Asia & the Pacific

60 Items

"Speaking of Leaks," cartoon, Independent, January 29, 1917.

Wikimedia Commons

Journal Article - Quarterly Journal: International Security

"Wars without Gun Smoke": Global Supply Chains, Power Transitions, and Economic Statecraft

    Authors:
  • Ling S. Chen
  • Miles M. Evers
| Fall 2023

Power transitions affect a state’s ability to exercise economic statecraft. As a dominating and a rising power approach parity, they face structural incentives to decouple their economies. This decoupling affects business-state relations: high-value businesses within the dominant power tend to oppose their state’s economic statecraft because of its costs to them, whereas low-value businesses within the rising power tend to cooperate because they gain from it. 

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.

Discussion between Nicholas Burns and Sigmar Gabriel

https://www.atlantik-bruecke.org/en/

Video - Atlantik-Brücke

Covid-19 and its implications for transatlantic relations

| May 18, 2020

Ambassador Nicholas Burns, Roy and Barbara Goodman Professor of the Practice of Diplomacy and International Relations, Harvard University, discussed the effect the current pandemic has on the relationship between Europe and the United States with Atlantik-Brücke-Chairman Sigmar Gabriel.

Workers in protective suits stand by a container ship in Qingdao, China, March 31.

ASSOCIATED PRESS

Analysis & Opinions - The Wall Street Journal

An Allied Plan to Depend Less on China

| Apr. 30, 2020

The Covid-19 pandemic is prompting reconsideration of issues that were thought to be settled. One is the wisdom of China as a hub in vital supply chains, a reality driven by cost considerations and the belief that integrating China into the global economy would moderate Beijing’s behavior. Unfortunately, China hasn’t moderated. Beijing has been an unreliable supplier that pressures trading partners.

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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.

Maria Adele Carrai

Belfer Center

Analysis & Opinions - Project on Europe and the Transatlantic Relationship

Triangular Economic Relations: China, the EU, and the United States

    Author:
  • Winston Ellington Michalak
| Mar. 16, 2020

In recent years the crisis of the transatlantic relationship and the North Atlantic Treaty Organization (NATO) has become a common theme in media, and various scholars have frequently questioned the futures of both entities. Not only are the new sovereigntist and populist trends within the NATO members calling the relevance of the transatlantic relationship into question, but some have found a reason to identify a crisis in the transatlantic relationship from the rise of global actors and the emergence of China as a great power in particular. China’s economic recovery after its “century of humiliation” is reshaping the international geopolitics and shifting the economic epicenter of the world from the Atlantic to the Pacific. 

Windfall, by Meghan O'Sullivan

Simon & Schuster

Analysis & Opinions - LinkedIn

Energy Abundance and the Environment: An Interview with Meghan L. O’Sullivan, Part 2

    Author:
  • Scott Nyquist
| Apr. 03, 2019

The subtitle tells the story. In the early 2000s, many pundits and politicians talked up “peak oil”, “energy scarcity,” and all that. In a geological heartbeat later—about a decade—the world had entered an era of “energy abundance,” largely due to innovations that allowed producers to crack into shale formations to release massive new sources of oil and gas. The United States has gone furthest and fastest in fracking and is setting records for oil and gas production. For the US, says O’Sullivan, this has been an economic, strategic, and environmental game-changer. For the rest of the world, the effects are more differentiated but hardly less profound.