Download or read book Boom and Bust in Puerto Rico written by A. W. Maldonado and published by . This book was released on 2021-08 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: Who is to blame for the economic and political crisis in Puerto Rico--the United States or Puerto Rico? This book provides a fascinating historical perspective on the problem and an unequivocal answer on who is to blame. In this engaging and approachable book, journalist A. W. Maldonado charts the rise and fall of the Puerto Rican economy and explains how a litany of bad political and fiscal policy decisions in Washington and Puerto Rico destroyed an "economic miracle." Under Operation Bootstrap in the 1950s and 60s, the rapid transformation and industrialization of the Puerto Rican economy was considered a "wonder of human history," a far cry from the economic "death spiral" the island's governor described in 2016. Boom and Bust in Puerto Rico is the story of how the demise of an obscure tax policy that encouraged investment and economic growth led to escalating budget deficits and the government's shocking default of its $70 billion debt. Maldonado also discusses the extent of the devastation from Hurricane Maria in 2017, the massive street protests during 2019, and the catastrophic earthquakes in January 2020. After illuminating the "century of misunderstanding" between Puerto Rico and the United States--the root cause of the economic crisis and the island's gridlocked debates about its political status--Maldonado concludes with projections about the future of the relationship. He argues that, in the end, the economic, fiscal, and political crises are the result of the breakdown and failure of Puerto Rican self-government. Boom and Bust in Puerto Rico is written for a wide audience, including students, economists, politicians, and general readers, all of whom will find it interesting and thought provoking.

Download or read book Boom and Bust in Puerto Rico written by A. W. Maldonado and published by . This book was released on 2021 with total page 267 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Boom and Bust in Puerto Rico written by A. W. Maldonado and published by University of Notre Dame Pess. This book was released on 2021-08-01 with total page 318 pages. Available in PDF, EPUB and Kindle. Book excerpt: Who is to blame for the economic and political crisis in Puerto Rico—the United States or Puerto Rico? This book provides a fascinating historical perspective on the problem and an unequivocal answer on who is to blame. In this engaging and approachable book, journalist A. W. Maldonado charts the rise and fall of the Puerto Rican economy and explains how a litany of bad political and fiscal policy decisions in Washington and Puerto Rico destroyed an economic miracle. Under Operation Bootstrap in the 1950s and '60s, the rapid transformation and industrialization of the Puerto Rican economy was considered a “wonder of human history,” a far cry from the economic “death spiral” the island’s governor described in 2015. Boom and Bust in Puerto Rico is the story of how the demise of an obscure tax policy that encouraged investment and economic growth led to escalating budget deficits and the government’s shocking default of its $70 billion debt. Maldonado also discusses the extent of the devastation from Hurricane Maria in 2017, the massive street protests during 2019, and the catastrophic earthquakes in January 2020. After illuminating the century of misunderstanding between Puerto Rico and the United States—the root cause of the economic crisis and the island’s gridlocked debates about its political status—Maldonado concludes with projections about the future of the relationship. He argues that, in the end, the economic, fiscal, and political crises are the result of the breakdown and failure of Puerto Rican self-government. Boom and Bust in Puerto Rico is written for a wide audience, including students, economists, politicians, and general readers, all of whom will find it interesting and thought provoking.

Download or read book Boom and Bust written by William Quinn and published by Cambridge University Press. This book was released on 2020-08-06 with total page 297 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why do stock and housing markets sometimes experience amazing booms followed by massive busts and why is this happening more and more frequently? In order to answer these questions, William Quinn and John D. Turner take us on a riveting ride through the history of financial bubbles, visiting, among other places, Paris and London in 1720, Latin America in the 1820s, Melbourne in the 1880s, New York in the 1920s, Tokyo in the 1980s, Silicon Valley in the 1990s and Shanghai in the 2000s. As they do so, they help us understand why bubbles happen, and why some have catastrophic economic, social and political consequences whilst others have actually benefited society. They reveal that bubbles start when investors and speculators react to new technology or political initiatives, showing that our ability to predict future bubbles will ultimately come down to being able to predict these sparks.

