Economics & Global Affairs

Stephen Walt argues for a return to a realism-based U.S. grand strategy.

Stephen Walt discusses Donald Trump's genuine insights about America's international problems. He then analyzes what went wrong.

In many Western democracies, this is a year of revolt against elites. The success of the Brexit campaign in Britain, Donald Trump’s unexpected capture of the Republican Party in the United States, and populist parties’ success in Germany and elsewhere strike many as heralding the end of an era. As Financial Times columnist Philip Stephens put it, “the present global order – the liberal rules-based system established in 1945 and expanded after the end of the Cold War – is under unprecedented strain. Globalization is in retreat.”

In fact, it may be premature to draw such broad conclusions.

Some economists attribute the current surge of populism to the “hyper-globalization” of the 1990s, with liberalization of international financial flows and the creation of the World Trade Organization – and particularly China’s WTO accession in 2001 – receiving the most attention. According to one study, Chinese imports eliminated nearly one million US manufacturing jobs from 1999 to 2011; including suppliers and related industries brings the losses to 2.4 million.

In the global revulsion at the recent terror attacks in four Muslim countries, the United States and its allies have a new opportunity to build a unified command against the Islamic State and other extremists. FDP Senior Fellow David Ignatius examines the diplomatic relationships needed to create an effective counterterrorism strategy.

The tensions unsettling the Saudi royal family became clear in September, when Joseph Westphal, the U.S. ambassador to Riyadh, flew to Jiddah to meet Crown Prince Mohammed bin Nayef, nominally the heir to the throne. But when he arrived, he was told that the deputy crown prince, a brash 30-year-old named Mohammed bin Salman, wanted to see him urgently. Senior Fellow, David Ignatius, discusses Mohammed bin Salman opportunity to transform Saudi Arabia.

"The most obvious example of magical thinking in contemporary policy discourse, of course, is the myth of a 'better deal' with Iran. Despite abundant evidence to the contrary, opponents of the JCPOA keep insisting additional sanctions, more threats to use force, another round of Stuxnet, or if necessary, dropping a few bombs, would have convinced Iran to run up the white flag and give the United States everything it ever demanded for the past 15 years."

Audio recordings from MEI's Spring 2015 Study Group Rethinking the Arab State: the Collapse of Legitimacy in Arab Politics, with Professor Michael C. Hudson.

During the Spring 2015 semester, Prof. Hudson hosted a distinguished group of scholars to re-examine the foundational concepts of legitimacy, the state, civil society, religion, and regional stability in the wake of the Arab Uprisings.

An audio recording from His Royal Highness Prince Turki Al Faisal of the Kingdom of Saudi Arabia, former Saudi Arabian Ambassador to the United States (2005-2007) and former Director General of Saudi Arabia's General Intelligence Directorate (1977-2001).

On November 18, 2014 Prince Turki spoke on regional instability and forces at work in the region, including power politics, energy markets, violent extremism, and theological divides, in a public address moderated by Kennedy School professor Nicholas Burns.