Read Edward Alden's accompanying blog post. Each year, U.S. state and local governments spend tens of billions of dollars to lure or retain business investment. The subsidies waste scarce taxpayer…

Europe's strategy for solving its debt woes has the problem exactly backwards. A gaping hole in Europe's policy response to date is its unwillingness to reduce excessive levels of corporate, bank, an…

U.S.-Pakistan relations are in crisis. For Washington, Osama bin Laden's safe haven in Abbottabad raises questions about Pakistan's complicity and/or incompetence. For Islamabad, bin Laden's killing …

The international military presence in Afghanistan has shrunk dramatically, and even with a slower pace of troop withdrawal, the country's security situation has already worsened. Iraq's chaos provid…

Nation-building abroad has become a neuralgic term in American politics. Opposition to nation-building abroad is one of the few things that President Barack Obama and Donald Trump can agree on. And y…