Economics & Global Affairs

86 Items

Workers dismantle the Belt and Road Forum logo next to the “Golden Bridge of Silk Road” structure outside the media center as leaders are attending the round table summit of the Belt and Road Forum chaired by Chinese President Xi Jinping in Beijing, Saturday, April 27, 2019

AP Photo/Andy Wong

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

The Triangle in the Long Game

| June 19, 2019

The purpose of this paper is to analyze how China’s new power is reaching Europe, the challenges that it poses, and the European responses to this new reality. This process has to be examined in the context of the current strategic competition between China and the U.S. and its reflection on the transatlantic relationship.

Iran demonstrations 22 Bahman Iranian Revolution

Tasnim

Analysis & Opinions - Project Syndicate

The Islamic Revolution at 40

| Feb. 12, 2019

US President Donald Trump’s administration seems to hope that, with a nudge from sanctions, ordinary Iranians will rise up and overthrow the Islamic Republic. But the economic data do not support the view that the Iranian public has been driven into abject poverty since 1979, let alone that it is on the brink of revolting.

Great Decisions Cover

Foreign Policy Association

Journal Article - Foreign Policy Association

The State of the State Department and American Diplomacy

| Jan. 03, 2019

During the Trump administration, the usual ways of conducting diplomacy have been upended. Many positions in the State Department have never been filled, and meetings with foreign leaders such as Kim Jong-un and Vladimir Putin have been undertaken with little advance planning. What effect are these changes having now, and how will they affect ongoing relationships between the United States and its allies and adversaries?

Ms. Meng, the chief financial officer of the telecommunications giant Huawei, was arrested last week by Canadian authorities at the request of the American government on suspicion of fraud related to Iranian sanctions.

Getty Images

Analysis & Opinions - The New York Times

Trump’s Intervention in Huawei Case Would Be Legal, but Bad Precedent, Experts Say

| Dec. 12, 2018

When President Trump said in an interview this week that he was willing to intercede in the case of a Chinese telecom executive facing extradition to the United States if it helped achieve “the largest trade deal ever made,” it was a clear signal that his White House saw no problem intervening in the justice system to achieve what it considered economic gain.

Secretary Pompeo Meets with Saudi Crown Prince Mohammed bin Salman

U.S. Department of State

Analysis & Opinions - Foreign Affairs

Saudi Arabia’s Empty Oil Threats

| Nov. 01, 2018

The brazen murder of Washington Post journalist and U.S. resident Jamal Khashoggi has elicited that rarest of reactions in contemporary U.S. politics: bipartisan consensus. President Trump’s administration, however, has adopted a notably restrained response thus far. US administration officials reportedly worry that by applying too much pressure on the kingdom, they could inadvertently “jeopardize plans to enlist Saudi help to avoid disrupting the oil market.” The Trump administration has been counting on Saudi Arabia, as the world’s swing producer, to increase its oil production to help offset the anticipated loss of Iranian supply come November 5, when sanctions lifted under the Iran nuclear deal are re-imposed. While Saudi Arabia does have the ability to impose costs on the United States if it is displeased by forceful action on the Khashoggi affair, Saudi threats to sabotage President Trump’s Iran policy through manipulating the oil market do not appear credible

Sovereign Venture Capitalism: At a Crossroad

StockSnap/Pixabay

Analysis & Opinions - The Economist

Sovereign Venture Capitalism: At a Crossroad

| Oct. 03, 2018

What the Iron Man-like character is claiming for his futuristic automotive company is not unheard of. On a systemic basis, mammoth institutional investment—especially from sovereign wealth funds (SWFs)—is flowing into start-ups and technology-oriented publicly traded companies. In this case, Saudi billions would help Mr Musk escape the pressures of being publicly listed. SWFs have invested large sums into high-growth start-ups promising innovation and financial returns. In fact, just this month, Saudi’s Public Investment Fund (PIF) announced a US$1bn investment in Tesla’s rival, Lucid, and a US$2bn stake in Tesla. The rise in SWF balance sheets and activity is having ramifications on global efforts to be more Silicon Valley-like, and on Silicon Valley itself.

Iran Tehran Bazaar

Wikicommons

Analysis & Opinions - Foreign Affairs

Yes, Iran’s Economy Is Suffering—But It’s Not All About the U.S.

| Sep. 25, 2018

Although U.S. President Donald Trump has hurt the Iranian economy, the unexpected depth of the rial’s decline owes less to U.S. policy than to poor decision-making in Tehran and structural weaknesses in Iran’s economy. A proper understanding of the factors that deepened the crisis suggests that the country’s acute hardships may ease or disappear as Iran adjusts to the new situation. Iran’s foreign exchange market needs to be understood on its own terms in order to avoid the common mistake of equating the fall of the rial in the free market with economic collapse, rising poverty, and increasing protests that can weaken the regime.

Display boards at the Australian Stock Exchange flash news of a falling market in Sydney, Friday, September 23, 2011.

AP Photo/Rick Rycroft

Analysis & Opinions - Australian Financial Review

How We Staved Off Recession and the GFC

| Sep. 13, 2018

In Australia we successfully navigated the GFC without losing a single financial institution – although we came perilously close in a number of cases – and without a single citizen losing their saving deposits. We also became the only major developed economy  to come through the great global recession unscathed.

How sovereign wealth funds are inflating the Silicon Valley bubble

Flickr/Steve Jurvetson

Analysis & Opinions - The Conversation

How Sovereign Wealth Funds Are Inflating the Silicon Valley Bubble

| Aug. 21, 2018

Elon Musk jolted markets and shareholders when he tweeted his intention to take his electric car company, Tesla, private. Saudi billions, he proposed, could help the company escape the pressures of being publicly listed. In a blog post, Musk said that “the Saudi Arabian sovereign wealth fund [had] approached [him] multiple times about taking Tesla private”.