Economics & Global Affairs

580 Items

Houthi supporters attend a rally

AP/Osamah Abdulrahman

Analysis & Opinions - Foreign Affairs

Iran's New Best Friends

| Jan. 29, 2024

Mohammad Tabaar argues that the attacks on Red Sea ships unintentionally advance the Houthis agenda by allowing it to claim that it is fighting imperialism, and the attacks help Iran by fortifying its political foothold in the Middle East. Washington should therefore cease the strikes. It should, instead, work to halt the war in Gaza. The United States should also try to strengthen the region's diplomatic agreements and shore up its security framework. Otherwise, the Houthi-Iranian partnership will only grow stronger, as will Tehran's leverage in the region.

A Life In The American Century Author: Joseph S. Nye Jr.

AUTHOR PHOTOGRAPH © MARTHA STEWART

Magazine Article - Newsweek

Don't 'Jeopardize Free Speech That Is Fundamental' to Harvard, Says Prof

    Author:
  • Meredith Wolf Schizer
| Jan. 24, 2024

In this Q&A, Joseph S. Nye talks about his advice for the interim and future president of Harvard in the wake of Claudine Gay's resignation, which countries should be highest on our radar to prevent the threat of nuclear war, what role the U.S. should play in the Russia-Ukraine war, the significance of U.S. alliances in the Middle East, and more.

a Houthi forces helicopter approaching the cargo ship Galaxy Leader

Houthi Media Center via AP

Analysis & Opinions - The Atlantic

The Middle East Conflict That the U.S. Can't Stay Out Of

| Dec. 24, 2023

Juliette Kayyem argues that the sooner President Joe Biden acknowledges that the United States will likely be drawn into a fight to protect shipping traffic through the Suez Canal, the more time the U.S. military has to plan, and the less severe the harm will be to the global economy.

President Joe Biden greets China's President President Xi Jinping

Doug Mills/The New York Times via AP, Pool, File

Analysis & Opinions - Financial Times (London)

America Should Aim for Competitive Coexistence with China

| Nov. 16, 2023

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.

"Speaking of Leaks," cartoon, Independent, January 29, 1917.

Wikimedia Commons

Journal Article - Quarterly Journal: International Security

"Wars without Gun Smoke": Global Supply Chains, Power Transitions, and Economic Statecraft

    Authors:
  • Ling S. Chen
  • Miles M. Evers
| Fall 2023

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. 

traffic in Hanoi, Vietnam

AP/Hau Dinh, File

Analysis & Opinions - Project Syndicate

Not Destined for War

| Oct. 02, 2023

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.

Gate of Tianjin Free-Trade Zone. A brightly lit arch over a nighttime roadway. A brightly lit pillar appears in the background.

Wikimedia Commons

Journal Article - Quarterly Journal: International Security

Collective Resilience: Deterring China’s Weaponization of Economic Interdependence

    Author:
  • Victor Cha
| Summer 2023

China leverages its market in a form of “predatory liberalism” that weaponizes the networks of interdependence created by globalization. ne response to China’s bullying would be for its targets to form an alliance to retaliate against China’s high-dependence trade should Beijing act against any alliance members. 

Driverless trucks move shipping containers at an automated port in Tianjin, China, Monday, Jan. 16, 2023. China's exports fell 7.5% from a year ago in May, 2023, and imports were down 4.5%, adding to signs an economic recovery is slowing.

AP Photo/Mark Schiefelbein

Analysis & Opinions - The Wall Street Journal

China Relies on U.S., Allies for Hundreds of Products

    Author:
  • Timothy W. Martin
| Aug. 09, 2023

China has at least a 70% dependence on the U.S. and its allies for more than 400 items, ranging from luxury goods to raw materials needed for Chinese industries, a new analysis of trade data has found. (...) The analysis, set to publish Wednesday in the International Security academic journal, uses data from the United Nations Comtrade database, which tracks official global trade statistics. China’s high-dependency exposure was calculated by bundling together trade activity from the U.S. and more than a dozen allies across a range of categories.

Donald Trump

AP/Evan Vucci, File

Analysis & Opinions - Project Syndicate

If Trump Returns

| May 31, 2023

Joseph Nye explores what a second Donald Trump presidency may mean for U.S. foreign policy and the world? While the man himself is unpredictable, his first term and his behavior since losing re-election in 2020 offer plenty of clues, none of which would be comforting to America's allies.