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With the touchstone of containment gone, having left a 'conceptual vacuum', US foreign policy should re-align itself on two principles (1) preserving US economic effectiveness and independence in the global market-place (2) the peaceful enhancement of democracy around the world.
Gorbachev has done his mould-breaking job, and has changed the agenda of Soviet domestic and foreign policy irreversibly. While his political survival would be preferable for the West, there is no longer any need to predicate US interests upon it.
Develops the notion of a new 'triangular' diplomacy involving the post-Cold War economic superpowers -- USA, FRG and Japan -- and explores the diplomatic adjustments which the USA should be prepared to make to accommodate its new strategic partners.
Analyzes (1) how Japan's security interests ought now to be defined outwards, in consequence of the changes in the USSR (2) the need for a 'global security dimension' in which Japan's long-range economic power can be expressed (3) how Japan can contribute to global nuclear security by supporting a strategic defensive order.
Explains (1) the post-Cold War advent of a world security regime in which "the Big Three of economics" (USA, Europe, Japan) "supplant the Big Two of nuclear competition" (2) the economic bloc rivalries that this must inevitably bring with it, and the sorts of instability that might ensue. Suggests various internal reforms and external initiatives which might serve to reduce these.
Speculates on the continuance of Castro's rule, deprived of Soviet support.
Asserts that the Arab-Israeli dispute has dropped well down the list of priority concerns for most of the Arab world. Sets out the other and more important issues, the possibility of US contribution to which has brought the Arab-Israeli peace process towards "the most promising point in history".
In the post-Cold War world of uncertainty, intelligence is more important than ever, and Congress must not succumb to pressures to reduce the US intelligence budget.