Download or read book Teodoro Moscoso and Puerto Rico s Operation Bootstrap written by Alex W. Maldonado and published by University Press of Florida. This book was released on 2020-10-26 with total page 235 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Fascinating. . . . [Maldonado's] extensive interviews of Moscoso are unique and help make this a highly original work. . . . He deserves this amount of attention as the man who, next to Luis Muñoz, was the dominant figure in the Puerto Rico renaissance of the 1950s."--Thomas L. Hughes, Carnegie Endowment for International Peace "Maldonado does a superb job in presenting Teodoro Moscoso's role generally and the decisive actions he took at critical junctures in particular."--Rafael de Jesús Toro, dean of business administration, Interamerican University of Puerto Rico, and professor of economics, University of Puerto Rico A. W. Maldonado tells the story of Puerto Rico's extraordinary climb from poverty to economic success. Operation Bootstrap, a program conceived, promoted, and implemented by Teodoro Moscoso (1910-1992), succeeded in attracting worldwide capital investment that by the mid-1950s had transformed the island from an economic backwater into a bustling industrial society. Though much of the credit went to Puerto Rico's governor, Luis Muñoz Marín, Maldonado focuses on Moscoso to describe how and why the economic miracle took place. Moscoso was deeply involved in all aspects of the Puerto Rican economy and culture, and Maldonado follows his relationships and battles on a number of fronts, from his initial differences with Rexford Tugwell, the last American governor of the island, to conflicts with Governor Muñoz, who was constantly concerned that Moscoso was pushing change too quickly. In the worlds of business and culture, Maldonado shows how Moscoso employed advertising guru David Ogilvy to propagate the image of a people engaged in a cultural renaissance. He also highlights Moscoso's decisive actions at critical junctures (such as his success in pushing tax exemptions and tourism in the late 1940s) and his personal persuasiveness, as with Pablo Casals, who at the age of eighty was persuaded to establish his Casals Festival at San Juan. Maldonado shows that Moscoso was the architect of the "economic miracle" that economists and presidents believed could not happen in Puerto Rico. His account sheds new light on the man who provided U.S. administrations with a democratic success story to counter the allure of the Cuban revolution and who was called on by President John F. Kennedy to organize and head the Alliance for Progress. A. W. Maldonado, a journalist in Puerto Rico for 37 years, is a former editor of El Mundo and El Reportero and currently writes a column for the San Juan Star. His articles have appeared in numerous U.S. publications, including the New York Times, Los Angeles Times, Baltimore Sun, Christian Science Monitor, Newsday, and The Nation.

Download or read book Island Paradox written by Francisco Rivera-Batiz and published by Russell Sage Foundation. This book was released on 1996-11-21 with total page 211 pages. Available in PDF, EPUB and Kindle. Book excerpt: "One of the year's best books on Puerto Rico."—El Nuevo Dia, San Juan "[The authors] are highly regarded labor economists who have written extensively and intelligently in the past, and again in this volume, on Puerto Rican migration and labor markets... There isabundant statistical data and careful analysis, some of which challenges the conventional wisdom. Highly recommended." —Choice Island Paradox is the first comprehensive, census-based portrait of social and economic life in Puerto Rico. During its nearly fiftyyears as a U.S. commonwealth, the relationship between Puerto Rico's small, developing economy and the vastly larger, more industrialized United States has triggered profound changes in the island's industry and labor force. Puerto Rico has been deeply affected by the constant flow of its people to and from the mainland, and by the influx of immigrant workers from other nations. Distinguished economists Francisco Rivera-Batiz and Carlos Santiago provide the latest data on the socioeconomic status of Puerto Rico today, and examine current conditions within the context of the major trends of the past two decades. Island Paradox describes many improvements in Puerto Rico's standard of living, including rising per-capita income, longer life expectancies, greater educational attainment, and increased job prospects for women. But it also discusses the devastating surge in unemployment. Rapid urbanization and a vanishing agricultural sector have led to severe inequality, as family income has become increasingly dependent on education and geographic location. Although Puerto Rico's close ties to the United States were the major source of the island's economic growth prior to 1970, they have also been at the root of recent hardships. Puerto Rico's trade andbusiness transactions remain predominantly with the United States, but changes in federal tax, social, and budgetary policies, along with international agreements such as NAFTA, now threaten to alter the economic ties between the island and the mainland. Island Paradox reveals the social and family changes that have occurred among Puerto Ricans on the island and the mainland. The significant decline in the island's population growth is traced in part to women's increased pursuit of educational and employment opportunities before marrying. More children are being raised by singleparents, but this stems from a higher divorce rate and not a rise in teenage pregnancy. The widespread circular migration to and from the United States has had strong repercussions for the island's labor markets and social balance, leading to concerns about an island brain drain. The Puerto Rican population in the United States hasbecome increasingly diverse, less regionally concentrated and not, as some have claimed, in danger of becoming an underclass. Within a single generation Puerto Rico has experienced social and economic shifts of an unprecedented magnitude. Island Paradox charts Puerto Rico's economic fortunes, summarizes the major demographic trends, and identifies the issues that will have the strongest bearings on Puerto Rico's prospects for a successful future. A Volume in the Russell Sage Foundation Census Series

