Economics & Global Affairs

2 Items

Customers shop for vegetables at a supermarket in Hangzhou, China, 14 Oct. 2011. China’s inflation eased somewhat in September, but food costs, a major force behind price rises, remained stubbornly high by jumping 13.4 percent, the same as in August.

AP Photo

Policy Brief - Quarterly Journal: International Security

To Stay Ahead of China, Stay Engaged in Asia

| January 2012

"China narrowed the gap in terms of gross domestic product (GDP) and will likely overtake the United States as the world's largest economy sometime between 2015 and 2040. What matters for national power, however, is not gross wealth, but net wealth—the wealth left over after people are clothed and fed. China's 1.3 billion people produce a large volume of output, but they also consume most of it immediately, leaving little left over for national purposes."

12th Summit of the Common Market for Eastern and Southern Africa, COMESA, at the United Nations Complex in Nairobi, Kenya, May 22, 2007. Leaders of Africa's largest trade bloc discuss a timetable for creating a 20-state customs union.

AP Photo

Policy Brief - Science, Technology, and Globalization Project, Belfer Center

Africa Can Feed Itself in a Generation

| January 2011

African agriculture is at a crossroads. Persistent food shortages are now being compounded by new threats arising from climate change. But Africa also has three major opportunities that can help transform its agriculture to be a force for economic growth. First, advances in science, technology, and engineering worldwide offer Africa new tools needed to promote sustainable agriculture. Second, efforts to create regional markets will provide new incentives for agricultural production and trade. Third, a new generation of African leaders is helping the continent focus on long-term economic transformation.