Asia & the Pacific

338 Items

Capital Choices: Sectoral Politics and the Variation of Sovereign Wealth

University of Michigan Press

Book - University of Michigan Press

Capital Choices: Sectoral Politics and the Variation of Sovereign Wealth

| July 2019

Capital Choices analyzes the creation of different SWFs from a comparative political economy perspective, arguing that different state-society structures at the sectoral level are the drivers for SWF variation. Juergen Braunstein focuses on the early formation period of SWFs, a critical but little understood area given the high levels of political sensitivity and lack of transparency that surround SWF creation. Braunstein’s novel analytical framework provides practical lessons for the business and finance organizations and policymakers of countries that have created, or are planning to create, SWFs.

Jeff Schwager, president of Sartori Cheese poses for in front of their plant

AP/Morry Gash

Analysis & Opinions - Project Syndicate

Power and Interdependence in the Trump Era

| July 03, 2019

President Donald Trump's manipulation of America's privileged international system will strengthen other countries' incentives to extricate themselves from US networks of interdependence in the long run. In the meantime, there will be costly damage to the international institutions that limit conflict and create global public goods.

Workers dismantle the Belt and Road Forum logo next to the “Golden Bridge of Silk Road” structure outside the media center as leaders are attending the round table summit of the Belt and Road Forum chaired by Chinese President Xi Jinping in Beijing, Saturday, April 27, 2019

AP Photo/Andy Wong

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

The Triangle in the Long Game

| June 19, 2019

The purpose of this paper is to analyze how China’s new power is reaching Europe, the challenges that it poses, and the European responses to this new reality. This process has to be examined in the context of the current strategic competition between China and the U.S. and its reflection on the transatlantic relationship.

Angela Merkel and Donald Trump the G7 Leaders Summit

Jesco Denzel/German Federal Government via AP

Journal Article - Quarterly Journal: International Security

Bound to Fail: The Rise and Fall of the Liberal International Order

| Spring 2019

The liberal international order led by the United States was destined to collapse. Liberal excesses provoked a powerful nationalist backlash. In the emerging multipolar world, a realist order will manage the world economy, and Chinese-led and U.S.-led bounded orders will help the two great powers prosecute their security competition.  

Monument for victims of Chernobyl in front of covef

AP Photo/Efrem Lukatsky

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

Thirty-three Years Since the Catastrophe at Chernobyl: A Universal Lesson for the Global Nuclear Power Industry

| Apr. 25, 2019

The world will soberly commemorate the 33rd anniversary of the Chernobyl nuclear power plant catastrophic accident on Friday, April 26, 2019.  Some may wonder why bother with a gone-by historical event that happened in a distant land — a country that no longer exists — the former Soviet Union (now Ukraine).  On the contrary, Chernobyl and its legacy, with its specters of lingering human toll, radiation contamination, and the massive new shelter ("New Safe Confinement") installed over the old sarcophagus encasing the reactor, will be with us for a long time.

The Kudankulam Nuclear Power Plant in India, built in collaboration with Atomstroyexport, a subsidiary of Rosatom (Flickr/India Water Portal).

Flickr/India Water Portal

Journal Article - Sustainability

Nonproliferation and Security Implications of the Evolving Civil Nuclear Export Market

| Mar. 27, 2019

In recent decades, the nuclear export market has observed a marked shift of demand from traditional customers in the Western world to Asia. The lack of projects in the United States, the delay in the French construction of advanced reactors, and the Fukushima accident in Japan have also led to the declining export capabilities of their companies. In contrast, Russia has gained numerous contracts, and China will likely become another major exporter. In this paper, the evolution of the market was examined from both the supply and demand sides with issues including the more concentrated and uncertain market, the lack of full participation by emerging suppliers to the nonproliferation regime, and the lesser governance capabilities of the newcomers. Addressing these issues, a range of policy suggestions was made, including the reinforcement of market shares of Western suppliers, the encouragement of newcomers to adhere to international norms, and a better safeguards contribution scheme.

Astana, Kazakhstan

Getty Images

Analysis & Opinions

Kazakhs Wary of Chinese Embrace as BRI Gathers Steam

| Feb. 28, 2019

Following on our annual conference, in which China’s Belt and Road Initiative was discussed in detail, Philippe Le Corre of the Mossavar-Rahmani Center for Business and Government at the Harvard Kennedy School writes about the perceptions that Beijing will have to overcome in Kazakhstan, where the government is keen on investment, but the people less so.

U.S. Secretary of State Mike Pompeo

Victoria Sarno Jordan

Analysis & Opinions - The New York Times

Defender of World Order or Trump Mouthpiece? Pompeo Is Tested by North Korea, Iran and U.S. Allies

| Feb. 24, 2019

In the eyes of Mike Pompeo, the day was shaping up to be one of his most commanding displays of diplomacy since becoming secretary of state. Months of planning had finally yielded a meeting among reluctant European officials, Arab leaders and the Israeli prime minister to strategize over confronting Iran.