Download or read book Crude Volatility written by Robert McNally and published by Columbia University Press. This book was released on 2017-01-17 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: As OPEC has loosened its grip over the past ten years, the oil market has been rocked by wild price swings, the likes of which haven't been seen for eight decades. Crafting an engrossing journey from the gushing Pennsylvania oil fields of the 1860s to today's fraught and fractious Middle East, Crude Volatility explains how past periods of stability and volatility in oil prices help us understand the new boom-bust era. Oil's notorious volatility has always been considered a scourge afflicting not only the oil industry but also the broader economy and geopolitical landscape; Robert McNally makes sense of how oil became so central to our world and why it is subject to such extreme price fluctuations. Tracing a history marked by conflict, intrigue, and extreme uncertainty, McNally shows how—even from the oil industry's first years—wild and harmful price volatility prompted industry leaders and officials to undertake extraordinary efforts to stabilize oil prices by controlling production. Herculean market interventions—first, by Rockefeller's Standard Oil, then, by U.S. state regulators in partnership with major international oil companies, and, finally, by OPEC—succeeded to varying degrees in taming the beast. McNally, a veteran oil market and policy expert, explains the consequences of the ebbing of OPEC's power, debunking myths and offering recommendations—including mistakes to avoid—as we confront the unwelcome return of boom and bust oil prices.

Download or read book Locked In Locked Out written by Zaire Zenit Dinzey-Flores and published by University of Pennsylvania Press. This book was released on 2013-04-22 with total page 241 pages. Available in PDF, EPUB and Kindle. Book excerpt: In November 1993, the largest public housing project in the Puerto Rican city of Ponce—the second largest public housing authority in the U.S. federal system—became a gated community. Once the exclusive privilege of the city's affluent residents, gates now not only locked "undesirables" out but also shut them in. Ubiquitous and inescapable, gates continue to dominate present-day Ponce, delineating space within government and commercial buildings, schools, prisons, housing developments, parks, and churches. In Locked In, Locked Out, Zaire Zenit Dinzey-Flores shows how such gates operate as physical and symbolic ways to distribute power, reroute movement, sustain social inequalities, and cement boundary lines of class and race across the city. In its exploration of four communities in Ponce—two private subdivisions and two public housing projects—Locked In, Locked Out offers one of the first ethnographic accounts of gated communities devised by and for the poor. Dinzey-Flores traces the proliferation of gates on the island from Spanish colonial fortresses to the New Deal reform movement of the 1940s and 1950s, demonstrating how urban planning practices have historically contributed to the current trend of community divisions, shrinking public city spaces, and privatizing gardens. Through interviews and participant observation, she argues that gates have transformed the twenty-first-century city by fostering isolation and promoting segregation, ultimately shaping the life chances of people from all economic backgrounds. Relevant and engaging, Locked In, Locked Out reveals how built environments can create a cartography of disadvantage—affecting those on both sides of the wall.

