Asia & the Pacific

106 Items

In this photo taken on August 25, 2010, a bank clerk counts Chinese 100 Yuan notes in Shanghai. 

AP Photo/Eugene Hoshiko

Analysis & Opinions - The Wall Street Journal

Currency Manipulation Isn’t Among China’s Trade Sins

| Oct. 15, 2018

The Trump administration is railing against Chinese currency manipulation without any regard for the yuan’s actual ups and downs. Yes, the numbers superficially back Treasury Secretary Steven Mnuchin’s warnings: The yuan has dropped about 10% against the dollar since mid-April, effectively offsetting the impact of U.S. tariffs on Chinese goods. But this doesn’t prove that China is defying the laws of market economics. In fact, Beijing is doing precisely the opposite.

Sovereign Venture Capitalism: At a Crossroad

StockSnap/Pixabay

Analysis & Opinions - The Economist

Sovereign Venture Capitalism: At a Crossroad

| Oct. 03, 2018

What the Iron Man-like character is claiming for his futuristic automotive company is not unheard of. On a systemic basis, mammoth institutional investment—especially from sovereign wealth funds (SWFs)—is flowing into start-ups and technology-oriented publicly traded companies. In this case, Saudi billions would help Mr Musk escape the pressures of being publicly listed. SWFs have invested large sums into high-growth start-ups promising innovation and financial returns. In fact, just this month, Saudi’s Public Investment Fund (PIF) announced a US$1bn investment in Tesla’s rival, Lucid, and a US$2bn stake in Tesla. The rise in SWF balance sheets and activity is having ramifications on global efforts to be more Silicon Valley-like, and on Silicon Valley itself.

Blog Post - Views on the Economy and the World

Trump Renews Charges of Chinese Currency Manipulation

| Sep. 24, 2018

The US Treasury is due in October to submit its biannual report to Congress on what countries, if any, are manipulating their currencies to gain unfair trade advantage.   President Trump has recently resumed the accusation against China  that he made during the election campaign.   “I think China’s manipulating their currency, absolutely. And I think the euro is being manipulated also,” he told Reuters.  He is apparently pressuring the Treasury directly in its deliberations.

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Analysis & Opinions - Bloomberg Opinion

Trump’s Trade War Has a Bright Side for Canada

| June 08, 2018

Last week was a trying one for Canadian Prime Minister Justin Trudeau. You may think that I am referring to the imposition of U.S. tariffs on imports of Canadian steel. But Trudeau actually faced a harder issue than the one about how to respond to President Donald Trump’s declaration that trade with Canada posed a threat to U.S. security.

Video - Belfer Center for Science and International Affairs, Harvard Kennedy School

Kendall Hoyt on Office Hours

| Apr. 02, 2018

Kendall Hoyt, Assistant Professor of Medicine at the Dartmouth Medical School and former fellow with the Belfer Center’s International Security Program, talks with Aroop Mukharji (@aroopmukharji) about improving response time to outbreaks, a brief history of anti-vaxxers, and how she got into biodefense.

Audio - Belfer Center for Science and International Affairs, Harvard Kennedy School

Kendall Hoyt on Office Hours Podcast

| Apr. 02, 2018

Kendall Hoyt, Assistant Professor of Medicine at the Dartmouth Medical School and former fellow with the Belfer Center’s International Security Program, talks with Aroop Mukharji (@aroopmukharji) about improving response time to outbreaks, a brief history of anti-vaxxers, and how she got into biodefense.

Federal Reserve Chair Janet Yellen testifies before the House Financial Services Committee on Capitol Hill in Washington on Wednesday, July 12, 2017 (AP Photo/Jacquelyn Martin)

AP Photo/Jacquelyn Martin

Analysis & Opinions - The Washington Post

The Fed's Job is About to Become Much Harder

| Aug. 13, 2017

With Janet Yellen’s term ending in February, President Trump will have to nominate, and the Senate confirm, a new Fed chair in coming months. There will be much discussion of the merits and implications of various candidates for the job. But it will be important for the president and senators to begin by considering the challenges the next chair will face.

International Monetary Fund Economic Counsellor Maurice Obstfeld speaks at a news conference during the World Bank/IMF Annual Meetings on Tuesday, Oct. 4, 2016, at IMF headquarters in Washington. (AP Photo/Jose Luis Magana)

AP Photo/Jose Luis Magana

Analysis & Opinions - Project Syndicate

Recovery is Not Resolution

| Aug. 01, 2017

Earlier this year, the consensus view among economists was that the United States would outstrip its advanced-economy rivals. The expected US growth spurt would be driven by the economic stimulus package described in President Donald Trump’s election campaign. But the most notable positive economic news of 2017 among the developed countries has been coming from Europe.

Natalie Jaresko at the Harvard Kennedy School.

Benn Craig

News

Natalie Jaresko dicusses her time as Finance Minister of Ukraine with Harvard's Future of Diplomacy Project

| Dec. 21, 2016

Natalie Jaresko (MPP ’89), former Finance Minister of Ukraine, returned to Harvard on October 31st, 2016 to take part in the Future of Diplomacy Project’s international speaker series. In a public seminar moderated by Faculty Director Nicholas Burns, Jaresko, who currently serves as chairwoman of the Aspen Institute Kyiv, reflected on her time in office from 2014 to 2016. In her two years in office, the Ukrainian government  had to contend with the Russian annexation of Crimea, a national debt crisis, widespread governmental corruption, and political instability.