Effective interactions for light nuclei: An effective (field theory) approach

One of the central open problems in nuclear physics is the construction of effective interactions suitable for many-body calculations. We discuss a recently developed approach to this problem, where one starts with an effective field theory containing only fermion fields and formulated directly in a no-core shell-model space. We present applications to light nuclei and to systems of a few atoms in a harmonic-oscillator trap. Future applications and extensions, as well as challenges, are also considered.