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351. Getting Serious about the Twin Deficits

Author:
Menzie D. Chinn
Publication Date:
09-2005
Content Type:
Working Paper
Institution:
Council on Foreign Relations
Abstract:
Twenty years ago, the United States was the world's largest creditor nation, unsurpassed in its ownership of assets outside of its borders, even after deducting what foreigners owned inside its borders. Yet over the past two decades, America has been transformed into the world's largest debtor nation. At the end of 2004, its debts to the rest of the world exceeded its assets by about $2.5 trillion—21 percent of its gross domestic product (GDP). This proportion is unmatched by any other major developed economy.
Topic:
Foreign Policy, Development, and Economics
Political Geography:
United States and America

352. In Support of Arab Democracy: Why and How

Publication Date:
06-2005
Content Type:
Working Paper
Institution:
Council on Foreign Relations
Abstract:
The Middle East will be a central focus of U.S. foreign policy for the next generation and beyond. While the list of challenges in the region is long, the Arab world also presents opportunities. In a region marked by a "democracy deficit" and limited economic prospects, there is also ferment. From Marrakesh to Cairo and Ramallah to Riyadh, Arabs are engaged in intense debate, self-reflection, and reassessment of their societies. Washington has a chance to help shape a more democratic Middle East. Whereas emphasis on stability was once the hallmark of U.S.-Middle East policy, democracy and freedom have become a priority. Indeed, U.S. policymakers concluded shortly after the September 11 attacks that the prevailing domestic political, economic, and social conditions within Arab countries were a serious national security concern.
Topic:
Democratization and Development
Political Geography:
United States, Middle East, and Arabia

353. Forgotten Intervention? What the United States Needs to Do in the Western Balkans

Author:
William L. Nash and Amelia Branczik
Publication Date:
06-2005
Content Type:
Working Paper
Institution:
Council on Foreign Relations
Abstract:
In 2002, the Center for Preventive Action published Balkans 2010, a Task Force report that laid out a vision for a stable, peaceful western Balkans (comprising Croatia, Serbia and Montenegro, Bosnia and Herzegovina, Macedonia, and Albania) and identified the requisite objectives and milestones to achieve that vision. Many of the report's recommendations remain valid today, particularly the need to strengthen democracy and the rule of law, dismantle politico-criminal syndicates, and promote economic reform and development.
Topic:
International Relations
Political Geography:
United States, Europe, Bosnia, Herzegovina, Eastern Europe, Serbia, Balkans, Macedonia, and Albania

354. Building a North American Community

Publication Date:
05-2005
Content Type:
Working Paper
Institution:
Council on Foreign Relations
Abstract:
The security and well-being of its citizens stand at the very pinnacle of any government's responsibilities. At the beginning of the twenty-first century, the futures of Canada, Mexico, and the United States are shared as never before. As a result, all three countries face a historic challenge: Do they continue on the path of cooperation in promoting more secure and more prosperous North American societies or do they pursue divergent and ultimately less secure and less prosperous courses? To ask the question is to answer it; and yet, if important decisions are not pursued and implemented, the three countries may well find themselves on divergent paths. Such a development would be a tragic mistake, one that can be readily avoided if they stay the course and pursue a series of deliberate and cooperative steps that will enhance both the security and prosperity of their citizens.
Topic:
Foreign Policy, Economics, and Regional Cooperation
Political Geography:
United States, Canada, North America, and Mexico

355. A New Beginning: Strategies for a More Fruitful Dialogue with the Muslim World

Author:
Craig Charney and Nicole Yakatan
Publication Date:
05-2005
Content Type:
Working Paper
Institution:
Council on Foreign Relations
Abstract:
Focus group research in Morocco, Egypt, and Indonesia has shown that it is possible to improve the image of the United States in the Muslim world. Although many Muslims are angry at what they perceive America does, the right efforts to communicate can produce significant shifts in attitudes. Such efforts would involve listening more, speaking in a humbler tone, and focusing on bilateral aid and partnership, while tolerating disagreement on controversial policy issues. Fortunately, a window of opportunity has opened with the Iraqi elections, renewed hope for Israeli-Palestinian peace, tsunami relief, and developments in Lebanon and Egypt, as well as the start of a new administration in Washington. This moment, marked by an easing of tensions and the arrival of new actors on both sides, offers the possibility of a new beginning in America's dialogue with the Muslim world.
Topic:
Conflict Resolution, Religion, and Terrorism
Political Geography:
United States, Washington, Indonesia, Israel, Palestine, Egypt, and Morocco

