Asia & the Pacific

52 Items

Great Decisions Cover

Foreign Policy Association

Journal Article - Foreign Policy Association

The State of the State Department and American Diplomacy

| Jan. 03, 2019

During the Trump administration, the usual ways of conducting diplomacy have been upended. Many positions in the State Department have never been filled, and meetings with foreign leaders such as Kim Jong-un and Vladimir Putin have been undertaken with little advance planning. What effect are these changes having now, and how will they affect ongoing relationships between the United States and its allies and adversaries?

Photo of people crossing bridge in Shanghai that shows stock prices.

(AP Photo/Paul Traynor)

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

From Silicon Valley to Shenzhen: Dollar Exposures in Chinese Fintech

| Dec. 17, 2018

In the post-9/11 era, Washington has waged innovative campaigns against terrorism finance, sanctions evasion, and money laundering. Leveraging America’s heavyweight status in the international financial system, the United States Treasury has isolated and bankrupted rogue regimes, global terrorists, and their enablers. As financial technology transforms global business, the traditional financial system faces new competition across a suite of offerings, ranging from brokerage services to peer to peer lending. In no area is this clearer than in mobile payments, where a global hegemon lies ready to exercise its weight, and it is not the United States. 

Blog Post - Views on the Economy and the World

Fiscal Education for the G-7

| May 26, 2016
As the G-7 Leaders gather in Ise-Shima, Japan, on May 26-27, the still fragile global economy is on their minds.  They would like a road map to address stagnant growth. Their approach should be to talk less about currency wars and more about fiscal policy.Fiscal policy vs. monetary policyUnder the conditions that have prevailed in most major countries over the last ten years, we have reason to think that fiscal policy is a more powerful tool for affecting the level of economic activity, as compared to monetary policy.

Analysis & Opinions - Center for a New American Security Center for New American Security

High Stakes at the Sunnylands Summit

| February 11, 2016

As President Obama prepares to host a summit with ASEAN leaders in Sunnylands, California, next week, Center for a New American Security (CNAS) Asia-Pacific Security Program Director Patrick Cronin and Pereira International CEO Derwin Pereira have written a new commentary for CNAS titled “High Stakes at the Sunnylands Summit.” The commentary is a product of CNAS’ Derwin Pereira Southeast Asian Foreign Policy Roundtables.

How to wean the world off monetary stimulus

commons.wikimedia.org

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

How to wean the world off monetary stimulus

| January 18, 2016

After seven years of extraordinary governmental stimulus, the world needs a shift from exceptional monetary policies to private sector-led growth. The US Federal Reserve’s increase in interest rates sounded the clarion call. China’s market tribulations highlight deepening global uncertainties and the need for new approaches. Three possible ways to generate growth stand out for 2016.

Blog Post - Views on the Economy and the World

The Fed, China and Oil

| Jan. 01, 2016
My answers to three questions at the start of 2016 (from Chosun Ilbo, leading Korean newspaper):1. How do you analyze the recent US interest hike, and how will it influence the global economy in the coming year?The Fed had telegraphed its decision to raise the interest rate so far in advance and (by December) so clearly, that the policy change was already fully reflected in markets.  For example most of the substantial appreciation of the dollar since 2014 can be attributed to anticipation of the Fed tightening.