Economics & Global Affairs

259 Items

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.

Blog Post - Views on the Economy and the World

Moore Troubles for the Fed

Apr. 30, 2019

Of the two men whom Donald Trump had intended to nominate to empty seats on the Federal Reserve Board, Herman Cain has now withdrawn his name.  This leaves the other one, Stephen Moore.

The Senate would have to decide whether to confirm Moore. He has some problems roughly analogous to Cain’s:  he is considered to be under an ethical cloud and he often gets his economic facts wrong.  Cynics might respond that he would thereby fit right in with the roster of Trump nominees throughout the government.  But Trump’s earlier appointments to the Fed have been people of ability and integrity and have been doing a good job, Chair Jerome Powell in particular. Perhaps Trump did not start paying attention to Fed appointments until recently.

 

 

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.

Russia's Energy Foray into Asia: Implications for U.S. Interests

kees torn/Flickr

Paper - National Bureau of Asian Research

Russia's Energy Foray into Asia: Implications for U.S. Interests

This essay examines Russia’s growing role in Asia’s energy markets, assesses the implications for the U.S., and examines the claim that closer Sino-Russian energy ties are adding new incentives for a broader strategic alignment.

President Donald Trump Visits the American Cemetery of Suresnes, Outside Paris

NBC News

Analysis & Opinions - Los Angeles Times

Trump, Stung by Midterms and Nervous About Mueller, Retreats From Traditional Presidential Duties

| Nov. 13, 2018

For weeks this fall, an ebullient President Trump traveled relentlessly to hold raise-the-rafters campaign rallies — sometimes three a day — in states where his presence was likely to help Republicans on the ballot.

But his mood apparently has changed as he has taken measure of the electoral backlash that voters delivered Nov. 6. With the certainty that the incoming Democratic House majority will go after his tax returns and investigate his actions, and the likelihood of additional indictments by special counsel Robert S. Mueller III, Trump has retreated into a cocoon of bitterness and resentment, according to multiple administration sources.

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.

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.

LNG Carrier

Wikimedia Commons

Analysis & Opinions - Bloomberg Opinion

Chinese Tariffs on U.S. Energy Would Signal a New Attitude

| July 10, 2018

In placing retaliatory tariffs on certain goods and products, America’s trade partners have signaled how well they understand American politics. By targeting products from areas supportive of President Donald Trump, they clearly hope to generate pressure to lift U.S. tariffs or even create broader political problems for the president. But China is sending much more interesting — and complex — messages with its indication that it may place retaliatory tariffs on U.S. energy exports.