Buy Buy Baby: Why China and Japan Need Consumers to Combat Secular Stagnation

Most developed nations are currently facing post-Great Recession economic sluggishness that has responded inadequately to both traditional fiscal and monetary policy tools. While the sources of this crisis lie in a vast array of social, political, demographic, and economic problems, one key issue for East Asia, in particular, is consumer spending.

Analyzing the UN Treaty on the Prohibition of Nuclear Weapons Through Realism

[T]he UN Treaty on the Prohibition of Nuclear Weapons (UNTPNW), signed on July 7, 2017 … prohibits “nuclear weapons use, threat of use, testing, development, production, possession, transfer, and stationing in a different country.” The analysis in this paper will show that realist theories of international relations best explain why nuclear powers did not sign this particular treaty.