South Asia

The Harvard Project participates in a major Harvard initiative aimed at reducing emissions of methane, a powerful greenhouse gas. Participating researchers represent a range of academic disciplines and Harvard schools.

Divestment is a prominent strategy championed by activists to induce positive social change. For example, the current fossil fuel divestment movement includes over 1,500 institutions that control $40 trillion in assets. A primary pathway through which divestment is theorized to be effective is by influencing public beliefs and policy preferences, thus pressuring policymakers to take action. However, prior research only tests this argument via qualitative case studies. The authors assess the impact of exposure to information about fossil fuel divestment on public opinion through the use of national survey experiments in three major greenhouse gas emitters: the U.S., India, and South Africa.

For many, integrating “decarbonization” into public policy, corporate and financial strategies has become a requirement, not an option — yet, what happens when the critical link between climate stability and decarbonization breaks?

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.

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.

The Harvard Project conducted a research and policy workshop in December 2021, “Subnational Climate Change Policy in India.” Co-sponsors were the Centre for Policy Research, in New Delhi, and the Lakshmi Mittal and Family South Asia Institute at Harvard University.

Jacqueline L. Hazelton  details why the international jihadi terrorist threat to the United States is down since the al-Qaida attacks of 20 years ago. Not through war or other uses of organized violence, but through cooperation, use of legal and financial tools, and strengthening homeland defense and resilience.

Jacqueline L. Hazelton analyzes why the United States fails at counterinsurgency in light of its withdrawal from Afghanistan. She asserts that the belief that democracy is necessary for long-term stability and can flow from the barrel of a gun is rooted in misleading accounts of past counterinsurgency campaigns, such as the Malayan Emergency and the 1948–1954 insurgency in the Philippines.

Stephen Walt asks whether the United States is a good model for other liberal states and whether its policy judgments are ones that others should trust and follow, especially with respect to foreign policy.  He argues that—on balance—the answer to both questions is "no."

Stephen Walt writes that understanding why it was so hard to end the Afghan war could teach future presidents two valuable lessons: It is usually easier to invade a foreign country than it is to leave it, and wars of choice should never be waged for frivolous or ill-considered reasons.