Economics & Global Affairs

20 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.

Dutch lawmaker Geert Wilders talks to reporters as he arrives at at Quicken Loans Arena before the start of the second day session of the Republican National Convention in Cleveland, Tuesday, July 19, 2016.

(AP Photo/Carolyn Kaster)

Analysis & Opinions - Project Syndicate

Putting the Populist Revolt in Its Place

| October 6, 2016

In many Western democracies, this is a year of revolt against elites. The success of the Brexit campaign in Britain, Donald Trump’s unexpected capture of the Republican Party in the United States, and populist parties’ success in Germany and elsewhere strike many as heralding the end of an era. As Financial Times columnist Philip Stephens put it, “the present global order – the liberal rules-based system established in 1945 and expanded after the end of the Cold War – is under unprecedented strain. Globalization is in retreat.”

In fact, it may be premature to draw such broad conclusions.

Some economists attribute the current surge of populism to the “hyper-globalization” of the 1990s, with liberalization of international financial flows and the creation of the World Trade Organization – and particularly China’s WTO accession in 2001 – receiving the most attention. According to one study, Chinese imports eliminated nearly one million US manufacturing jobs from 1999 to 2011; including suppliers and related industries brings the losses to 2.4 million.

Jens Stoltenberg speaks to students at the Harvard Kennedy School.

Bennett Craig

Speech

The Three Ages of NATO: An Evolving Alliance

| Sep. 23, 2016

Jens Stoltenberg,NATO Secretary General, discussed the future of the NATO alliance during this speech, given at the Harvard Kennedy School on September 23, 2016. He described the alliance as a responsive organization, capable of adapting to changes in the international security landscape but committed to the continuity of its founding values. In particular, he emphasized the necessity of maintaining a policy of absolute solidarity among member states, especially  in light of the exacerbating civil war in Syria and Russia’s aggressive stance toward countries to the East of NATO member state borders.

Blog Post - Views on the Economy and the World

Fiscal Education for the G-7

| May 26, 2016
As the G-7 Leaders gather in Ise-Shima, Japan, on May 26-27, the still fragile global economy is on their minds.  They would like a road map to address stagnant growth. Their approach should be to talk less about currency wars and more about fiscal policy.Fiscal policy vs. monetary policyUnder the conditions that have prevailed in most major countries over the last ten years, we have reason to think that fiscal policy is a more powerful tool for affecting the level of economic activity, as compared to monetary policy.

Analysis & Opinions - Technology+Policy | Innovation@Work

How Africa Is Shaping Its Relations with China

| April 11, 2016

For a summary of Prof. Juma's Twitter Q&A on this topic, click here. #AskCJuma

"Much of Africa's diplomatic agency in its relations with China is mediated through development learning. One obvious area of interest for Africa is the role of state capacity in promoting economic development. African governments are learning how to engage with China through FOFAC and other collaborative ventures. These lessons are being deployed when negotiating with other countries."

An Egyptian Army Helicopter flies over a crowd of pro-military demonstrators at Tahrir Square on July 26, 2013 in Cairo, Egypt.

AP Images

News

Podcast Collection: Rethinking the Arab State - Spring 2015 MEI Study Group with Prof. Michael C. Hudson

May 13, 2015

Audio recordings from MEI's Spring 2015 Study Group Rethinking the Arab State: the Collapse of Legitimacy in Arab Politics, with Professor Michael C. Hudson.

During the Spring 2015 semester, Prof. Hudson hosted a distinguished group of scholars to re-examine the foundational concepts of legitimacy, the state, civil society, religion, and regional stability in the wake of the Arab Uprisings.

Refining crude oil in Al Mansura, east of Al Raqqah, northern Syria, May 8, 2013.

Rex Features via AP Images

Journal Article - Quarterly Journal: International Security

Fueling the Fire: Pathways from Oil to War

    Author:
  • Jeff D. Colgan
| Fall 2013

While the threat of "resource wars" over possession of oil reserves is often exaggerated, between one-quarter and one-half of interstate wars since 1973 have been connected to one or more of eight distinct oil-related causal mechanisms. Understanding these mechanisms can help policymakers design grand strategy and allocate military resources.

Analysis & Opinions - Taipei Times

Incompatibility Hinders BRICS Bloc

| April 8, 2013

"...[W]hile the BRICS may be helpful in coordinating certain diplomatic tactics, the term lumps together highly disparate countries. Not only is South Africa miniscule compared with the others, but China's economy is larger than those of all of the other members combined. Likewise, India, Brazil and South Africa are democracies, and occasionally meet in an alternative forum that they call IBSA (the India, Brazil, South Africa Dialogue Forum)."