South Asia

16 Items

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.

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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.

The Rise of Silicon China

Wang He/Getty Images

Analysis & Opinions - Project Syndicate

The Rise of Silicon China

| Apr. 03, 2018

Key features of Chinese history and culture have put it in a position to become the global leader in artificial-intelligence technologies, surpassing even the tech giants of Silicon Valley. But to do so, China will need to overcome economic hurdles – both at home and abroad – that could stand in its way.

ONGC Oil and Gas Processing Platform. Bombay High, South Field. Undersea pipelines carry oil and gas to Uran, near Mumbai, some 120 NM away.

Creative Commons

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

Oil & State Capitalism: Government-Firm Coopetition in China and India

| October 2015

This paper examines the domestic sources of the internationalization of national oil companies (NOCs) in China and India. It argues that—counter to notions of state-led internationalization—the going abroad of NOCs reflects a pattern of “coopetition,” i.e., the co-existence of cooperation and conflict between increasingly entrepreneurial NOCs and partially supportive and interventionist home governments.

President Barack Obama and several foreign dignitaries participate in a Trans-Pacific Partnership meeting

Charles Dharapak

Analysis & Opinions - Foreign Affairs

Rescuing the free trade deals

| June 14, 2015

The Senate’s rejection of President Wo odrow Wilson’s commitment of the United States to the League of Nations was the greatest setback to U.S. global leadership of the last century. While not remotely as consequential, the votes in the House last week that, unless revisited, would doom the Trans-Pacific Partnership send the same kind of negative signal regarding the willingness of the United States to take responsibility for the global system at a critical time.

The repudiation of the TPP would neuter the U.S. presidency for the next 19 months. It would reinforce global concerns that the vicissitudes of domestic politics are increasingly rendering the United States a less reliable ally. Coming on top of the American failure to either stop or join the Asian Infrastructure Investment Bank, it would signal a lack of U.S. commitment to Asia at a time when China is flexing its muscles. It would leave the grand strategy of rebalancing U.S. foreign policy toward Asia with no meaningful nonmilitary component. And it would strengthen the hands of companies overseas at the expense of U.S. firms. Ultimately, having a world in which U.S. companies systematically lose ground to foreign rivals would not work out to the advantage of American workers.

Both the House and Senate have now delivered majorities for the trade promotion authority necessary to complete the TPP. The problem is with the complementary trade assistance measures that most Republicans do not support and that Democrats are opposing in order to bring down the TPP. It is to be fervently hoped that a way through will be found to avoid a catastrophe for U.S. economic leadership. Perhaps success can be achieved if the TPP’s advocates can acknowledge that rather than being a model for future trade agreements, this debate should lead to careful reflection on the role of trade agreements in America’s international economic strategy.

Analysis & Opinions - Foreign Policy

The Big Counterterrorism Counterfactual

| November 10, 2014

"If we didn't have all these cool high-tech hammers, in short, we'd have to stop treating places like Afghanistan, Pakistan, Iraq, and Syria as if they were nails that just needed another pounding, and we might work harder at marginalizing our enemies within their own societies. To do that, we would have to be building more effective partnerships with authoritative sources of legitimacy within these societies, including religious leaders. Our failure to do more to discredit these movements is perhaps the single biggest shortcoming of the entire war on terror..."

Analysis & Opinions - Foreign Policy

Declinist Pundits

| November 2012

"Decline is a misleading metaphor that assumes there is an organic life cycle for countries as there is for individuals. We know little about the life cycle of states. It took three centuries for the Western Roman Empire to decline from its apogee to collapse. After Britain lost its American colonies in the 18th century, writer Horace Walpole lamented that Britain was reduced to the insignificance of Sardinia. He missed the fact that the Industrial Revolution was about to produce Britain's greatest century. Put simply, we do not know where the United States is in its supposed life cycle."

Discussion Paper - Science, Technology, and Public Policy Program, Belfer Center

WikiLeaks 2010: A Glimpse of the Future?

    Author:
  • Tim Maurer
| August 2011

The recent publications on WikiLeaks reveal a story about money, fame, sex, underground hackers, and betrayal. But it also involves fundamental questions regarding cyber-security and foreign policy. This paper argues WikiLeaks is only the symptom of a new, larger problem which is the result of technological advances that allow a large quantity of data to be 'stolen' at low or no cost by one or more individuals and to be potentially made public and to go 'viral', spreading exponentially online.

Book Chapter

Entrepreneurship

| January 2011

The creation of agricultural enterprises represents one of the most effective ways to stimulate rural development. This chapter will review the efficacy of the policy tools used to promote agricultural enterprises, with a particular focus on the positive, transformative role that can be played by the private sector. Inspired by such examples, this chapter will end by exploring ways in which African countries, subregional, and regional bodies can create incentives that stimulate entrepreneurship in the agricultural sector. The chapter will take into account new tools such as information and communication technologies and the extent to which they can be harnessed to promote entrepreneurship.