Africa

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Analysis & Opinions - Global Policy

Factoring Pandemic Risks into Financial Modelling

| Apr. 01, 2020

Today’s economic crisis leaves us with an unsettling and perplexing regret. Why weren’t financial portfolios already adjusted for risks that stem from health events such as pandemics? After all, financial portfolios are adjusted for liquidity risks, market risks, credit risks, and even operational and political risks.

Dutch lawmaker Geert Wilders talks to reporters as he arrives at at Quicken Loans Arena before the start of the second day session of the Republican National Convention in Cleveland, Tuesday, July 19, 2016.

(AP Photo/Carolyn Kaster)

Analysis & Opinions - Project Syndicate

Putting the Populist Revolt in Its Place

| October 6, 2016

In many Western democracies, this is a year of revolt against elites. The success of the Brexit campaign in Britain, Donald Trump’s unexpected capture of the Republican Party in the United States, and populist parties’ success in Germany and elsewhere strike many as heralding the end of an era. As Financial Times columnist Philip Stephens put it, “the present global order – the liberal rules-based system established in 1945 and expanded after the end of the Cold War – is under unprecedented strain. Globalization is in retreat.”

In fact, it may be premature to draw such broad conclusions.

Some economists attribute the current surge of populism to the “hyper-globalization” of the 1990s, with liberalization of international financial flows and the creation of the World Trade Organization – and particularly China’s WTO accession in 2001 – receiving the most attention. According to one study, Chinese imports eliminated nearly one million US manufacturing jobs from 1999 to 2011; including suppliers and related industries brings the losses to 2.4 million.

Report - Managing the Atom Project, Belfer Center

Advancing Nuclear Security: Evaluating Progress and Setting New Goals

In the lead-up to the nuclear security summit, Advancing Nuclear Security: Evaluating Progress and Setting New Goals outlines what was accomplished in a four-year effort launched in 2009 to secure nuclear material around the globe—and what remains to be done. The effort made significant progress, but some weapons-usable nuclear materials still remain “dangerously vulnerable." The authors highlight the continuing danger of nuclear and radiological terrorism and call for urgent action.

French Mirage 2000 jet fighters are lined up awaiting a mission to Libya, at Solenzara 126 Air Base, Corsica island, France, Mar. 23, 2011.

AP Photo

Analysis & Opinions - The Boston Globe

France Seizes Moment in Libya

| March 28, 2011

"With France as the unstated leader, the Mediterranean Union is also animated by a hope to stabilize the region, improve it economically and thus slow the flow of illegal Arab immigration, and provide an alternative to extremism and terrorism. A modern and open Libya, brought to the world by France, would be a major step toward a new European center of gravity, mainly France."

Book - Managing the Atom Project, Belfer Center and Nuclear Threat Initiative

Securing the Bomb 2010

| April 2010

Associate Professor of Public Policy and Project on Managing the Atom Co-Principal Investigator Matthew Bunn provides a comprehensive assessment of global efforts to secure and consolidate nuclear stockpiles, and a detailed action plan for securing all nuclear materials in four years.  Securing the Bomb 2010 was commissioned by the Nuclear Threat Initiative (NTI). The full report, with additional information on the threat of nuclear terrorism, is available for download on the NTI website.

Book - Brookings Institution Press and World Peace Foundation

China into Africa: Trade, Aid, and Influence

| October 2008

“Two myths have been concocted by the West on Africa: that the Western impact on Africa has been benign while China’s record in Africa has only been negative. The truth in both areas is more complex. This volume, China into Africa, brings out the complexity of the China story in Africa and illustrates why more balanced assessments are needed on Africa’s relations with the world”

            --Kishore Mahbubani

Dean, the Lee Kuan Yew School of Public Policy at the National University of Singapore