Asia & the Pacific

47 Items

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Analysis & Opinions - Bloomberg Opinion

After Oil: Throwing Money at Green Energy Isn’t Enough

| Sep. 17, 2020

The geopolitical and geo-economic forces wrought by the coronavirus pandemic, as examined previously in this series, are likely to slow the transition to a more sustainable global energy mix. Fortunately, the pandemic has also resulted in governments gaining vastly greater influence over whether this shift stalls or accelerates.

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Analysis & Opinions - Bloomberg Opinion

Pandemic Is Hurting, Not Helping, Green Energy

| Sep. 16, 2020

For most people, there was nothing to celebrate when the International Monetary Fund downgraded its outlook for global economic growth in June, anticipating a contraction of 4.9% for 2020. Yet for others, such as the small but persistent group of economists and others known as the degrowth movement,” the Covid-induced economic slowdown has a silver lining.

Rupiah coins in Medan, North Sumatra, Indonesia.

Binsar Bakkara/AP

Analysis & Opinions - Global Policy

Closing the Equity Financing Gap during the COVID-19 Crisis: The Emergence of Sovereign Wealth Funds with Expiration Dates

| May 29, 2020

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.

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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.

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Analysis & Opinions - The Economist

COVID-19 Pandemic Accelerates the Rise of Digital Payments

| Mar. 20, 2020

Could using the cash in your pocket have the potential to spread covid-19? That question has rarely appeared in the news, but many governments and leaders in the digital payments industry are wondering how the virus might impact the use of cash. Several countries have already taken drastic measures to limit circulation of bank notes. Could such interventions lead to the end of cash payments?

People walk by a money exchange shop in Hong Kong.

AP/Kin Cheung

Analysis & Opinions - Project Syndicate

The COVID-19 Cash Out

| Mar. 19, 2020

Because hand-to-hand exchange of physical currency could transmit the coronavirus, countries around the world are being forced to reconsider the use of cash. In fact, COVID-19 might turn out to be the catalyst that finally brings digital payments fully into the mainstream. Not surprisingly, the digital-payments industry is already focusing on the opportunities created by the crisis.

Tokyo at night

Flickr / Agustin Rafael Reyes

Paper - London School of Economics

Global Review of Finance For Sustainable Urban Infrastructure

    Authors:
  • Graham Floater
  • Dan Dowling
  • Denise Chan
  • Matthew Ulterino
  • Tim McMinn
  • Ehtisham Ahmad
| December 2017

This paper is a background review representing part of the initial phase of the Financing the Urban Transition work program. The review builds on a growing body of research that highlights both the importance of national sustainable infrastructure and the need to develop more effective and efficient financing mechanisms for delivering compact, connected cities that meet the UN’s Sustainable Development Goals. While progress has been made in both these areas over the last five years, there remains a policy gap between the international/national level and the municipal level.

Left-to-right: Nicholas Burns, Christine Lagarde, and Lawrence Summers laugh.

Martha Stewart

Speech - Future of Diplomacy Project

A Time to Repair the Roof

| Oct. 05, 2017

Christine Lagarde, Managing Director of the International Monetary Fund, delivered her annual state of the global economy speech in the JFK, Jr. Forum at Harvard Kennedy School followed by a discussion with Nicholas Burns, Goodman Family Professor of the Practice of Diplomacy and International Relations and Lawrence Summers, Charles W. Eliot University Professor and President Emeritus at Harvard University. In her address, Madame Lagarde quoted President John F. Kennedy stating that “the time to repair the roof is when the sun is shining.” Mme. Lagarde adapted this statement to the economy, expressing that while our economy is currently experiencing an upswing, now is the time for reform. We must be proactive, not reactive. Additionally, Mme. Lagarde spoke about the importance of fighting corruption and climate change, empowering women, and addressing inequality. 

Madame Lagarde's speech was the inaugural event of the new Economic Diplomacy Initiative (EDI) - a joint program of the Future of Diplomacy Project and the Mossavar-Rahmani Center for Business and Government at the Harvard Kennedy School. EDI is co-chaired by Professors Burns and Summers, and aims to provide Harvard students with a sound understanding of the critical importance of economic diplomacy in a globalized world; specifically, the negotiation of agreements between multiple countries and multiple stakeholders.  

Los Alamos National Laboratory, National Security Science, July 2015

Los Alamos National Laboratory

Discussion Paper - Managing the Atom Project, Belfer Center

When Did (and Didn’t) States Proliferate?

| June 2017

In this Project on Managing the Atom Discussion Paper, Philipp C. Bleek chronicles nuclear weapons proliferation choices throughout the nuclear age. Since the late 1930s and early 1940s, some thirty-one countries are known to have at least explored the possibility of establishing a nuclear weapons program. Seventeen of those countries launched weapons programs, and ten acquired deliverable nuclear weapons.