Economics & Global Affairs

David Kearn argues that even in the absence of restrictive resource and budgetary constraints, a focus on identifying and achieving concrete objectives that will position the United States and its allies to effectively deter aggression in critical regional flashpoints should be the priority given the stressed nature of the defense industrial base and the nuclear enterprise.

This paper examines the understudied role of international engagement, and of specific international actors, in greening China’s Belt-and-Road Initiative.

On December 3, 2022, Nicola De Blasio, Senior Fellow with the Belfer Center’s Environment and Natural Resources Program (ENRP), chaired a panel discussion, “Is Hydrogen Our Future?,” at the Rome MED – Mediterranean Dialogue (Rome MED), an annual high-level conference on Mediterranean geopolitics. The panel discussion was part of ENRP’s Future of Hydrogen project’s ongoing engagement with global policymakers, who are increasingly viewing hydrogen as a solution to meeting their decarbonization and energy security goals. 

The European Union (EU) is highly competitive in clean technologies manufacturing and thus well-positioned to benefit from the emergence of global hydrogen markets. But a narrow focus on short-term cost considerations could drive member states to implement national roadmaps with little or no coordination among themselves and hence little or no chance of competing globally.

"One of the last ties of an economically declining Russia to Western Europe, Nord Stream must become part of a broader transatlantic strategy which combines shorter-term policy goals to deal with Moscow’s aggressive behavior and a longer-term effort to keep a door open for a more cooperative relationship”

John P. Holdren and coauthors argue that the next presidential administration must renew its commitment to investing in science and technology regardless of who wins in November. The United States is facing a great host of challenges that underscore the urgent need for renewed investment in the science and technology enterprise and the rapid application of new scientific knowledge and advanced technology to solve complex problems.

Joseph Nye writes that the world is increasingly obsessed with the ongoing power struggle between the United States and China. But the technology-driven shift of power away from states to transnational actors and global forces brings a new and unfamiliar complexity to global affairs.

Bruce Schneier writes that efficient systems have limited ability to deal with system-wide economic shocks: shocks that have been coming with increased frequency. These shocks are caused by global pandemics, climate change, financial crises, and political crises. In order to be secure against these crises and more, redundancy, diversity, and overcapacity need to be added back into certain systems.

The Belt and Road Initiative (BRI) is an important cooperative framework that increasingly affects the global economy, trade, and emission patterns. However, most existing studies pay insufficient attention to consumption-based emissions, embodied emissions, and non-CO2 greenhouse gases (GHGs). This study constructs a GHG emissions database to study the trends and variations in production-based, consumption-based, and embodied emissions associated with BRI countries

Stephen Walt and Bruce Schneier are two of the ten leading global thinkers that Foreign Policy invited to each give their take on an expansion of government powers as a result of the coronavirus pandemic.