The immediate response of President Bush and his administration to the September 11, 2001 terrorist attacks against the United States was superb, both purposeful and principled  a military, political, and diplomatic success. But what comes next? In his State of the Union address, Bush suggested specific targets of future phases of the war  the axis of evil of Iraq, Iran, and North Korea. But what has been missing in the discussion of the second stage (and perhaps the third, fourth, and fifth stages) of the war on terrorism is an articulation of the general principles that will guide policy in difficult times ahead. The new threat to American national security and the American way of life is no less threatening than such earlier challenges as the defeat of fascism in Europe and imperialism in Japan during World War II, or the containment and ultimate destruction of world communism during the Cold War. A grand vision of the purposes of American power is needed not only to shape strategy, but also to sustain support from the American people and Americas allies.

This timely study is the first to examine the relationship between competition for energy resources and the propensity for conflict in the Caspian region. Taking the discussion well beyond issues of pipeline politics and the significance of Caspian oil and gas to the global market, the book offers significant new findings concerning the impact of energy wealth on the political life and economies of Azerbaijan, Kazakhstan, and Turkmenistan. The contributors, a leading group of scholars and policymakers, explore the differing interests of ruling elites, the political opposition, and minority ethnic and religious groups region-wide.

Placing Caspian development in the broader international relations context, the book assesses the ways in which Russia, China, Iran, and Turkey are fighting to protect their interests in the newly independent states and how competition for production contracts and pipeline routes influences regional security. Specific chapters also link regional issues to central questions of international politics and to theoretical debates over the role of energy wealth in political and economic development worldwide. Woven throughout the implications for U.S. policy, giving the book wide appeal to policymakers, corporate executives, energy analysts, and scholars alike.

The next time Bill Clinton and Boris Yeltsin meet at a U.S.-Russian summit,

three kinds of issues will dominate their agenda's arms control, regional conflicts,

and human rights. In fact, these three issues may dominate the agenda of

future U.S.-Russian summits for a long time. Regarding arms control, the Russian

ratification of START II stands as one of the major stumbling points in U.S.-

Russia relations. The two presidents probably will not meet again until this agreement

has been ratified by the Russian parliament. Regarding regional conflicts,

the American and Russian governments have radically divergent positions concerning

trade with Iran. For several years, the United States has objected to the

Russian-assisted construction of nuclear reactors in Iran, yet the Russian Ministry

of Atomic Energy continues with the project. Regarding human rights,

American officials have quite rightly expressed their outrage concerning the passage

of a new draconian law on religion that restricts the freedom of worship of

most "nontraditional" Russian faiths. In reaction to this law, the U.S. Senate has

threatened to end all aid to Russia.

The Paradox of Plenty explains why, in the midst of two massive oil booms in the 1970s, oil-exporting governments as different as Venezuela, Iran, Nigeria, Algeria, and Indonesia chose common development paths and suffered similarly disappointing outcomes. Meticulously documented and theoretically innovative, this book illuminates the manifold factors--economic, political, and social--that determine the nature of the oil state, from the coherence of public bureaucracies, to the degree of centralization, to patterns of policy-making.

Karl contends that oil countries, while seemingly disparate, are characterized by similar social classes and patterns of collective action. In these countries, dependence on petroleum leads to disproportionate fiscal reliance on petrodollars and public spending, at the expense of statecraft. Oil booms, which create the illusion of prosperity and development, actually destabilize regimes by reinforcing oil-based interests and further weakening state capacity.

Karl's incisive investigation unites structural and choice-based approaches by illuminating how decisions of policymakers are embedded in institutions interacting with domestic and international markets. This approach--which Karl dubs "structured contingency"--uses a state's leading sector as the starting point for identifying a range of decision-making choices, and ends by examining the dynamics of the state itself.