Authoritarian leaders in democracies almost always look to make a big impact in foreign policy as a way to create leverage domestically
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Modi spent first 2y building global statesman image. Then this big demonetization move domestically which will be mark of his first term
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Trump seems set on the same course. Nuclear sabre rattling, renormalize Russia relations, Middle East policy for no particular benefit...
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...and confusing trade equilibria. So ~mid 2018, you can expect big, damaging domestic moves. Build political capital abroad, spend at home.
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Same here. We built a global image (validation) whilst corruption thrived domestically as the status quo's tag.
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