Asia & the Pacific

93 Items

People inspect the wreckage of buildings that were damaged by Saudi-led coalition airstrikes, in Sanaa, Yemen, Tuesday, Jan. 18, 2022.

AP Photo/Hani Mohammed

Analysis & Opinions - Belfer Center for Science and International Affairs, Harvard Kennedy School

Significance of the Iran-Saudi Arabia Agreement Brokered by China

Belfer Center experts on the U.S.-China relationship and Middle East issues shared thoughts on the significance of the unexpected Iran-Saudi Arabia agreement brokered by China. 

Joe Biden

AP/Matt Slocum

Analysis & Opinions - Project Syndicate

After the Liberal International Order

| July 06, 2020

If Joe Biden defeats Donald Trump in November, the question he will face is not whether to restore the liberal international order. It is whether the United States can work with an inner core of allies to promote democracy and human rights while cooperating with a broader set of states to manage the rules-based international institutions needed to face transnational threats.

Blog Post - Views on the Economy and the World

History Warns Us to Avoid a W-shaped Recession

| May 03, 2020

“Those who do not study history are condemned to repeat it.”  And the rest of us are condemned to repeat George Santayana.

Will the Coronavirus Recession of 2020 be V-shaped?  Or U-shaped?  If we fail to heed the lessons of history it is likely to be W-shaped, with incipient recovery followed by successive relapses into sickness and recession.

As has been widely noted, we would have been better prepared to cope with the Covid-19 pandemic in the first place if everyone had paid more attention to the past history of epidemics. Be that as it may, the world is now deep into the pandemic and its economic consequences, the most severe such events since the interwar period, 1918-1939.  As decision-makers in every country contemplate their next steps, they would do well to ponder the precedents of that interwar period.

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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.