Asia & the Pacific

To keep oil flowing and diminish the U.S., Beijing brokers a deal between Iran and Saudi Arabia.

When the U.S. military trains other states’ forces, it tries to impart liberal norms such as respect for human rights. But when liberal norms clash, these soldiers prioritize loyalty to their unit, the military, and shared goals.

In late 2017, Mexico made headlines as Italian company Enel bid what was then a world-record low price for renewable energy in the country’s third such energy auction. This development was possible due to the historical and sweeping energy reforms passed with broad support in Mexico in 2013. Then-President Enrique Peña Nieto had succeeded where previous Mexican presidents had failed, reversing decades of resource nationalism and overhauling the energy sector through constitutional reforms that gave the private sector a larger role and advantaged renewable energy in Mexico’s economy. The 2017 auction seemed to indicate Mexico’s bright future not only as a conventional oil producer, but also as a clean energy power.

White Southerners opposed to Reconstruction used violence to undermine Black political power and force uncommitted white Southerners to their side. Although structural factors made it harder for the U.S. government to suppress this violence, a series of policy failures prompted Reconstruction’s failure and generations of injustice.

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.

Natalie Jaresko (MPP ’89), former Finance Minister of Ukraine, returned to Harvard on October 31^st, 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.

"...[H]ow did such vast and sustained investments not deliver a more favorable outcome? Conditions were undoubtedly challenging, but most observers — and indeed U.S. officials — agree that major mistakes were made....But the most egregious error of the United States was to pursue a strategy founded on a misreading of its enemy."