For much of the 20th century, Arab oil-exporting states were defined as rentier economies, where a small percentage of the population – often just 2-3% – was involved in producing wealth that accounted for up to 80% of Gross Domestic Product (GDP).1 According to modern interpretations of Adam Smith’s rentier theory, state revenue in such […]

States are increasingly reverting to economic coercion in international politics. The sweeping use of sanctions and – particularly since President Trump’s second term in office – tariffs to influence other states is evidence of its growing salience. Economic coercion refers to the use of economic tools – specifically economic restrictions – to coerce a foreign government, actor, or entity […]

The nuclear non-proliferation regime has evolved from a patchwork of agreements into an important architecture of nuclear restraint globally. Yet, the regime now faces some formidable challenges. Deep structural fractures, including inequality, the disarmament deficit, and the tolerance of nuclear latency, are compounding threats of geopolitical rivalry, lack of universality, and the challenge of new disruptive technologies.