Download or read book The Financial Crisis Inquiry Report written by Financial Crisis Inquiry Commission and published by Cosimo, Inc.. This book was released on 2011-05-01 with total page 692 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Financial Crisis Inquiry Report, published by the U.S. Government and the Financial Crisis Inquiry Commission in early 2011, is the official government report on the United States financial collapse and the review of major financial institutions that bankrupted and failed, or would have without help from the government. The commission and the report were implemented after Congress passed an act in 2009 to review and prevent fraudulent activity. The report details, among other things, the periods before, during, and after the crisis, what led up to it, and analyses of subprime mortgage lending, credit expansion and banking policies, the collapse of companies like Fannie Mae and Freddie Mac, and the federal bailouts of Lehman and AIG. It also discusses the aftermath of the fallout and our current state. This report should be of interest to anyone concerned about the financial situation in the U.S. and around the world.THE FINANCIAL CRISIS INQUIRY COMMISSION is an independent, bi-partisan, government-appointed panel of 10 people that was created to "examine the causes, domestic and global, of the current financial and economic crisis in the United States." It was established as part of the Fraud Enforcement and Recovery Act of 2009. The commission consisted of private citizens with expertise in economics and finance, banking, housing, market regulation, and consumer protection. They examined and reported on "the collapse of major financial institutions that failed or would have failed if not for exceptional assistance from the government."News Dissector DANNY SCHECHTER is a journalist, blogger and filmmaker. He has been reporting on economic crises since the 1980's when he was with ABC News. His film In Debt We Trust warned of the economic meltdown in 2006. He has since written three books on the subject including Plunder: Investigating Our Economic Calamity (Cosimo Books, 2008), and The Crime Of Our Time: Why Wall Street Is Not Too Big to Jail (Disinfo Books, 2011), a companion to his latest film Plunder The Crime Of Our Time. He can be reached online at www.newsdissector.com.

Download or read book Militant Puerto Ricans written by Michael González-Cruz and published by . This book was released on 2020-08 with total page 198 pages. Available in PDF, EPUB and Kindle. Book excerpt: Facing discrimination from fellow members in unions, organizations, and political parties, Militant Puerto Ricans tells the story of how Puerto Ricans in the United States participated in traditional politics, while creating clandestine organizations. By 1965, Puerto Ricans had created over six-hundred different political and communal organizations, with different approaches, methods, and tactics. Many organizations focused on improving conditions in Puerto Rican communities, and others aimed at freeing Puerto Rico from its colonial status. Militant Puerto Ricans focuses on the formation and the strategies of the Young Lords Party (YLP), the Puerto Rican Socialist Party (PSP), the Puerto Rican National Left Movement (or the "Comité MINP"), the Puerto Rican Student Union (PRSU), the Fuerzas Armadas de Liberación Nacional (FALN), the Nationalist Party (PN) and the Puerto Rican Independence Party (PIP). Militant Puerto Ricans tells the story of how leaders and activists who belonged to these organizations, constantly travelled between Puerto Rico and the U.S., strengthening the bonds between activists and organizations in and outside Puerto Rico. Additionally, Militant Puerto Ricans tells us the story of how clandestine organizations, such as the FALN and the Macheteros, organized to make others conscious about Puerto Rico's colonial status. Militant Puerto Ricans' timeline starts in 1868, when Puerto Ricans rebelled against the Spanish colonial government in "El Grito de Lares." After El Grito, rebel bands in Puerto Rico continued their resistance by assaulting landowners, burning their fields, and destroying credit books. These bands were known as the "Tiznados," who despite their efforts, did not organize into a large-scale revolutionary movement. Puerto Rico would not see a large revolutionary movement until the 1930s, when Pedro Albizu Campos was elected the president of the Nationalist Party, a working-class movement that threatened corporate and colonial powers. The U.S. fought the Nationalist Party by implementing a Gag Law, they tortured and executed Nationalists, and shot peaceful protesters. Facing violent oppression from the colonial government, the armed struggle became clandestine. The Chicago-based Armed Forces of National Liberation (FALN) and the Boricua Popular Army (EPB) [otherwise known as the "Macheteros"] took command. They attacked and destroyed banks, oil pipelines, military equipment, and federal offices. Their aim was not to overthrow the government, but to protest Puerto Rico's colonial status. The FBI and Puerto Rican police's tactics against activists were vicious and brutal. Besides their assassinations of activists without due process, one of the most shocking facts this chapter reports on was how a bomb was planted in the Puerto Rican Socialist Party's daycare center. It was only after 150,000 dossiers on independence supporters were revealed to the public in the late 1980s, that the FBI scaled back its vicious assassination campaign. Instead, their tactics shifted to harassment of key individuals, infiltration of activist organizations and a massive media brainwashing campaign to demonize leftist militant tactics.Militant Puerto Ricans concludes with a chapter on the lives of Pedro Albizu Campos' revolutionary disciples. In 1999, the U.S. released twelve Puerto Rican political prisoners after a massive protest took place in the island. Puerto Rico received them with hugs, ovations, and parades. Michael González-Cruz tells us that these revolutionaries were radicalized by the tragic circum-stances of their nation, their communities, and their reality. In the United States, many became radicalized when they witnessed the police and FBI violently repress the Black Panther Party. Puerto Ricans who have been born and raised in the United States have faced racism and discrimination to this day. Our militants have fought for liberation, occupied buildings and rescued their history.

