Economics & Global Affairs

241 Items

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.

The Rise of Silicon China

Wang He/Getty Images

Analysis & Opinions - Project Syndicate

The Rise of Silicon China

| Apr. 03, 2018

Key features of Chinese history and culture have put it in a position to become the global leader in artificial-intelligence technologies, surpassing even the tech giants of Silicon Valley. But to do so, China will need to overcome economic hurdles – both at home and abroad – that could stand in its way.

President Donald Trump and First Lady Melania Trump pose for a photo with Chinese President Xi Jingping and his wife, Mrs. Peng Liyuan, Thursday, April 6, 2017, at the entrance of Mar-a-Lago in Palm Beach, FL (Official White Photo by D. Myles Cullen)

Official White Photo by D. Myles Cullen

Magazine Article - The Atlantic

What Xi Jinping Wants

| May 31, 2017

"Within a month of becoming China’s leader in 2012, Xi specified deadlines for meeting each of his 'Two Centennial Goals.' First, China will build a 'moderately prosperous society' by doubling its 2010 per capita GDP to $10,000 by 2021, when it celebrates the 100th anniversary of the Chinese Communist Party. Second, it will become a 'fully developed, rich, and powerful' nation by the 100th anniversary of the People's Republic in 2049. If China reaches the first goal— which it is on course to do—the IMF estimates that its economy will be 40 percent larger than that of the U.S. (measured in terms of purchasing power parity). If China meets the second target by 2049, its economy will be triple America's."

Cluver, Chaudhry and Najam

Benn Craig/Belfer Center

News

Ambassador of Pakistan to the US: "Now is the ideal time to reset relations."

| Apr. 27, 2017

Two days after presenting his credentials to President Trump, His Excellency Aizaz Ahmad Chaudhry, the newly appointed Ambassador of Pakistan to the United States, expressed optimism about bilateral relations between the two countries. Respondent Adil Najam, Dean of the Frederick S. Pardee School of Global Studies at Boston University, was more cautious in his assessment of the relationship after years of "reset."

President Donald Trump and Chinese President Xi Jinping, with their wives, first lady Melania Trump and Chinese first lady Peng Liyuan are seated during a dinner at Mar-a-Lago, Thursday, April 6, 2017, in Palm Beach, Fla. Ivanka Trump, the daughter and assistant to President Donald Trump, and White House senior adviser Jared Kushner are seated at left. (AP Photo/Alex Brandon)

AP Photo/Alex Brandon

Analysis & Opinions - The Washington Post

The most important economic challenge that China poses

| Apr. 09, 2017

Focusing on China’s trade deficit with the United States is largely misguided. Yes, China subsidizes various exports to the rest of the world in a number of ways. But if the United States succeeds in stopping the subsidies or blocking the subsidized products, the result will be that companies will shift production to Vietnam and other low-wage countries—not create good jobs in the United States.

A worker refurbishes a lamp post in Beijing blanketed by heavy smog

AP

Analysis & Opinions - Bulletin of the Atomic Scientists

Ideology Trumps Science

| Mar. 31, 2017

"President Donald Trump's executive actions of earlier this week, which attempt to undermine progress made under President Barack Obama to combat the menace of human-caused climate change, are yet another example of the new administration's propensity to let blind ideology "trump" clear-eyed science and good sense."

Copies of Trump's budget

AP

Analysis & Opinions - Belfer Center for Science and International Affairs, Harvard Kennedy School

Comment on Trump Budget Numbers Released Thursday, March 16, 2017

| Mar. 16, 2017

If this budget or anything close to it were enacted into law, the result would be a severe setback for international relations and America's standing in the world; for clean air and water for Americans: for progress in conquering cancer, influenza, and Alzheimer's; for the fight against human-caused climate change; for U.S. leadership in science and technology; for culture and the arts; and, yes, for American business, which depends on government services far more heavily than is generally recognized.  It can only be hoped that this misguided budget will be resoundingly rejected by Congress on a bipartisan basis.

John P. Holdren, Ph.D.

Teresa and John Heinz Professor of Environmental Policy, Harvard Kennedy School of Government

Senior Advisor to the President, The Woods Hole Research Center

Formerly President Obama’s Science Advisor and Director of the White House Office of Science and Technology Policy (January 2009 – January 2017)

A currency trader calculates Malaysian ringgit notes at a currency exchange store in Kuala Lumpur, Malaysia on Tuesday, Sept. 29, 2015. (AP Photo/Joshua Paul)

(AP Photo/Joshua Paul)

Analysis & Opinions - Project Syndicate

Addicted to Dollars

| Mar. 02, 2017

Since the end of World War II, the United States’ share in world GDP has fallen from nearly 30% to about 18%. Other advanced economies have also experienced sustained declines in their respective slices of the global pie. But you wouldn’t know it from looking at the international monetary system.