Publication Year: 1999
Published by: National Bureau of Asian Research
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The explosive growth of sovereign wealth funds (SWF)—together with the increase in resources available to other government-linked investors such as central banks, public pension funds, and state-owned enterprises in recent years—has spurred intense discussions about the implications for the international financial system. The debate over SWF investments in particular has likely been fueled, at least in part, by a growing ...
China Investment Corporation: Threat or Opportunity?
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This study examines the establishment, management, and investment decisions to date of China Investment Corporation (CIC), analyzes potential causes of concern, and identifies opportunities for engagement. Main Findings: • The need to generate higher returns was instrumental in CIC’s establishment and was ...
Introduction:Eastern Promises—Russian Energy for Asia
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Russia’s reemergence as a major power in the international system has prompted renewed attention to developments in the country as well as to Moscow’s foreign policy actions and goals. Because oil and natural gas resources drive much of Russia’s growing power, the Kremlin’s domestic and foreign energy policies have been of particular interest to U.S. policymakers and observers of the country. ...
Russia’s Strategic Vision and the Role of Energy
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This article assesses Russia’s strategic vision, or lack thereof, and the role that energy plays within that vision. Main Findings: Were current Russian foreign policy guided by a strategic vision, assessing the role of energy in it would be easier and more straightforward, but such is missing. Three paradoxes help to explain the absence: • Russia’s restored self-confidence and accompanying assertiveness mask very real ...
Energy Policymaking in Russia: From Putin to Medvedev
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This article analyzes Russia’s energy policy under President Vladimir Putin—outlining the decisionmaking groups and their impact on the long-term and short-term energy strategy—and uses this analysis to give light to the energy policy decisionmaking process under his successor, Dmitry Medvedev. Main Argument: Putin’s success in seizing control of Russia’s political apparatus lies is a result of his ability ...
Introduction: Emerging Trends and Developmentsin Pakistan’s FATA—Implications for the United States
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This introduction provides an overview of the challenges facing Pakistan’s counter-insurgency operations and development initiatives in the Federally Administered Tribal Areas (FATA) and draws implications for the U.S. Main Argument: Pakistan’s progress against the militants in the FATA—whether defined in military or developmental terms—requires changes in the country’s framework for comprehending the ...
Challenges Facing Development in Pakistan’s FATA
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This paper outlines the challenges and opportunities facing the Pakistan government in its fight against militancy in the Federally Administered Tribal Areas (FATA). Main Argument: • Militancy in the FATA is a by-product of the perception that Afghanistan is under foreign occupation and that Pakistan is acting as a “front line” state in support of the U.S. and NATO forces. • Although there has been a general decline in popular support for the FATA’s militant ...
Challenges Facing a Counter-Militant Campaign in Pakistan’s FATA
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This paper outlines the challenges and opportunities facing the Pakistan government in its fight against militancy in the Federally Administered Tribal Areas (FATA). Main Argument: • Militancy in the FATA is a by-product of the perception that Afghanistan is under foreign occupation and that Pakistan is acting as a “front line” state in support of the U.S. and ...
Introduction: Islamism and U.S. Policy inSouth and Southeast Asia
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This introduction provides an overview of Islamism in South and Southeast Asia and draws implications for U.S. policy. Main Findings: • Although post–September 11 both South and Southeast Asia have witnessed an upsurge in radical Islamist activity, in both regions terrorist violence targeting Muslims has galvanized ...
South Asia: Hotbed of Islamic Terrorism
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This paper explores the rising menace of Islamic extremism in South Asia while discussing key terrorist groups and networks and emerging terrorism trends. Main Findings: • Islamic terrorism appears to be on the rise in the region since September 11, with a new generation of terrorist leaders taking the reins of jihad. • Terrorist groups are increasingly preferring to work collectively, even when there is little ...
The Fluid Terrain of Islamism in Southeast Asia
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This essay identifies and analyzes broad political trends emerging in Muslim Southeast Asia in recent years. Main Argument: The terrain of Islamist politics in Southeast Asia is dynamic in terms of its actors and activism. Muslim communities in Southeast Asia have been caught up in a global resurgence of Islamic identity that is increasing religiosity at an individual level. Consequently, Islam has ...
Achieve Counter-insurgency Cooperation in Afghanistan by Resolving the Indo-Pakistani Rivalry
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This essay examines post–September 11 Afghanistan-Pakistan relations in the context of the ongoing militant threat faced by each country. Main Argument The outlook for improved Afghanistan-Pakistan relations, particularly in terms of dealing with the counter-insurgency, is not good. Both the Afghan and Pakistani states are not capable of engaging in effective counter-insurgency in the Pashtun areas, let alone of coordinating ...
Afghanistan and Pakistan: Difficult Neighbors
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This essay examines the difficulties that Afghanistan and Pakistan face in structuring a stable relationship based on trust, cooperation, and mutual interest. Main Argument Afghanistan and Pakistan have yet to overcome the difficulties of the past and shape a new strategic relationship to meet the challenges of the Taliban and al Qaeda. Pakistan has a great stake in a stable and peaceful Afghanistan but faces problems in convincing post-Taliban...
Page Count: 160
Publication Year: 1999