Economics & Global Affairs

496 Items

Chinese President Xi Jinping and U.S. President Donald Trump

AP Photo/Pablo Martinez Monsivais

Analysis & Opinions - Nikkei Asian Review

Where Will It End? The US-China Trade War and the Threat to the Global Economy

| June 19, 2019

Making sense of the U.S.-China trade war is difficult in itself. Making sense of how it may provoke a wider economic "decoupling," and impact the long-term strategic relationship between Beijing and Washington, is more difficult again.

 

Dr. Kathleen O’Toole, Dr. Katy Hayward, H.E. Daniel Mulhall, Harriet Cross and Nicholas Burns.

Belfer Center/Benn Craig

Analysis & Opinions - Project on Europe and the Transatlantic Relationship

Brexit, Borders, and the Irish Backstop

| June 03, 2019

As part of the Project on Europe and the Transatlantic Relationship’s (PETR) event series, Nicholas Burns, Roy and Barbara Goodman Family Professor of the Practice of Diplomacy and International Relations, moderated a panel discussion on Brexit and its implications for Ireland featuring H.E. Daniel Mulhall, Ambassador of Ireland to the United States of America; Harriet Cross, British Consul General to New England; Dr. Katy Hayward, 2019 Eisenhower Fellow, Senior Fellow, ‘UK in a Changing Europe’ Initiative and Reader in Sociology at Queen’s University Belfast; and Dr. Kathleen O’Toole, Former Boston Police Commissioner and member of the Independent Commission on Policing for Northern Ireland on May 6th, 2019.

Panorama of Pyongyang, North Korea.

Wikimedia CC/Sven Unbehauen

Analysis & Opinions - Project Syndicate

Deterrence in Cyberspace

| June 03, 2019

Understanding deterrence in cyberspace is often difficult, because  minds remain captured by an image of deterrence shaped by the Cold War: a threat of massive retaliation to a nuclear attack by nuclear means. A better analogy is crime: governments can only imperfectly prevent it.

The European Parliament in tomorrows sitting will discuss the state of the rule of law in Poland.

European Parliament/Flickr

Analysis & Opinions - Carnegie Endowment for International Peace

The Impact of the European Parliament Election on Migration, Trade, and Transatlantic relations

| May 28, 2019

The Carnegie Endowment for International Peace hosted a discussion on the impact of the European Parliament election on issues like migration, trade, and transatlantic relations.

The Real cost of Trump's Tarrifs

Drew Angerer/Getty Images

Analysis & Opinions - Project Syndicate

The Real Cost of Trump’s Tariffs

| May 23, 2019

Whereas winners tend to outnumber losers when trade is liberalized, raising tariffs normally has the opposite result. US President Donald Trump appears to have engineered a spectacular example of this: his trade war with China has hurt almost every segment of the US economy, and created very few winners.

Chinese President Xi Jinping

AP Photo/Pablo Martinez Monsivais

Analysis & Opinions - Axios

Xi's Latest Leverage: U.S. Imports of Chinese Rare-Earth Elements

| May 22, 2019

Five days after Trump moved to cut off American components to Chinese telecoms giant Huawei, President Xi Jinping responded with a subtle threat to strangle America’s supplies of rare earths — the natural elements used in everything from computers to satellites. Xi’s threat demonstrates how the rivalry between a rising China and a ruling U.S. spreads from trade to technology to supply chains, touching every aspect of bilateral relations. The conflict risks massive spillover costs to the global economy.

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.

A traditional Iranian bazaar in the city of Kashan

Wikicommons

Analysis & Opinions - The Hill

Can Iran Weather the Trump Storm?

| May 03, 2019

In the past 10 years, oil exports have averaged about $67 billion in Iran. Last year, they dropped by two-thirds, and they are expected to drop below $30 billion this year.  There are reasons to believe that, with appropriate policies, the country can live with this level of oil exports, albeit at a reduced standard of living, and even do itself some good in the long run by reducing its dependence on oil.

Iran has been there before. In 2012, when President Obama ratcheted up U.S. sanctions against Iran, oil exports dropped by 27.5 percent, and GDP fell by 6.2 percent. In 2015, sanctions and the collapse of oil prices further reduced oil exports to $32 billion, a decade-long low, and GDP declined by 1.6 percent. If Iran’s leadership is to successfully resist U.S. demands, it must do more than find ways to evade sanctions. A lot depends on its ability to adopt a plan that reduces the economy’s dependence on oil, while distributing the burden of restructuring equitably across social groups.

Brexit protest opposite the Palace of Westminster, London.

ChiralJon

Analysis & Opinions - METRO U.N.

What Brexit Means for the World

| May 01, 2019

When contemplating Brexit, particularly a ”hard” Brexit without agreements with the EU, the outside world is deeply puzzled how Britain could produce such a calamitous act of self-harm, severely hurting its economy, undermining its international standing, and possibly threatening its national integrity. While Brexit will hurt the EU economically, it will not undermine the EU’s global role as the world’s second largest economy. Brexit has also had some unexpected effects that strengthen the EU.