Economics & Global Affairs

201 Items

 In this June 10, 2019, file photo, a man walks past a money exchange shop decorated with different banknotes at Central, a business district of Hong Kong.

AP Photo/Kin Cheung, File

Analysis & Opinions - Belfer Center for Science and International Affairs

The Financial Implications of Deploying Sanctions in Hong Kong

| Aug. 19, 2019

If a symbolic denouncement is indeed the goal, Magnitsky sanctions are likely the right tool, as they would send a powerful message of solidarity with protestors to both the Hong Kong and mainland authorities. 

The oil tanker Stena Impero in an Iranian port

(Tasnim News Agency/via AP)

Analysis & Opinions - The Washington Post

Oil Probably Won’t Cause a War with Iran, but It Certainly Adds Fuel to the Blaze

    Author:
  • Jeff D. Colgan
| July 20, 2019

The relationship between oil and war is complicated—and much of the time, oil disputes are resolved peacefully. The more dangerous disputes are those where tensions over oil exacerbate other factors on the road to war.

Capital Choices: Sectoral Politics and the Variation of Sovereign Wealth

University of Michigan Press

Book - University of Michigan Press

Capital Choices: Sectoral Politics and the Variation of Sovereign Wealth

| July 2019

Capital Choices analyzes the creation of different SWFs from a comparative political economy perspective, arguing that different state-society structures at the sectoral level are the drivers for SWF variation. Juergen Braunstein focuses on the early formation period of SWFs, a critical but little understood area given the high levels of political sensitivity and lack of transparency that surround SWF creation. Braunstein’s novel analytical framework provides practical lessons for the business and finance organizations and policymakers of countries that have created, or are planning to create, SWFs.

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.

Grand Bazaar, Tehran, Iran

Wikicommons

Analysis & Opinions - The Brookings Institution

Iran’s Economy 40 Years after the Islamic Revolution

| Mar. 14, 2019

Unlike the socialist revolutions of the last century, the Islamic Revolution of Iran did not identify itself with the working class or the peasantry, and did not bring a well-defined economic strategy to reorganize the economy. Apart from eliminating the interest rate from the banking system, which was achieved in name only, the revolution put forward few specific economic policies that could be called an Islamic economic development strategy. To be sure, its populist and pro-poor rhetoric was quite distinct from the Pahlavi regime it replaced, but its actual policies could be found in the toolboxes of most developing countries and international organizations.

Astana, Kazakhstan

Getty Images

Analysis & Opinions

Kazakhs Wary of Chinese Embrace as BRI Gathers Steam

| Feb. 28, 2019

Following on our annual conference, in which China’s Belt and Road Initiative was discussed in detail, Philippe Le Corre of the Mossavar-Rahmani Center for Business and Government at the Harvard Kennedy School writes about the perceptions that Beijing will have to overcome in Kazakhstan, where the government is keen on investment, but the people less so.

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.

A map of Northern Ireland within the United Kingdom and Europe

Alphathon/ Wikimedia

Analysis & Opinions - The Washington Post

Sacrificing Peace in Northern Ireland is Not Acceptable Price for Brexit

| Dec. 20, 2018

If anyone needs tidings of comfort and joy this holiday season, it is the long-suffering people of Northern Ireland. The unique challenges posed by the Irish border vexed more than 18 months of Brexit negotiations and could still scupper a deal. As the end game nears, the peace process is not a price worth paying.