Like Washington, Beijing has an abiding strategic interest in promoting stability and security in Nigeria—the largest economy in Africa, a major oil and gas producer, and on track to become the world’s third most populous country by 2050. Yet from the Boko Haram insurgency in its northeast to farmer-herder clashes in its Middle Belt...
Breaking out of Afghanistan’s current economic stagnation, rising unemployment, and poverty will only be possible if there is strong, sustained progress toward durable peace and political stability. Lowering security costs and, over time, reducing the extremely high aid dependency is the only way for the country to move toward balancing its budget books.
With Iraq and Iran sharing a 900-mile border and deep commercial ties, the renewal of U.S. sanctions against Tehran without doubt would be felt in Baghdad. To what degree the Iraqi economy could end up collateral damage of the sanctions, however, requires detailed analysis.
By 2030 African black rhinos and elephants could face extinction as poachers and other criminals, including violent extremist groups, sell rhino horns and ivory to largely Asian markets. The trade in protected wildlife, worth an estimated $7 to $10 billion annually, not only endangers these species, it destabilizes communities and impedes sustainable economic development.
After a trip to assess humanitarian crises in some of the world’s most troubled nations, U.S. Senator Jeff Merkley said he concluded that a matrix of conflict, corruption and “climate chaos” is driving one of the biggest periods of displacement in modern history.
For over a decade, Russia’s Vladimir Putin has campaigned to subvert the liberal world order and undermine global norms by invading neighbors and interfering in democratic processes at home and abroad. To explain how Congress can counter Russian aggression, members of the House Foreign Affairs Subcommittee on Europe, Eurasia and Emerging Threats Rep. Francis Rooney (R-FL) and Rep. Bill Keating (D-MA) came together for a bipartisan dialogue at the U.S. Institute of Peace.
In October 2017, the United States lifted a wide range of economic sanctions that had been in place against Sudan for two decades. Aly Verjee, a visiting expert at the United States Institute of Peace, recently interviewed roughly 50 Sudanese—including students, business owners, doctors, laborers, activists, and others outside the government-connected elite—on what this first step in the normalization of relations between Sudan and the United States might mean for the future of their country.
The mounting debt crisis of Iraq’s Kurdistan Regional Government poses a long-term threat to the country’s economy and ultimately, perhaps, its stability. For now, Iraqi political leaders are consumed with negotiating a new, post-election government, but a solution to the KRG’s insolvency cannot wait too long. It will require the next government to quickly put aside parochial politics and help the KRG find creative ways to restructure its debts.
As Iraq’s parliamentary elections approach this weekend, destabilizing disputes with the Kurdistan Region remain unresolved. Perhaps the most intractable, and least discussed, is how to address the insolvency of the semi-autonomous Kurdistan Regional Government (KRG). It’s a simmering crisis that threatens Iraq’s economic future and political unity, and one that the central government needs to step up and help defuse.
The Afghan government has recently embarked on important reforms to the national budget, embodied in the 2018 budget approved by Parliament early this year. This budget sets in motion an envisaged two-year reform process to achieve greater overall transparency, better development programming, and reduced corruption. The third in a series on Afghanistan’s public finances, this report updates revenue performance in 2017 and assesses the new budgetary reforms, how the draft budget fared in Parliament, the outcome, and next steps and prospects for the reforms.