The reverberations from the Asian financial crisis of 1997-98 enmeshed the International Monetary Fund (IMF) in a major legitimacy crisis over its recently assumed mission to promote free capital mobility around the globe.
The radical Islamist message falls on fertile ground.
Just when it looked the Central Asian countries were facing the growing joint political hegemony of Russia and China in the region, the events of September 11 opened the door to an increased and indefinite-term U.S. military presence.
In the aftermath of the September 11 tragedies, arms production and sales worldwide will likely continue their upward trajectory--encouraged by national policies and supported by multilateral economic institutions.
Since September 11, the United Nations has gained a rare prominence in Washington's calculations.
The costs of fixing America's nuclear vulnerabilities may be high, but the price of doing too little may prove far greater.
Operation Enduring Freedom
Some new policies resemble extremism more than the values our country was founded upon.
Instead of taking the opportunity for dialogue, rich countries have offered little or nothing to address the concerns of African and other developing countries.
Afghanistan's complex and violent tribal and ethnic politics has swallowed up great powers before. It remains to be seen whether the United States will become the next victim.