivering things that people want in their own backyards, they are not, collectively, meeting the nation’s needs.
Contrary to popular belief, the reunification of North Korea and South Korea would not spell disaster for South Korea, nor would it pose an unacceptable risk for the United States, China, and Japan. Rather, it would produce massive economic and social benefits for the peninsula and the region.
U.S. tactical nuclear weapons in Europe had little military value during the Cold War and they have even less today. Instead of giving these aging weapons a costly upgrade, Washington should begin phasing them out.
Western countries became powerful thanks in part to three (and a half) revolutions in government that leveraged the power of technology and the force of ideas. Now, a fourth revolution has begun -- but it isn’t clear yet which countries will shape it and whether they will draw from liberal democracy or authoritarianism.
Asia is going to command ever more attention and resources from the United States, thanks to the region’s growing prosperity and influence and the enormous challenges the region poses. The Obama administration’s pivot or rebalancing makes sense; the challenge now is giving it proper form, substance, and resources.
Russia’s annexation of Crimea is Moscow’s latest attempt to maintain influence in a post-Soviet state by creating a so-called frozen conflict, in which a splinter territory remains under Russian protection and beyond the control of the central government. But history suggests Russia’s move will backfire and push the rest of Ukraine west.