Algerian President Abdelaziz Bouteflika [Photo Credit: Sidali Djarboub/AP]

The False Promise of Algerian Constitutional Reform

After promising constitutional reform in the wake of the Arab Spring, Algerian President Abdelaziz Bouteflika put forward draft constitutional articles last week aimed at bolstering the country’s democratic institutions. On face value, the changes seem promising: a two-term limit for the presidency, requiring parliamentary approval for the president’s selection of a Prime Minister, and reducing…

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China’s Renminbi Joins IMF’s Special Drawing Right Basket

On November 30, 2015, the International Monetary Fund’s executive board announced the decision to include China’s Renminbi into the Special Drawing Right Basket (SDR), effective October 2016. Created by the IMF in 1969 in the context of the Bretton Woods fixed exchange rate system, SDR is an international reserve asset that helps its holder…

South Korean President Park Geun-hye, U.S. President Barack Obama and Japanese Prime Minister Shinzo Abe hold a summit in March 2015. Photo credit: Japanese Prime Minister’s office

U.S. Military Rebalance in the Asia-Pacific

In the fall of 2011, President Obama announced significant policy changes constituting a complete “rebalance” of defense resources and foreign policy interests to the Asia-Pacific region. Also known as the “Pivot to Asia,” these policy changes included intensified regional U.S. involvement in terms of military spending, military presence, foreign policy, and economic policy. During this…

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Competing interests at the local government led to one of the biggest environmental disasters of the century

The massive scale of the environmental disaster, which takes form in the transboundary haze pollution happening in Northern Sumatra, Indonesia, has been dubbed a “crime against humanity”; though the fundamental cause for the persistent detrimental haze is the all-too-common domino effect of corruption in local politics. The haze has been an annual problem in Southeast…