Economics & Global Affairs

336 Items

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

EVENT DEBRIEF: The Future of Ukraine: Reconstruction, Energy Security, and Innovation

| Apr. 18, 2023

The following is an event write-up about the recent Future of Diplomacy Project (FDP) seminar on “The Future of Ukraine: Reconstruction, Energy Security, and Innovation” moderated by Ambassador Paula J. Dobriansky, Senior Fellow with the Future of Diplomacy Project. 

The countries' flags are seen on the table during a meeting between Secretary of Defense Lloyd Austin and Australian Deputy Prime Minister and Minister of Defense Richard Marles at the Pentagon, Monday, Dec. 5, 2022, in Washington.

AP Photo/Alex Brandon

Paper - Australian Strategic Policy Institute

Australia-US Technology Collaboration for Defense

| Nov. 29, 2022

In this paper, I propose five key science and technology areas for greater US-Australia collaboration that carry significant national security and defence risks for both countries. Rapid progress against these challenges will position us for success and strengthen our resilience against groups that seek to undermine the global rules-based order. 

Book - University of Michigan Press

Capital Choices: Sectoral Politics and the Variation of Sovereign Wealth

| Mar. 07, 2022

Capital Choices analyzes the creation of different SWFs from a comparative political economy perspective, arguing that different state-society structures at the sectoral level are the drivers for SWF variation. Juergen Braunstein focuses on the early formation period of SWFs, a critical but little understood area given the high levels of political sensitivity and lack of transparency that surround SWF creation. Braunstein’s novel analytical framework provides practical lessons for the business and finance organizations and policymakers of countries that have created, or are planning to create, SWFs.

Ronald Reagan attacked the deficits in his 1980 presidential campaign but once he took over, he and the GOP-controlled Congress launched a programme of extensive tax cuts.

Dennis Cook/AP

Analysis & Opinions - The Guardian

Republicans Are Rediscovering the Dangers of Budget Deficits

| Jan. 26, 2021

High among the US president Joe Biden’s many priorities is reinvigorating an economy that – judging by the latest employment numbers – appeared to be slowing as 2021 began. Even if Covid-19 abates during the course of the year, and pent-up consumer demand kicks in, the US faces immediate challenges in areas such as education, infrastructure investment, state and local finances, and especially the fight against the pandemic itself.

Servers keep digital currency transactions flowing at light-speed in Ashburn, Va., outside Washington, where Visa has built one of the world's most advanced processing networks, Wednesday, Dec. 29, 2010.

AP Photo/J. Scott Applewhite

Policy Brief

Central Bank Digital Currencies: Tools for an Inclusive Future?

| September 2020

In this brief, we outline the common motivations driving central bank work on CBDCs. We then explore CBDCs’ potential impacts on financial inclusion, a primary motivation in developing and emerging markets that has also gained significant traction in developed economies during the COVID-19 related global recession. We conclude that for CBDCs to achieve its financial inclusion goals, more technical advancement in offline adaptability and policy deliberations around issues of identity and traceability are needed. 
 

Different Swedish bank notes and coins.

Sven-Erik Johansson/AP

Analysis & Opinions - Telos

Post COVID-19 Economy: State Capitalism with Expiration Date

| June 25, 2020

As economies begin to orient themselves towards recovery and growth in a post-COVID-19 era, they will first need to disentangle themselves from their prior bedfellows, the state, whose courtship was necessary for survival during the pandemic.  Such bedfellow relationships have become increasingly common as government intervention is urgently needed for economic stabilization. Governments have also embraced their new role with vigor. According to the IMF, as of April 2020, countries have committed around $8 trillion to combat the pandemic and to remedy its ill effects on economies and societies. Decisions about how this money will be spent will undoubtedly recalibrate the logic of capitalism for years to come.