International Relations

With 28th Conference of the Parties (COP 28) of the United Nations Framework Convention on Climate Change well underway, Jonathan Banks, the global director of the Methane Pollution Prevention Program at the Clean Air Task Force (CATF), is the guest in a special mid-COP episode of “Environmental Insights: Discussions on Policy and Practice from the Harvard Environmental Economics Program.” The podcast is produced by the Harvard Environmental Economics Program.

Joseph Nye writes that Washington's strategy towards Beijing should be to avoid either a hot or cold war, co-operate when possible and marshal its assets to shape China's external behaviour. This can be done through deterrence and a strengthening of both alliances and international institutions.

During foreign policy disputes involving China and some of its most important commercial partners, why do local leaders punish or protect foreign commercial actors? The decision comes down to the political incentives facing each local leader. Understanding this variation is important because how local leaders treat foreign businesses can influence the overall effectiveness of the Chinese government’s economic coercion against foreign states. 

Power transitions affect a state’s ability to exercise economic statecraft. As a dominating and a rising power approach parity, they face structural incentives to decouple their economies. This decoupling affects business-state relations: high-value businesses within the dominant power tend to oppose their state’s economic statecraft because of its costs to them, whereas low-value businesses within the rising power tend to cooperate because they gain from it. 

Joseph Nye writes that if the United States maintains its alliances, invests in itself, and avoids unnecessary provocations, it can reduce the probability of falling into either a cold war or a hot war with China. But to formulate an effective strategy, it will have to eschew familiar but misleading historical analogies.

Stephen Walt analyzes the priority that the United States should place on competing with China by asking and answering five questions.

Michael Lipin interviews Project on Managing the Atom Associate Nicole Grajewski on why Iran may not benefit much from its new membership of Shanghai Cooperation Organization.

Joseph Nye argues that official statements about India and America's "shared values" do not make an alliance. Following the basic logic of balance-of-power politics, India and the United States seem fated not for marriage but for a long-term partnership — one that might last only as long as both countries remain preoccupied with China.

Overall, "sanctions-proofing" activities by governments do not offer an impermeable shield against financial sanctions due to the strength of the US dollar, the reach of multilateral sanctions, and the speed with which coordinated sanctions can be imposed. However, some sanctions-proofing strategies enable governments to continue pursuing their goals despite sanctions pressure. Analysis of Russia's adaptations to the sanctions should temper expectations of sanctions' ability to alter wartime behavior. The threat of sanctions did not deter war and the initial imposition of sanctions did not coerce a change in the decision to wage war.

Stephen Walt argues that the conditions that allowed the United States to dominate the Western Hemisphere and exclude other major powers do not exist in Asia today.