Economics & Global Affairs

25 Items

An investor monitors stock prices in Beijing after U.S. President Donald Trump re-imposes sanctions on Iran, May 19, 2018.

Ng Han Guan (AP)

Analysis & Opinions - The Diplomat

To Manage Great Power Competition, America Needs a New Economic Patriot Act

| Apr. 17, 2019

Shifts in the global economy have altered Washington’s sanctions calculus. In today’s era of great power competition, priority threats are no longer rogue states with little economic clout but nations with systemically important financial institutions and economic linkages. Russia and China top the list.

America’s sanctions strategy, however, hasn’t evolved to meet this challenge. Section 311 of the Patriot Act remains a powerful tool, but its collateral costs are too high to confront banks that are too big to fail. It’s time for a new Economic Patriot Act that can provide the scalpel-like instruments Washington needs to thwart our adversaries with speed and precision.

Tokyo at night

Flickr / Agustin Rafael Reyes

Paper - London School of Economics

Global Review of Finance For Sustainable Urban Infrastructure

    Authors:
  • Graham Floater
  • Dan Dowling
  • Denise Chan
  • Matthew Ulterino
  • Tim McMinn
  • Ehtisham Ahmad
| December 2017

This paper is a background review representing part of the initial phase of the Financing the Urban Transition work program. The review builds on a growing body of research that highlights both the importance of national sustainable infrastructure and the need to develop more effective and efficient financing mechanisms for delivering compact, connected cities that meet the UN’s Sustainable Development Goals. While progress has been made in both these areas over the last five years, there remains a policy gap between the international/national level and the municipal level.

Natalie Jaresko at the Harvard Kennedy School.

Benn Craig

News

Natalie Jaresko discusses her time as Finance Minister of Ukraine with Harvard's Future of Diplomacy Project

| Dec. 21, 2016

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

The world is getting better. Why don’t we believe it?

commons.wikimedia.org

Analysis & Opinions - The Washington Post

The world is getting better. Why don’t we believe it?

| January 26, 2016

It would seem entirely reasonable to conclude that the world has taken several turns for the worse since President George H.W. Bush delivered his famous “new world order” address. The United Nations estimates that more than 250,000 people have perished in Syria’s civil war, and another million or so have been injured. With vast swathes of the Middle East collapsing, the Islamic State continues to wreak havoc, increasingly inspiring and coordinating attacks outside the region.

People walk past an exchange office screen showing the currency exchange rates of the Russian ruble, U.S. dollar and euro, in Moscow, Russia, Wednesday, Jan. 20, 2016. The Russian ruble slid to a record low against the dollar Wednesday under pressure from the low oil price, beating a mark set when the currency crashed in value in December 2014 before stabilizing. (AP Photo/Alexander Zemlianichenko).

AP Photo/Alexander Zemlianichenko

Analysis & Opinions - The Huffington Post

Putin’s Russia: Claims Versus Reality

| Nov. 15, 2015

Russia’s leaders and population are facing a number of long-term adverse trends, including inefficiency of the economy, insufficient quality of governance, pervasive corruption, fragility of demographic improvements, home-grown and transnational terrorism, instability in neighboring countries and proliferation of weapons of mass destruction. But the existence of these long-term trends, confluence of some of which, if unaddressed, could eventually come to pose very serious challenges to the Russian statehood, is no excuse for misunderstanding or distorting the current realities in Russia.

teaser image

Book - Oxford University Press

A Liberal Actor in a Realist World: The European Union Regulatory State and the Global Political Economy of Energy

| October 2015

A Liberal Actor in a Realist World assesses the changing nature of the global political economy of energy and the European Union's response, and the external dimension of the regulatory state. The book concludes that the EU's soft power has a hard edge, which is derived primarily from its regulatory power.

Analysis & Opinions - The Diplomat

Russia, China on 'Wrong Side of History' in Arab World

| October 29, 2012

"China, a great power in the making, and Russia, a fading but nonetheless aspiring power, have repeatedly positioned themselves on 'the wrong side of history' in regard to the Iranian nuclear program, events in Syria, and more. Great power status confers not just prestige and influence, but also a need to share responsibility for international security and the 'global good.' With their uncaring pursuit of narrow national interests, neither is demonstrating a predilection to do so."