Economics & Global Affairs

Ambassador Nicholas Burns addressed the Confederation of Indian Industry's Annual Session 2020.

The peer-reviewed update of ENRP's ongoing research on renewable hydrogen is featured in the June volume of Geopolitics, History, and International Relations, an academic journal of which Dr. Nicola de Blasio is now also an editor.

The World Bank on May 19, as it does every six years, released the results of the most recent International Comparison Program (ICP), which measures price levels and GDPs across 176 countries.  The new results are striking.  It is surprising that they have received almost no attention so far, perhaps overshadowed by all things coronavirus.

For the first time, the ICP shows China’s total real income as slightly larger than the US.  It reports that China’s GDP was $19,617 billion in 2017, in Purchasing Power Parity (PPP) terms, while the United States’ GDP stood at $19,519 billion.

Jason Furman speaks with NPR about his theory that the economy could be a winner for Republicans this fall. 

Juergen Braunstein and Sachin Silva argue that sovereign wealth funds may be central to governments' efforts to balance public responsibility with private interests in post-pandemic economies.

Former Foreign Minister Yoon Young-Kwan and Joseph Nye, professor emeritus at Harvard Kennedy School, discuss COVID-19 challenges at a forum hosted by the Korean Foundation and Harvard Kennedy School’s Belfer Center and broadcast live on YouTube on Wednesday.

Once again, new economic readings from the World Bank's International Comparison Program have fed into the long-going debate over whether China is surpassing the United States as an economic and financial power. And once again, the answer to that question is a qualified "no."

When assessing the Trump administration, let’s make sure that our outrage meters are well-calibrated, so that we don’t waste time on trivial topics. A case in point is the recent uproar over the “Madison Dinners” held by Secretary of State Mike Pompeo and his wife, Susan.

The Covid-19 recession started with a sudden shuttering of many businesses, a nationwide decline in consumption and massive increase in unemployment. But starting around April 15, when economic reopening started to spread but the overall numbers still looked grim, Furman noticed some data that pointed to the kind of recovery that economists often see after a hurricane or industrywide catastrophe like the Gulf of Mexico oil spill.

My friend Alberto Alesina, the Nathaniel Ropes professor of political economy at Harvard, died of an apparent heart attack while on a walk with his wife, Susan, on Saturday. His loss comes a shock and a tragic blow to all who knew him and to a broad scholarly community. Less than eight hours before his death, he was corresponding with colleagues about ongoing research. It is hard to imagine the field of political economy without him.