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"The mood of the American electorate radiates anxiety, mistrust, pessimism and an implacable determination to change the way things are done in Washington". This, and the end of the Cold War, are "likely to effect a major transformation of American foreign policy", in terms of shift from geopolitics towards a definition of the national economic interest and an enhancement of US industrial competitiveness. This is not simply a reaction to the recession, but a more basic lack of confidence in US economic management.
Overview of 'new agenda' possibilities in a "world of both unmatched opportunity and unprecedented opacity".
Overview of the Cold War era, assessing its phases, US-Soviet strategies and tactics, and opportunities missed by both sides. The West faces the collapse not merely of Soviet power, but of "the great Russian empire, which laster for more than three hundred years". The West's objectives should now be to encourage the emergence of a "truly post-imperial Russia" and the "stable consolidation of the newly-independent non-Russian states".
"The historical nature and development of Finnish-Russian relations... should tell us not only some things about Finland but also some seldom-recognized things about Russian foreign policy under Stalin".
Socio-political conditions in the former communist bloc do not favour the development of that tolerant political culture which is essential to democracy and economic progress.
Asserts that various 'myths' as to the character of the conflict in the former Yugoslavia have been used by the West to justify avoidance of intervention. Explains the situation in order to correct these misunderstandings, and asserts that there is "very little chance of the war winding down without external international involvement". Concludes with the assertion that the employment of countervailing force against Serbian aggression, under the aegis of the UN, would be a lesser evil for European security than continued inaction, which would "set a dangerous precedent".
The Gulf War has affected regional political consciousness and undermined traditional percpetions, e.g. of pan-Arab unity and of the effectiveness of oil as a weapon. Its chief impact will be to force the countries of the Middle East into realizing that they must start to define their own security interests
The stopping of nuclear proliferation should be a prime US foreign policy objective. Suggests various measures, including enhanced intelligence-gathering and more stringent export controls.
Now that the Cold War is over, the USA should stop conceding trade favours (access to the US market) in return for foreign policy favours. The security environment is henceforward likely to be one in which trade policy issues are paramount.
Retrospective on FA's 70th anniversary, reviews its main stances and concerns over seven decades as America's premier foreign policy journal.