Articles

113 Items

Uncovering the Domestic Factor in the Sino-Russian Energy Partnership

World Bank Photo Collection/Flikr

Journal Article - Geopolitics

Uncovering the Domestic Factor in the Sino-Russian Energy Partnership

| Oct. 15, 2018

The article outlines the role of national narratives in driving both Russia and China’s energy foreign policy and goes on to argue that the Sino-Russian gas breakthrough in 2014 was due to the peculiar way in which domestic factors paired with international circumstances to produce the outcome at that particular moment.

teaser image

Journal Article - Middle East Institute

Sovereign Wealth Funds in Small Open Economies

| Apr. 24, 2018

The small open economies of the Gulf and Southeast Asia are pioneers in the establishment of

Sovereign Wealth Funds (SWFs). The SWFs of countries like Qatar and Singapore are among the

world’s largest in terms of total asset size relative to Gross Domestic Product. This article looks

at the different compulsions behind the setting up of SWFs by small open economies.

 

teaser image

Journal Article - Global Policy

The Case for Economic Development Through Sovereign Investment: A Paradox of Scarcity?

| Apr. 14, 2018

Sovereign wealth funds (SWFs) have traditionally been created to recycle excess reserves from natural resource or non‐commodity revenues. However, in recent years funds are being established under conditions of capital scarcity with objectives to contribute domestic economic development, often through the buildout of national infrastructure programs. Such trends in new fund creation represent a fundamental shift in the sovereign wealth fund paradigm and raise serious questions about how these entities are to be capitalized and also the implications of capitalization models on their sustainability. This study examines the recent evolution of SWF models focused on economic development. Its analytic focus is drawn, in particular, to countries that are neither endowed with oil wealth, nor otherwise enjoy export surpluses to be used to capitalize a development‐oriented SWF. While this study is relevant to and expands the scope of the broad literature on SWFs, its specific contribution is as a focused analysis of how SWF funding sources impact achieving long‐term financial and socio‐economic development objectives.

Windmills on shore

Flickr

Journal Article - Oxford Energy Forum

U.S. Energy Diplomacy in an Age of Energy Abundance

| November 2017

For decades, fears of energy scarcity drove American energy diplomacy. The dependence of the global economy on oil, and America’s need to secure ever-growing quantities of this commodity, underpinned complex networks of alliances and intensive diplomatic endeavors. An atmosphere of ever-increasing global competition for resources made these labors all the more urgent and highstakes. Today, in an age of energy abundance, many anticipate that the new US energy prowess will render such efforts obsolete and pave the way for US disengagement in the world. Yet a sober look at reality suggests that this should be far from the case.

Wind turbines in a rapeseed field in Sandesneben, Germany

Flickr/Jürgen Guerito

Journal Article - Nature

The G20 must govern the shift to low-carbon energy

| June 07, 2017

The world's energy system needs rebuilding. The Paris agreement to keep global warming “well below 2 °C above pre-industrial levels” demands that we replace fossil fuels with solar, wind, geothermal and biomass energy. The price tag is vast: investing US$120 trillion in energy projects between 2016 and 2050, at twice the current annual rate of $1.8 trillion a year, will deliver a 66% chance of achieving the Paris target. We must halve oil production and stop using coal to produce electricity.

Earth at night, 2012. People around the world depend upon electric lighting. Generating electricity using increased amounts of non-fossil fuels is critical to slowing climate change.

USA.gov

Journal Article - Ecological Economics

Using Inclusive Wealth for Policy Evaluation: Application to Electricity Infrastructure Planning in Oil-Exporting Countries

| 2017

Decision-makers often seek to design policies that support sustainable development. Prospective evaluations of how effectively such policies are likely to meet sustainability goals have nonetheless remained relatively challenging. Evaluating policies against sustainability goals can be facilitated through the inclusive wealth framework, which characterizes development in terms of the value to society of its underlying capital assets, and defines development to be potentially sustainable if that value does not decline over time.

Skulls at site of executions ordered by Pakistan military officials, Bangladesh, December 13, 1971.

AP

Journal Article - Quarterly Journal: International Security

Bargaining Away Justice: India, Pakistan, and the International Politics of Impunity for the Bangladesh Genocide

    Author:
  • Gary Bass
| Fall 2016

During the 1971 Bangladesh war for independence from Pakistan, the Pakistan army carried out a genocide that killed hundreds of thousands of Bengalis in what was then East Pakistan. The perpetrators never faced trial. Archival documents reveal how India and Bangladesh sacrificed the opportunity for war crimes trials to gain Pakistan’s agreement on key security goals—the Simla peace agreement and recognition of Bangladesh’s independence. The legacy of this decision continues to blight Bangladesh’s politics.

Pres. Jose Napoleon Duarte, of El Salvador, left, smiles while talking with Pres. Ronald Reagan at the White House, Monday, July 23, 1984, Washington, D.C.

AP

Journal Article - Quarterly Journal: International Security

Influencing Clients in Counterinsurgency: U.S. Involvement in El Salvador’s Civil War, 1979–92

    Author:
  • Walter C. Ladwig III
| Summer 2016

In foreign counterinsurgency campaigns from Vietnam to Afghanistan, the United States has often found local elites to be more hindrance than help. Client governments resist U.S.-prescribed reforms crucial to counterinsurgency success because such reforms would undermine their power. The history of the United States’ involvement in El Salvador’s civil war shows that placing strict conditions on military and economic aid is crucial to gaining client governments’ compliance.