Economics & Global Affairs

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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.

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.

Blog Post - Technology and Policy

Africa and Brazil at the Dawn of New Economic Diplomacy

| Feb. 26, 2013

In recent years the major focus of China’s engagement in Africa has been on economic diplomacy. Much of this debate has been influenced by concerns over China’s rise as an economic superpower and the preoccupation with viewing Africa through the jaded natural resource lens. A closer look at Africa’s growing economic diplomacy reveals a more complex picture involving other important emerging market economies as illustrated by economic relations with Brazil. Africa’s relations with Brazil highlight the emergence of BRICS (Brazil, Russia, India, China, and South Africa) as a new economic alliance that is reshaping international trading relations.

Analysis & Opinions - Business Daily

Africa Should Bank on Innovation

| November 13, 2007

"Biotechnology offers a wide range of economic growth opportunities for Africa. But as “Freedom to Innovate”, a biotechnology report on Africa’s Development  shows, the continent needs to locate biotechnology policy in the context of wider economic strategies. Technological development goes hand in hand with overall economic growth and not as an isolated activity."

Journal Article - International Journal of Technology and Globalisation

Introduction: Global Actors, Markets and Rules Driving the Diffusion of Genetically Modified (GM) Crops in Developing Countries

| 2006

"This introductory essay explains how this new technology is being driven by the actors (multinational corporations), markets (large global markets) and rules (intellectual property) of globalisation."

Book - Earthscan

The Gene Revolution: GM Crops and Unequal Development

| December 2006

This is the first book to bridge the gap between the "naysayers" and "cheerleaders", and to provide a penetrating examination of the realities, complexities, benefits and pitfalls of GM adoption in developing countries that are desperately fighting poverty while trying to stay afloat in the hyper-competitive global economy.