Economics & Global Affairs

33 Items

 Chinese structures and an airstrip on the man-made Subi Reef

Francis Malasig/Pool Photo via AP, File

Analysis & Opinions - Project Syndicate

What Could Cause a US-China War?

| Mar. 02, 2021

Thucydides attributed the war that ripped apart the ancient Greek world to two causes: the rise of Athenian power—and the fear that this created in the established power, Sparta. Joseph Nye advises that in order to prevent a new cold or hot war, the United States and China must avoid exaggerated fears and misperceptions about changing power relations.

Analysis & Opinions - Bulletin of the Atomic Scientists

The Postponement of the NPT Review Conference. Antagonisms, Conflicts and Nuclear Risks after the Pandemic

The Bulletin of Atomic Scientists has published a document from the Pugwash Conference on Science and World Affairs concerning nuclear problems and tensions in the time of COVID-19. The document has been co-signed by a large number of Pugwash colleagues and personalities.

The Bavand, one of two stranded Iranian vessels, sits anchored at the port in Paranagua, Brazil on July 25, 2019. In defiance of U.S. sanctions, Brazil's top court ordered state oil company Petrobras to supply fuel to two Iranian vessels that were stranded off the coast of Parana state since early June (AP Photo/Giuliano Gomes).

AP Photo/Giuliano Gomes

Journal Article - Washington Quarterly

A Financial Sanctions Dilemma

| Winter 2020

Over the last two decades, there has been a dramatic increase in the popularity of financial sanctions as an instrument of US foreign policy to address security threats ranging from weapons of mass destruction (WMD) proliferation and terrorism to human rights violations and transnational crime. Washington’s policymakers have prized these tools for their ability to rapidly apply pressure against foreign targets with few perceived repercussions against American business interests. The problem, however, is that Washington is ignoring a growing tension between financial sanctions designed to support economic statecraft (with non-financial goals) and those designed to protect the international financial system. Confusing the two sends mixed signals to adversaries as well as allies and undermines US credibility and commitment to upholding international banking rules and norms. If Washington cannot reconcile these competing processes, it is unlikely that future administrations will enjoy the same foreign policy levers, leaving the United States at a significant disadvantage.

Analysis & Opinions - The Wall Street Journal

Shale Gas Is America's Geopolitical Trump Card

| June 8, 2014

"For some time, many people at home and abroad have bought into the myth of American decline. Increasing dependence on energy imports was often cited as evidence. The shale revolution changes that dependence and demonstrates the combination of entrepreneurship, property rights and capital markets that are this country's underlying strength."

Analysis & Opinions - WBUR

Debate Dominated By Issues Important To Voters In Swing State Ohio

| October 17, 2012

"...[T]he subtext of this second presidential debate was all Ohio, all the time. At every opportunity the two candidates came back to the three C's that matter in Ohio — cars, China and coal. If this seemed a little strange to everyone else in the country it made perfect sense in the dynamic of this campaign....By the time the second debate rolled around last night, though Obama still held an edge in the electoral college, the race had gotten so close that it looked like it was coming down to who could win Ohio."

Report - Center for Strategic and International Studies

The U.S.-Japan Alliance: Anchoring Stability in Asia

| August 2012

The following report presents a consensus view of the members of a bipartisan study group on the U.S.-Japan alliance. The report specifically addresses energy, economics and global trade, relations with neighbors, and security-related issues. Within these areas, the study group offers policy recommendations for Japan and the United States, which span near- and long-term time frames. These recommendations are intended to bolster the alliance as a force for peace, stability, and prosperity in the Asia-Pacific region and beyond.

June 1, 2012: USS Ponce crew members wave to family on the pier as the ship deploys to the Persian Gulf from Norfolk, Va. The price of oil jumped to the highest level since May 2012 on July 3, 2012, due to renewed fears of a military conflict with Iran.

AP Photo

Analysis & Opinions - Aljazeera

Energy Independence in an Interdependent World

| July 15, 2012

"...[A] revolution in Saudi Arabia or a blockade of the Strait of Hormuz could still inflict damage on the US and its allies. So, even if America had no other interests in the Middle East, such as Israel or nuclear non-proliferation, a balance of energy imports and exports would be unlikely to free the US from military expenditures — which some experts estimate run to $50 billion per year — to protect oil routes in the region."

Capt. Robert Shaw plugs a cord into this Fuel Efficient Demonstrator vehicle, Apr. 11, 2012 in Warren, Mich. The U.S. Army unveiled a new lab that can simulate desert heat & extreme cold in order to save energy & make combat vehicles fuel-efficient.

AP Photo

Analysis & Opinions - The Boston Globe

The Pentagon is Stopped from Going Green

| June 7, 2012

"Fuel convoys are particularly subject to attack by hostile forces, and half of the Marines killed in Afghanistan and Iraq were supporting fuel transportation. Oil and water are the two commodities we import the most to the battlefield; the long line of a supply chain is a welcome mat for every IED and enemy. The biggest cost driver in the Pentagon's shrinking budget is oil; fuel increases in 2011 and 2012 cost the government an extra $3 billion."