356. Creating a North American Community - Chairmen's Statement

Publication Date:
03-2005
Content Type:
Working Paper
Institution:
Council on Foreign Relations
Abstract:
When the leaders of Canada, Mexico, and the United States meet in Texas on March 23, they will be representing countries whose futures are shared as never before.U.S. trade with Mexico and Canada accounts for almost one-third of total U.S. trade. U.S. trade with its North American neighbors substantially exceeds its trade with the European Union, and with Japan and China combined. In the energy sector, Canada and Mexico are now the two largest exporters of oil to the United States. Canada alone supplies the United States with over 95 percent of its imported natural gas and 100 percent of its imported electricity. In 2005, the borders between Canada, Mexico, and the United States will be crossed almost 400 million times.
Topic:
International Relations, Government, and Regional Cooperation
Political Geography:
United States, Japan, China, Canada, North America, and Mexico

357. In the Wake of War: Improving U.S. Post-Conflict Capabilities

Author:
William L. Nash, Brent Scowcroft, and Samuel R. Berger
Publication Date:
09-2005
Content Type:
Working Paper
Institution:
Council on Foreign Relations
Abstract:
From Mogadishu to Mosul, the United States has undertaken six major nation-building operations around the world since 1993. The challenges of terrorism, failed states, and proliferation indicate this trend will only continue. Today, in Iraq, the United States carries the bulk of the nation-building burden. Some 135,000 U.S. troops remain on the ground, at an approximate cost of $50 billion per year. Nearly four years after forcing out the Taliban in Afghanistan, 9,000 NATO forces and 17,000 U.S. troops remain in that country to secure the peace and continue the hunt for al-Qaeda.
Topic:
Foreign Policy, Defense Policy, and International Security
Political Geography:
Afghanistan, United States, Iraq, and Taliban

358. Iran: Time for a New Approach

Author:
Robert M. Gates, Zbigniew Brzezinski, and Susan Maloney
Publication Date:
07-2004
Content Type:
Working Paper
Institution:
Council on Foreign Relations
Abstract:
Twenty-five years after its Islamic revolution, Iran represents a challenge and an opportunity for the United States. The issues at stake reflect the urgent and multifaceted dilemmas of U.S. security in the post–9/11 era: nuclear proliferation, state support of terrorism, the relationship between religion and politics, and the imperative of political and economic reform in the Middle East. At this time, as Iraq—Iran's neighbor and historic adversary—embarks on a difficult transition to post-conflict sovereignty, and as the International Atomic Energy Agency (IAEA) extends its scrutiny of Iranian nuclear activities, Iran looms large on the U.S. policy agenda. Recognizing this relevance to vital U.S. interests, the Task Force advocates selectively engaging with Iran to address critical U.S. concerns.
Topic:
Security, Foreign Policy, and Politics
Political Geography:
United States, Iraq, Iran, and Middle East

359. Update on the Global Campaign Against Terrorist Financing

Author:
Marice R. Greenberg, Mallory Factor, William F. Wechsler, and Lee S. Wolosky
Publication Date:
06-2004
Content Type:
Working Paper
Institution:
Council on Foreign Relations
Abstract:
In October 2002, this Task Force issued its initial report on terrorist financing. That report described the nature of the al-Qaeda financial network, the actions that had been taken to date to combat terrorist financing, and the obstacles that hindered those efforts.
Topic:
Terrorism and War
Political Geography:
United States and Middle East

360. Freedom, Prosperity, and Security

Author:
J. Brian Atwood, Robert S. Browne, and Princeton N. Lyman
Publication Date:
05-2004
Content Type:
Working Paper
Institution:
Council on Foreign Relations
Abstract:
The United States will host the G8 Summit at Sea Island, Georgia, in June 2004. Many urgent and critical international issues need to be discussed at the summit, especially developments in the Middle East and in the worldwide war on terrorism. It will be important, however, that the summit also maintain the momentum of the past three years in the G8-Africa partnership. This will reinforce the work of African leaders who are championing democracy, human rights, and good governance. Africa, moreover, figures prominently in the three global issues the United States has selected for the summit: freedom, security, and prosperity.
Topic:
Security and Treaties and Agreements
Political Geography:
Africa, United States, Middle East, Georgia, and Island