Economics & Global Affairs

51 Items

Analysis & Opinions - Project on Europe and the Transatlantic Relationship

Ambassador Romana Vlahutin: The EU's Connectivity Strategy

| May 10, 2019

As part of the Project on Europe and the Transatlantic Relationship’s (PETR) event series, Ambassador Romana Vlahutin, Ambassador at Large for Connectivity in the European External Action Service, addressed the EU’s new Connectivity Strategy in conversation with Philippe Le Corre, PETR affiliate and senior fellow with Harvard Kennedy School's Mossavar-Rahmani Center on Business and Government at the Harvard Kennedy School.

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.

The flag of the People’s Republic of China flies on the U.S.S. Ronald Reagan during a port call in Hong Kong, November 21, 2018

AP / Kin Cheung

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

Coherence and Comprehensiveness: An American Foreign Policy Imperative

| March 2019

As the United States now confronts the prospect of a multi-faceted and quite possibly generational competition with China—underscored not only by recent Trump Administration public statements but also by the clear emergence of bipartisan support for a firm posture against certain Chinese practices—it is essential that U.S. policymakers take steps to ensure our approach is as coherent and comprehensive as possible. (As we make this point, we offer our hope that the relationship between the U.S. and China, unquestionably the most important in the world, can evolve into one that is mutually beneficial and avoids confrontation.

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.

Graham Allison on Bloomberg

Bloomberg

News - Bloomberg

China May Be On Collision Course with U.S., Harvard's Allison Says

| Oct. 04, 2018

Graham Allison, Douglas Dillon Professor of Government at Harvard Kennedy School, said in an interview with Bloomberg that China is rivaling the U.S. in virtually every domain. Because of the dynamic between these two powers, Allison warned that the future will be "extremely dangerous."

The Silk Road between a Rock and a Hard Place: Russian and Chinese Competition for Central Asia's Energy

kremlin.ru/Wikimedia Commons

Analysis & Opinions - Insight Turkey

The Silk Road between a Rock and a Hard Place: Russian and Chinese Competition for Central Asia's Energy

| Oct. 01, 2018

China’s displacement of Russian economic influence in Central Asia is generating great interest in Western academic and policy circles, but this research has, as yet, yielded few analytical nuances. This article attempts to shed light on the under-researched question of what explains Central Asian governments’ failure to more effectively capitalize on the growing Central Asian rivalry between Russia, China, the United States, Turkey, Iran, South Korea, Japan, and other regional powers that, since the early 1990s, has been overwhelmingly directed towards strategic energy considerations and hydrocarbon interests.

President Donald Trump addressing the United Nations

Getty Images

Analysis & Opinions - Deep State Radio

Enough About My Solipsism, What Do You Think of My Solipsism?

| Sep. 25, 2018

We have the most solipsistic president in American history offering up the most solipsistic foreign policy ever at a time when the me-me-me generation are busy taking selfies and other pols the planet over are trying to play that self-centeredness to their advantage. Have we reached Peak Solipsism? And what does that mean for the international system. We discuss in honor of and in the context of this week’s meeting of the UN General Assembly in New York City with David Rothkopf in New York, Ambassador Nicholas Burns in Cambridge, Massachusetts, Rosa Brooks in Washington, DC and Kori Schake in London, England.

The AI Advantage of Nations in the Fourth Industrial Revolution

geralt/Pixabay

Analysis & Opinions - Global Policy

The AI Advantage of Nations in the Fourth Industrial Revolution

| Apr. 17, 2018

Like revolutions in the past the on-going AI revolution will produce winners and losers. The first industrial revolution in the 18th century changed the world of production and paved the way for Britain’s global leadership. Similarly, the current digital revolution is redefining the service sector and China’s role in the world.

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Journal Article - Global Policy

The Case for Economic Development Through Sovereign Investment: A Paradox of Scarcity?

| Apr. 14, 2018

Sovereign wealth funds (SWFs) have traditionally been created to recycle excess reserves from natural resource or non‐commodity revenues. However, in recent years funds are being established under conditions of capital scarcity with objectives to contribute domestic economic development, often through the buildout of national infrastructure programs. Such trends in new fund creation represent a fundamental shift in the sovereign wealth fund paradigm and raise serious questions about how these entities are to be capitalized and also the implications of capitalization models on their sustainability. This study examines the recent evolution of SWF models focused on economic development. Its analytic focus is drawn, in particular, to countries that are neither endowed with oil wealth, nor otherwise enjoy export surpluses to be used to capitalize a development‐oriented SWF. While this study is relevant to and expands the scope of the broad literature on SWFs, its specific contribution is as a focused analysis of how SWF funding sources impact achieving long‐term financial and socio‐economic development objectives.