Download or read book Battleship Vieques written by César J. Ayala and published by . This book was released on 2011 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: The demonstrations that resulted in the US Navy being forced out of Vieques in 2003 were the result of the island's occupation during and after World War II. After German U-boats sank more ships in the Caribbean than anywhere else, the US government decided to transform the island of Vieques into an unsinkable battleship. The Navy thereby ignored the cultural traditions of the Puerto Rican population, introduced racial discrimination, forced the relocation of its population, and showed no concern for the local economy, which was ruined by the occupation.

Download or read book Puerto Rican Identity Political Development and Democracy in New York 1960 1990 written by José E. Cruz and published by Lexington Books. This book was released on 2017-07-21 with total page 372 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book studies Puerto Ricans in New York City, focusing on political elites, to explore the role of ethnic identity in the maintenance and development of urban democracy. It suggests that ethnic identity structures political participation in ways that challenge and affirm liberal democracy and, thus, is a positive force in political development.

Download or read book Financial Liberalization and Economic Development in Korea 1980 2020 written by and published by BRILL. This book was released on 2022-03-07 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the early 1980s, Korea’s financial development has been a tale of liberalization and opening. After the 1997 financial crisis, great strides were made in building a market-oriented financial system through sweeping reforms for deregulation and the opening of financial markets. However, the new system failed to steer the country away from a credit card boom and bust in 2003, a liquidity crisis in 2008, and a run on its savings banks in 2011, and has been severely tested again by the ongoing COVID-19 pandemic crisis. Financial liberalization, clearly, has been no panacea. This study analyzes the deepening of and structural changes in Korea’s financial system since the early 1980s and presents the empirical results of the effects of financial development on economic growth, stability, and the distribution of income. It finds that, contrary to conventional wisdom, financial liberalization has contributed little to fostering the growth and stability of the Korean economy and has exacerbated income distribution problems. Are there any merits in financial liberalization? The authors answer this query through empirical examinations of the theories of finance and growth. They point to a clear need to further improve the efficiency, soundness, and stability of Korean financial institutions and markets.

Download or read book Nationalist Heroines written by Olga Jiménez de Wagenheim and published by Markus Wiener Publishers. This book was released on 2016-05-02 with total page 390 pages. Available in PDF, EPUB and Kindle. Book excerpt: "A group of Nationalists led by Pedro Albizu Campos made it clear that they would free Puerto Rico from colonial rule. A confrontation between the Nationalists and the colonial police in October 1935 left four Nationalists dead. Albizu Campos and seven of his aides were convicted on seditious charges and sent to a federal prison in Atlanta, Georgia. His followers attempted to hold a demonstration in Ponce, Albizu Campos' hometown, and were gunned down by the police: nineteen were killed and more than one hundred and fifty were wounded. Eight Nationalists then attempted to kill Governor, Blanton Winship. Back in Puerto Rico in 1947, Albizu Campos began to plan for a revolution, which he launched on October 30, 1950. A commando unit of five attacked the Governor's residence while others assaulted police stations in half a dozen cities and towns throughout the island. One woman (Doris Torresola) was shot while protecting her leader. The same day Blanca Canales was one of three to lead the revolt in Jayuya. Two days later, two Nationalists, residents of New York, attempted to kill, President Truman at Blair House, his temporary residence. Massive arrests followed and forty-one women were detained on suspicion they had conspired with the rebels. Two of the fifteen women indicted were sentenced to life in prison. Then, on March 1, 1954, another woman (Dolores Lebraon) led three male companions in the attack of the U.S. House of Representatives where five congressmen were shot for keeping Puerto Rico in bondage. Historians have largely overlooked the roles of these Nationalist women. Now the book, Nationalist Heroines: Puerto Rican Women History Forgot, 1930s-1950s seeks to rescue the stories of the women who gave up their freedom in search of freeing their homeland"--Provided by publisher.

