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As Belarus faces increased isolation and potential economic collapse, it is time for the international community to come together and seek a least bad outcome for the short term, while laying the foundation for long-term positive change.
Regardless of how the situation evolves, Syria will not revert to its previous status quo, and any new order will have to take into account the new Arab demands for more accountable and democratic governments, freer societies, and more equitable socio-economic policies.
The dramatic increase in official foreign exchange reserves in developing countries has prompted accusations of protectionism, but developed countries are equally to blame for the recent increase.
Turkey’s June elections will represent a critical turning point in the country’s evolution, as their results shape Prime Minister Erdogan’s attempts to transform Turkey from a parliamentary to presidential government through a new constitution.
By relying on low-interest loans to catalyze economic growth, China’s growth model resembles that of a huge development bank. While this approach has been successful so far, it remains to be seen whether it can be sustained.
Osama bin Laden’s death will not immediately deal a fatal blow to Islamic extremism, but it could potentially help to improve the situation in Afghanistan.
Twenty years after Russia cast off its Soviet economic model, its central bank is still struggling to keep inflation under control. To moderate price increases, the central bank must clarify its approach to monetary policy.
While China’s new aircraft carrier does not pose a major threat to U.S. forces or allies in the Western Pacific, the United States needs to take steps to communicate this message of reassurance to countries in the region.
Although movement is being made toward the resumption of six-party talks with North Korea, persistent disagreements will likely prevent any meaningful progress toward the denuclearization of the Korean Peninsula.
The most likely reason that Russians have not risen up in a revolution like the people in Egypt is not the Kremlin’s tight grip on power, but rather the fact that there is no widespread popular demand for democracy in Russia.
Europe, as Egypt’s most important creditor and trading partner, can play a unique role in supporting Egypt’s transition to democracy and guiding it onto a sound economic path.
Though global food prices have now passed the record highs reached in 2008, important differences between the two surges have prevented today’s crisis from having as severe of an impact on the world’s most vulnerable populations.
The transformation of America's cars—and trucks—presents a unique opportunity to cut oil use and mitigate climate change without requiring economy-wide action, at least not in the near term.
As emerging economies increase in size, a multi-currency arrangement will likely replace the dollar as the bedrock of the international monetary system. For both the United States and the rest of the world, this is not necessarily bad news.
The constitutional declaration put forward by the Supreme Council of Armed Forces in Egypt is a complicated and problematic document that does not resolve the fundamental issues facing the transition process.
While markets seem calm for now, the failure of the EU's recent summit, combined with Portugal’s recent request for aid and other political setbacks, leaves the euro area vulnerable to a relapse of crisis.
While viewed from afar, the Arab world may appear at present to be a zone of strife, even in these turbulent times, Saudi Arabia and the region can be seen to present many more opportunities for transnational cooperation than they do for conflict.
Protest in Bahrain is not simply a domestic struggle for political rights and liberal reform; it is also a sectarian conflict between a Sunni monarchy in a majority-Shia country that is rapidly becoming part of a growing conflict between Saudi Arabia and the United States.
The ongoing nuclear crisis in Japan is expected to have a profound psychological impact on decision makers and ordinary citizens in China, where the world’s most ambitious nuclear construction is scheduled to unfold in the coming decade.
The need to address pressing near-term challenges, such as inflation, may not conflict with China’s medium-term rebalancing goals. Even though the policy outlook is uncertain, several long-term dynamics make rebalancing likely.