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October 20, 2008 |
How to Talk With Iran
Iran continues to be a critical national security challenge for the United States despite decades of effort to change Tehran’s behavior by isolating the country politically and economically. In a new policy brief, Karim Sadjadpour explains that the relevant question is not whether to talk with Iran but how. He prioritizes U.S. engagement with Iran on six critical issues: Iraq, Afghanistan, nuclear proliferation, the Arab–Israeli conflict, energy, and terrorism. | MORE >
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Also in this issue...
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Are New Nuclear Bargains Attainable?
The next U.S. administration will need a better understanding of the views of non-nuclear-weapon states to help rebuild the dangerously damaged nonproliferation regime. Deepti Choubey offers a step-by-step approach for engaging states without weapons and explains how those states can maximize their own agenda by responding to positive signals from the United States. | MORE >
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 The financial interdependence that sovereign wealth funds (SWFs) created between the West and the Arab world could help stabilize multilateral relations and promote economic development and political stability in the Middle East. In a new Carnegie Paper, Sven Behrendt studies the rise of Arab SWFs, assesses their investment strategy, and evaluates the policies of Arab investors and Western nations.
 Turkey’s increased engagement in the Middle East reflects its desire to become a self-confident regional superpower. Ömer Taspinar explains that unless Turkey learns to balance its competing priorities to project power outward while protecting its secular, nationalist identity, the country will witness an increase in ultra-nationalism and isolationism.
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 As globalization spread dramatically over the last twenty years, migration expanded less rapidly than either trade or foreign investment. Yet migration remains contentious, often being blamed for income stagnation, even as some economists praise it as the fastest route to raising world incomes. Robert Lucas finds that the net impact of migration is positive for the migrants and high-income countries, and more gains are feasible. At the same time, he finds more ambiguous effects on developing countries, which may suffer from growing brain-drain.
 Recent financial and food price crises have forced policymakers to question conventional thinking on how agricultural markets work, why they sometimes fail, and what role governments should play when they do. To answer some of those questions, Carnegie and the Heinrich Boll Foundation co-hosted a panel of experts to discuss sustainable agriculture policies.
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 U.S. and Iraqi officials continue to negotiate an agreement on reducing the presence of American troops beyond this year. Henri Barkey warns in The Washington Times that the proposed withdrawal plan contains no political strategy to contend with Iran and Syria's capability and willingness to undermine Iraqi stability. The United States must reach out to its allies in the region to form a united front with which to engage the Iranians and Syrians.
 With markets reeling from the global financial crisis, a new era of tighter economic regulations around the world is likely. David Rothkopf explains that we are witnessing the “most profound global ideological watershed since the fall of Soviet communism,” while Albert Keidel warns that the real crisis is the potential for a Keynesian downward spiral in which declining consumption and declining investment reinforce each other. Carnegie experts offer analysis on how the crisis will affect U.S. standing in the world, and what it can do to contain the economic damage. |
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Arab Sovereign Wealth