Economics & Global Affairs

50 Items

Saudi Arabia’s Moment in the Sun

AP/Donna Fenn Heintzen

Analysis & Opinions - Carnegie Endowment for International Peace

Saudi Arabia’s Moment in the Sun

| May 07, 2019

As part of a high profile tour of China in February, Saudi Arabia’s Crown Prince Mohammed Bin Salman (MBS) has overseen a range of multi-billion dollar pledges and MOUs with Beijing. This partly reflects Riyadh’s desire to diversify sources for investments and technology following the mass withdrawal of major Western business leaders from the Future Investment Initiative in October 2018, after the murder of Saudi Journalist Jamal Khashoggi in the Saudi Embassy in Istanbul. Yet cooperation with China on renewable energy, if successful, would realize a significant first step towards Saudi Arabia’s lofty ambitions for solar and wind power.

The US-China Trade War and its Implications for Saudi Arabia

AP/NASA TV

Analysis & Opinions - Global Policy

The US-China Trade War and its Implications for Saudi Arabia

| Feb. 12, 2019

As American and Chinese trade representatives continue to discuss the two countries’ ongoing trade war, the architects of Middle East’s ambitious renewable energy policies are watching closely for opportunities to expand their burgeoning green industries. Regional leaders from across industry, government, and academia have recently gathered at the World Future Energy Summit and the Jubail Energy Management Conference, and the trade war has been high on the agenda.

Chinese President Xi Jinping speaks during a news conference at the end of the Belt and Road Forum at the Yanqi Lake International Conference Center, north of Beijing on Monday, May 15, 2017. (Nicolas Asfouri/Pool Photo via AP)

Nicolas Asfouri/Pool Photo via AP

Analysis & Opinions - The Diplomat

China’s Debtbook Diplomacy: How China is Turning Bad Loans into Strategic Investments

| May 30, 2018

Through its Belt and Road Initiative, China is extending hundreds of billions of dollars in loans to developing countries that often can’t afford to pay them back. In doing so, Beijing may be looking beyond its bottom line, hoping to convert economic loss into geopolitical gain.

Photo of a container ship docked in Shangahi.

AP

Paper - Belfer Center for Science and International Affairs, Harvard Kennedy School

Debtbook Diplomacy

| May 24, 2018

The goal of this report is to analyze the future of debtbook diplomacy: which countries are vulnerable to Chinese coercion; how U.S. strategic interests will be impacted; and how U.S. policymakers can mitigate the effects of this strategy.

teaser image

Journal Article - Middle East Institute

Sovereign Wealth Funds in Small Open Economies

| Apr. 24, 2018

The small open economies of the Gulf and Southeast Asia are pioneers in the establishment of

Sovereign Wealth Funds (SWFs). The SWFs of countries like Qatar and Singapore are among the

world’s largest in terms of total asset size relative to Gross Domestic Product. This article looks

at the different compulsions behind the setting up of SWFs by small open economies.

 

The Rise of Silicon China

Wang He/Getty Images

Analysis & Opinions - Project Syndicate

The Rise of Silicon China

| Apr. 03, 2018

Key features of Chinese history and culture have put it in a position to become the global leader in artificial-intelligence technologies, surpassing even the tech giants of Silicon Valley. But to do so, China will need to overcome economic hurdles – both at home and abroad – that could stand in its way.

Photo of troops during World War I.

Wikimedia Commons

Analysis & Opinions - USA Today

The 'Wonder Woman' guide to avoiding war with China: It might take a woman

| July 7, 2017

"Is war the natural condition of mankind? That question drives a deeper story line in the summer blockbuster 'Wonder Woman.' While she is stopping a massive German gas attack, Princess Diana also finds herself grappling with a fundamental question about the relationship between mass violence and human nature.

Wonder Woman's first face-off against a World War I villain, German Gen. Erich Ludendorff, takes a dark philosophical turn. 'Peace,' Gen. Ludendorff sneers, 'is only an armistice in an endless war.' Wonder Woman immediately identifies the author of the quote: the ancient Greek historian Thucydides. But she disagrees, arguing instead that war is a seductive spell on mankind, not a reflection of our inherent corruption."

Graham Allison writes that the dangerous dynamic of a rising power that threatens to displace a ruling power is Thucydides’ Trap. "It is one of history’s deadliest patterns. Over the past 500 years, this has occurred 16 times. In 12 cases, the outcome was war. Today, the contest between an irresistible rising China and an immovable America is the 17th case."