Asia & the Pacific

Last week, President Trump signed a new executive order that paves the way to impose sanctions against any foreign bank that conducts business with North Korea, going well beyond current UN financial sanctions. These so-called secondary sanctions, which are penalties applied to third-party foreign banks (i.e., not directly against North Korean entities), are particularly focused on Chinese banks.

America’s top priority must be to avoid a second Korean war. Yet such a war is closer than ever and appears almost inevitable unless America changes the approach President Trump has been using since he took office. The greatest risk of war with North Korea is not sudden action by Kim Jong Un, but Kim responding to a perceived attack by Trump. North Korea foreign minister Ri Yong-ho drove that home Monday when he called Trump’s threats against his country “a clear declaration of war.”

The United States has been in a technical state of war with North Korea since the end of the Korean War in 1953. Every president since Dwight D. Eisenhower has had to navigate the risk of conflict with North Korea. What’s new is Trump’s bombastic approach to this long-standing challenge — his personal insults, crazy tweets and threat at the United Nations to "totally destroy North Korea."

"An ambitious deal might also stimulate more demand for innovations in clean technologies, in which China is emerging as a global leader. But because of the UN's decision-making process, in which all its members have to agree on a new deal, Xi Jinping is in the powerful position of being able to commit to only as much emission reductions as fit his domestic policy agenda."

The outcome of the December 2011 United Nations climate negotiations in Durban, South Africa, provides an important new opportunity to move toward an international climate policy architecture that is capable of delivering broad international participation and significant global CO2 emissions reductions at reasonable cost. This paper addresses an important component of potential climate policy architecture for the post-Durban era: links among independent tradable permit systems for greenhouse gases.

The Spring 2011 issue of the Belfer Center newsletter features recent and upcoming activities, research, and analysis by members of the Center community on critical global issues. This issue highlights the Belfer Center’s continuing efforts to build bridges between the United States and Russia to prevent nuclear catastrophe – an effort that began in the 1950s. This issue also features three new books by Center faculty that sharpen global debate on critical issues: God’s Century, by Monica Duffy Toft, The New Harvest by Calestous Juma, and The Future of Power, by Joseph S. Nye.

The Winter 2010/11 issue of the Belfer Center newsletter features recent and upcoming activities, research, and analysis by members of the Center community on critical global issues. This issue highlights a major Belfer Center conference on technology and governance, the Center's involvement in the nuclear threat documentary Countdown to Zero, and a celebration of Belfer Center founder Paul Doty.

"Belfer Center participants in the 2009 United Nations Framework Convention on Climate Change Conference in Copenhagen (UNFCCC) agreed that while the summit did not produce the treaty most wanted, it did make some significant progress. They disagree, however, on how much. Professors JeffreyFrankel, Kelly Sims Gallagher, and Robert Stavins, all members of the Belfer Center Board of Directors, offer their takeaways from the event."