Download or read book Puerto Rico written by Jorell Meléndez-Badillo and published by Princeton University Press. This book was released on 2024-04-02 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: "How did Puerto Rico end up in its current situation? A Spanish-speaking territory controlled by the United States and populated by the descendants of conquistadors, enslaved Africans, and indigenous inhabitants, this island (or rather archipelago) has a unique history. Jorell Meléndez-Badillo begins the book with an overview of the pre-Columbian societies and cultures that first inhabited Borikén, the indigenous name of the Puerto Rican archipelago. Though the arrival of the Spanish had a profound impact on Puerto Rico's history, he takes care to tell the story "from the shore" and not "from the boat." The Taínos were not merely passive victims; though they were enslaved and murdered during the Conquest, they also had powerful leaders like Agueybaná II who organized the Americas' first indigenous insurrection against colonial rule in 1511. When the colonial enterprise was consolidated a few decades after the Conquest, Puerto Rico became a military outpost for the Spanish Empire. By the nineteenth century, Puerto Rico was a slave colony, and it was ruled through a combination of reform and authoritarianism. This resulted in the proliferation of unsuccessful slave revolts and, in 1868, an insurrection that declared the Republic of Puerto Rico, which only lasted 48 hours. Puerto Rico's major regime change came in 1898 with the US occupation. Though being controlled by the United States has shaped Puerto Rico's history in innumerable ways, it inadvertently fostered a sense of puertorriqueñidad (Puerto Ricanness) among the Island's inhabitants. US colonization may have involved forced Americanization, but it also provoked a multi-layered resistance to those projects, from passive disobedience to armed insurrections. The creation of the Puerto Rican Commonwealth in 1952 involved using a number of institutions to create the notion of cultural nationalism that was detached from the island's colonial status, included Puerto Ricans in the diaspora and was not contingent on obtaining national sovereignty. The last part of the book focuses on more recent developments from the neoliberal turn in the 1990s to current (and likely future) socio-economic and environmental crises"--

Download or read book China and Sustainable Development in Latin America written by Rebecca Ray and published by Anthem Press. This book was released on 2017-01-02 with total page 198 pages. Available in PDF, EPUB and Kindle. Book excerpt: During Latin America’s China-led commodity boom, governments turned a blind eye to the inherent flaws in the region’s economic policy. Now that the commodity boom is coming to an end, those flaws cannot be ignored. High on the list of shortcomings is the fact that Latin American governments—and Chinese investors—largely fell short of mitigating the social and environmental impacts of commodity-led growth. The recent commodity boom exacerbated pressure on the region’s waterways and forests, accentuating threats to human health, biodiversity, global climate change and local livelihoods. China and Sustainable Development in Latin America documents the social and environmental impact of the China-led commodity boom in the region. It also highlights important areas of innovation, like Chile’s solar energy sector, in which governments, communities and investors worked together to harness the commodity boom for the benefit of the people and the planet.

Download or read book Survival June July 2023 written by The International Institute for Strategic Studies (IISS) and published by Taylor & Francis. This book was released on 2023-06-09 with total page 123 pages. Available in PDF, EPUB and Kindle. Book excerpt: Survival, the IISS’s bimonthly journal, challenges conventional wisdom and brings fresh, often controversial, perspectives on strategic issues of the moment. In this issue Hannah Aries, Bastian Giegerich and Tim Lawrenson assess that Europe’s defence industry will struggle to meet increased production needs In 2007, the late Ronald Steel judged that while the Iraq War had weakened the United States, it would not profoundly affect US foreign policy (from the archive) Dana H. Allin reflects on Ronald Steel’s legacy and prospects for the ‘extended American Century’ Liana Fix argues that the West should formulate security guarantees for Ukraine in parallel with its counter-offensive Daniel Sobelman assesses that the Yemen-based Houthi rebel movement is emulating Hizbullah And seven more thought-provoking pieces, as well as our regular Book Reviews and Noteworthy column. Editor: Dr Dana Allin Managing Editor: Jonathan Stevenson Associate Editor: Carolyn West Editorial Assistant: Charlie Zawadzki