Since the disintegration of the Soviet Union, questions have arisen as to which course the United States should sail in the new international order. In this volume, some of the nation's foremost foreign policy experts present carefully crafted and bold perspectives of what America's global role should be. All contributors, leading authorities in the fields of economics, history, international relations, and political science, offer alternative viewpoints. These sharply drawn approaches permit the general reader and scholar alike to glean an understanding of the main schools of thought about American foreign policy today.

They are written in accessible prose without esoteric language or scholarly jargon. The past decade witnessed a transition from an era of bipolar confrontation with the Soviet Union to a new and still-emerging epoch. Although American economic, military, and diplomatic influence stood unrivaled in the past decade, the future looks much less predictable. The unique insights represented in this volume will help inform the reader about possible courses America can navigate in uncharted seas. Rogue states, humanitarian interventions, terrorism, major and middle powers, international organizations, global trade agreements, and other political and economic developments are analyzed in the context of the policies recommended in this volume. The perspective spans the spectrum from global activism to antiglobalization.

The March 2000 presidential election was an important milestone in the democratic development of Taiwan, with the Kuomintang turned out of power after five decades of control and replaced by the Democratic Progressive Party.

This book address the effects that Taiwan's democratic development and the March 2000 election will have on policy in the region. In addition to analyzing trends and changes in Taiwan's politics and the outcome of the March 2000 election, the chapters also discuss the international implications of Taiwan's democratic evolution for a variety of issues, including political, economic and security relations on both sides of the Taiwan strait; Japan's foreign policy in the region; U.S. foreign policy in the region; and peace and security in Southeast Asia. The challenges and prospects for continued democratic consolidation and the implications and lessons for the PRC and Southeast Asia are also explored.

Over the several hundred years during which the rules of sovereignty including non-intervention and the exclusion of external authority have been widely understood, state control could never be taken for granted. States could never isolate themselves from the external environment. Globalization and intrusive international norms are old, not new, phenomena. Some aspects of the contemporary environment are uniquethe number of transnational nongovernmental organizations has grown dramatically, international organizations are more prominent; cyber crime could not exist without cyber space. These developments challenge state control. A loss of control can precipitate a crisis of authority, but even a crisis of authority is only a necessary but not a sufficient condition for developing new authority structures. New rules could emerge in an evolutionary way as a result of trial and error by rational but myopic actors. But these arrangements, for instance international policing, are likely to coexist with rather than to supplant conventional sovereign structures. Sovereigntys resilience is, if nothing else, a reflection of its tolerance for alternatives.

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Stock market liberalizations lead private investment booms. In a sample of 11 developing countries that liberalized their stock markets, 9 experience growth rates of private investment above their non-liberalization median in the first year after liberalizing. In the second and third years after liberalization, this number is 10 of 11 and 8 of 11, respectively. The mean growth rate of private investment in the three years immediately following stock market liberalization exceeds the sample mean by 22 percentage points. The evidence stands in sharp contrast to recent work that suggests capital account liberalization has no effect on investment.

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The war in the Democratic Republic of the Congo (DRC), which began in August 1998, is unprecedented-at times involving armies from eight African states. Soldiers from Chad are fighting alongside regiments from Namibia, Angola, and Zimbabwe in defense of President Laurent Kabila. And on offense, the two main rebel groups, the Congolese Assembly for Democracy (which is known by the acronym RCD) and the Movement for the Liberation of Congo (MLC), are backed by troops from Uganda and Rwanda. As Susan E. Rice, assistant secretary of state for African affairs, warned the House International Relations Committee in September 1998, "The fighting threatens regional stability, hampers economic progress, endangers the lives of millions of people, perpetuates human rights abuses, and impedes the democratic transformation of Africa's third-largest country." This war, Rice said, is potentially "among the most dangerous conflicts on the globe."

Yet, the war in Congo goes on almost unnoticed outside of Africa. While African heads of state spent much of the last year shuttling across the continent, wrestling with the crisis and searching for a peaceful solution, Congo has been largely missing from the agendas of the Western powers and multilateral organizations. Only in January, when the U.S. representative to the United Nations, Richard Holbrooke, taking advantage of his tenure as Security Council president to draw attention to Africa, did the war enter Western consciousness.

The conflict in the DRC is the first interstate war in sub-Saharan Africa since Uganda invaded Tanzania in 1978, and only the third since 1960. Although Africa is seen as a hotbed of violence and warfare, most conflicts have been intrastate in nature. Norms of sovereignty reinforced by clauses in the charter of the Organization of African Unity (OAU) and the constitutions of the various subregional organizations have effectively prevented cross-border conflict from the time of independence until now. The Ugandan and Rwandan-led invasion of Congo, as well as the presence there of the Southern African Development Community (SADC) intervention force, therefore represents a watershed in the recent history of African conflict. It appears that the forces preventing cross-border conflict since 1960 have become seriously weakened.

What are the implications of the rise of interstate war in Africa for peace and security on the continent? Why have Western powers been so reluctant to take an active role in resolving Africa's first "world war"? And what impact will the changing nature of warfare in Africa have on U.S. policy and the role of the United Nations there?

Russian democracy and American national security are intimately intertwined. This link is not new, but it is not well understood. When the cold war ended and Soviet communism disappeared, American national security was enhanced. If dictatorship returns to Russia, the United States and its allies will once again be threatened. Containment would likely be adopted as the guiding principle of American foreign policy. The United States could find itself in an arms race with Russia. We argue here that the connection of Russian politics and U.S. security needs to be clearer in the minds of U.S. decision makers. Failure to recognize and respond to this link will have consequences for U.S. security interests.

The world polity and cultural system are relatively stateless, but they legitimate strong nation-state identities as the dominant actors. This produces very strong tendencies for the adoption of common models of modernity, despite extraordinary differences in resources and local culture. Local distinctiveness is also legitimated, so long as it is not inconsistent with homogeneity on the main dimensions of stratification and identity.