Economics & Global Affairs

36 Items

Dutch lawmaker Geert Wilders talks to reporters as he arrives at at Quicken Loans Arena before the start of the second day session of the Republican National Convention in Cleveland, Tuesday, July 19, 2016.

(AP Photo/Carolyn Kaster)

Analysis & Opinions - Project Syndicate

Putting the Populist Revolt in Its Place

| October 6, 2016

In many Western democracies, this is a year of revolt against elites. The success of the Brexit campaign in Britain, Donald Trump’s unexpected capture of the Republican Party in the United States, and populist parties’ success in Germany and elsewhere strike many as heralding the end of an era. As Financial Times columnist Philip Stephens put it, “the present global order – the liberal rules-based system established in 1945 and expanded after the end of the Cold War – is under unprecedented strain. Globalization is in retreat.”

In fact, it may be premature to draw such broad conclusions.

Some economists attribute the current surge of populism to the “hyper-globalization” of the 1990s, with liberalization of international financial flows and the creation of the World Trade Organization – and particularly China’s WTO accession in 2001 – receiving the most attention. According to one study, Chinese imports eliminated nearly one million US manufacturing jobs from 1999 to 2011; including suppliers and related industries brings the losses to 2.4 million.

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Analysis & Opinions - The Oregonian

The Islamic State has made a big mistake

| July 7, 2016

In the global revulsion at the recent terror attacks in four Muslim countries, the United States and its allies have a new opportunity to build a unified command against the Islamic State and other extremists. FDP Senior Fellow David Ignatius examines the diplomatic relationships needed to create an effective counterterrorism strategy.

Prince Mohammed Bin Salman of Saudi Arabia

Wikimedia Commons

Analysis & Opinions - The Washington Post

A 30-Year-Old Saudi Prince Could Jump-Start The Kingdom - Or Drive It Off A Cliff

| June 28, 2016

The tensions unsettling the Saudi royal family became clear in September, when Joseph Westphal, the U.S. ambassador to Riyadh, flew to Jiddah to meet Crown Prince Mohammed bin Nayef, nominally the heir to the throne. But when he arrived, he was told that the deputy crown prince, a brash 30-year-old named Mohammed bin Salman, wanted to see him urgently. Senior Fellow, David Ignatius, discusses Mohammed bin Salman opportunity to transform Saudi Arabia.

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News

Ukrainian Finance Minister On Making Change Happen In Ukraine

Sep. 30, 2015

Finance Minister of Ukraine and HKS alumna, Natalie A. Jaresko MPP 1989, participated in a conversation with Future of Diplomacy Project Faculty Director R. Nicholas Burns titled “Ukraine: Making Change Happen” on September 23. Minister Jaresko commented on the current state of economic reforms and debt restructuring in Ukraine, pairing her incisive analysis with descriptions of personal experiences working at a high-level in governments in both the US and Ukraine.

Analysis & Opinions - Foreign Policy

The Myth of the Better Deal

| August 10, 2015

"The most obvious example of magical thinking in contemporary policy discourse, of course, is the myth of a 'better deal' with Iran. Despite abundant evidence to the contrary, opponents of the JCPOA keep insisting additional sanctions, more threats to use force, another round of Stuxnet, or if necessary, dropping a few bombs, would have convinced Iran to run up the white flag and give the United States everything it ever demanded for the past 15 years."

A 2014 meeting between President Barack Obama and Chinese President Xi Jinping in the Netherlands

US Embassy, The Hague

Analysis & Opinions

Shunning Beijing's infrastructure bank was a mistake for the US

| June 7, 2015

The Obama administration’s negative response to China’s proposed Asian Infrastructure Investment Bank was a strategic mistake. Though some Chinese moves might be destabilising and require US resistance, this initiative should have been welcomed.

The US should be careful about opposing ventures that are popular and likely to proceed. Losing fights does not build confidence. Moreover, the new bank’s purpose — to develop infrastructure in Asia — is a good goal. The world economy needs more growth. Many emerging markets are eager to boost productivity and growth by lowering costs of transportation, improving energy availability, enhancing communications networks, and distributing clean water.

The AIIB offers an opportunity to strengthen the very international economic system that the US created and sustained. The AIIB’s designated leader, Jin Liqun, a former vice-president of the Asian Development Bank, sought advice in Washington. He engaged an American lawyer who was the World Bank’s leading specialist on governance. He also reached out to another American who had served as World Bank country director for China and then worked with the US embassy.

If the AIIB was indeed threatening the American-led multilateral economic order, as its opponents seemed to believe, then its Chinese founders chose a curiously open and co-operative way of doing so.

An Egyptian Army Helicopter flies over a crowd of pro-military demonstrators at Tahrir Square on July 26, 2013 in Cairo, Egypt.

AP Images

News

Podcast Collection: Rethinking the Arab State - Spring 2015 MEI Study Group with Prof. Michael C. Hudson

May 13, 2015

Audio recordings from MEI's Spring 2015 Study Group Rethinking the Arab State: the Collapse of Legitimacy in Arab Politics, with Professor Michael C. Hudson.

During the Spring 2015 semester, Prof. Hudson hosted a distinguished group of scholars to re-examine the foundational concepts of legitimacy, the state, civil society, religion, and regional stability in the wake of the Arab Uprisings.

News

Podcast: Saudi Arabia's Foreign Policy Amidst Regional Instability with Prince Turki Al Faisal

    Author:
  • Prince Turki Al Faisal
| November 18, 2014

An audio recording from His Royal Highness Prince Turki Al Faisal of the Kingdom of Saudi Arabia, former Saudi Arabian Ambassador to the United States (2005-2007) and former Director General of Saudi Arabia's General Intelligence Directorate (1977-2001).

On November 18, 2014 Prince Turki spoke on regional instability and forces at work in the region, including power politics, energy markets, violent extremism, and theological divides, in a public address moderated by Kennedy School professor Nicholas Burns.