2025
Challenges to Implementing the Arms Embargo
Arms embargo is a trade sanction against the export of weapons to states and entities deemed to have violated international law. Despite their broad application and high coercive potential, the implementation of arms embargoes is complicated by a series of circumstances that undermine their effectiveness. The existence of black markets, illicit arms trafficking networks, and […]
Moral Hazard and the IMF Bailout
In the wake of the Asian financial crisis, the IMF is again facing calls for increased funding. In addition to bailing out financially troubled governments and companies, IMF loan programs also offer countries the opportunity to reform their economic policies and rethink their relationship with the international financial system. However, many important questions remain unanswered […]
Debt Relief for Green and Inclusive Recovery – How to End the Global Debt Crisis
The debt crisis affects millions of people across the globe – and it’s getting worse. When a person or company loses the ability to pay their debts, they go bankrupt. The same goes for governments. When a country’s debt load becomes too high, investors start to worry that it won’t be able to pay back […]
The Difference Between Ethnic Cleansing and Genocide
Until recently it seemed almost commonplace that the United States and other U.N. Security Council members would refer to violence in the former Yugoslavia and Rwanda as “ethnic cleansing.” This term has been widely used since 1992. It allows the perpetrators of these atrocities to avoid labeling them as genocide, which triggers mandatory international intervention […]