Does the current financial crisis resemble Japan's "lost decade" of the 1990s? It may be even worse, argues Robert Madsen. Not so, replies Richard Katz.
U.S. officials and national security experts chronically exaggerate foreign threats, suggesting that the world is scarier and more dangerous than ever. But that is just not true. From the U.S. perspective, at least, the world today is remarkably secure, and Washington needs a foreign policy that reflects that reality.
To meet the range of challenges facing the United States and the world, Washington will have to strengthen and amplify its civilian power abroad. Diplomacy and development must work in tandem, offering countries the support to craft their own solutions.
