Articles

63 Items

Chinese stealth fighter in the air

(China Military Online)

Journal Article - Quarterly Journal: International Security

Why China Has Not Caught Up Yet: Military-Technological Superiority, Systems Integration, and the Challenges of Imitation, Reverse Engineering, and Cyber-Espionage

| Winter 2018/19

The extraordinary complexity of today’s advanced weapons systems has significantly reduced the ability of states to imitate other states’ military technology. Consequently, U.S. rivals such as China will continue to struggle to develop indigenous capabilities that can match those of the United States.

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.

Shale gas drilling rig near Alvarado, Texas

Wikipedia, David R. Tribble

Journal Article - Elsevier Inc. Energy Research & Social Science

Conceptualizing the above ground factors in shale gas: Toward a research agenda on regulatory governance

| 24 May 2016

Stalling progress in European, Chinese and Latin American shale has been attributed to difficult geological formations and lacking data. Yet, ‘above ground’ factors matter in the extractive industries as much as geology. It is policies, regulation and institutional settings that determines the success or failure of a contested, risk bound technology such as fracking. This article suggests that a regulatory governance agenda may offer novel insights into shale gas as a policy phenomenon.