Economics & Global Affairs

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

Beyond the Headlines: A Kaleidoscopic Exploration of Contemporary African Politics and International Cooperation

| Mar. 28, 2024

Over the course of five sessions, this study group, led by Dr. Gloria Ayee, is exploring the pivotal moment experienced by the African continent. With youthful populations, abundant resources, and growing economic and technological capacity, Africa holds solutions to global challenges from food security to climate change. Participants of the study group are invited to reflect on the role that international cooperation must play in supporting inclusive, sustainable development in Africa, as well as to move beyond outdated perspectives and learn about Africa’s profound transformation through trade, investments in clean energy and health, and youth empowerment initiatives. 

26th Africa Business Conference (ABC) held at Harvard Business School (HBS)

Panel Director, Mubashir Ekungba

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

Mapping a Way Forward with African Businesses in a Globalized World

| Mar. 19, 2024

Africa is home to approximately 1.4 billion people[1], about 16 percent of the world’s population, yet its continental share in global trade remains below 3 percent[2], according to the World Trade Organization (WTO). This suboptimal proportion of world trade is compounded by Africa's limited intra-continental trade. During the 26th Africa Business Conference (ABC) held at Harvard Business School (HBS) on the 17th of February 20, 2024, industry experts, policymakers, students, faculty members, and entrepreneurs converged to interrogate these concerns and explore opportunities for improving intra-African trade. 

Houthi supporters attend a rally

AP/Osamah Abdulrahman

Analysis & Opinions - Foreign Affairs

Iran's New Best Friends

| Jan. 29, 2024

Mohammad Tabaar argues that the attacks on Red Sea ships unintentionally advance the Houthis agenda by allowing it to claim that it is fighting imperialism, and the attacks help Iran by fortifying its political foothold in the Middle East. Washington should therefore cease the strikes. It should, instead, work to halt the war in Gaza. The United States should also try to strengthen the region's diplomatic agreements and shore up its security framework. Otherwise, the Houthi-Iranian partnership will only grow stronger, as will Tehran's leverage in the region.

President Joe Biden greets China's President President Xi Jinping

Doug Mills/The New York Times via AP, Pool, File

Analysis & Opinions - Financial Times (London)

America Should Aim for Competitive Coexistence with China

| Nov. 16, 2023

Joseph Nye writes that Washington's strategy towards Beijing should be to avoid either a hot or cold war, co-operate when possible and marshal its assets to shape China's external behaviour. This can be done through deterrence and a strengthening of both alliances and international institutions.

"Speaking of Leaks," cartoon, Independent, January 29, 1917.

Wikimedia Commons

Journal Article - Quarterly Journal: International Security

"Wars without Gun Smoke": Global Supply Chains, Power Transitions, and Economic Statecraft

    Authors:
  • Ling S. Chen
  • Miles M. Evers
| Fall 2023

Power transitions affect a state’s ability to exercise economic statecraft. As a dominating and a rising power approach parity, they face structural incentives to decouple their economies. This decoupling affects business-state relations: high-value businesses within the dominant power tend to oppose their state’s economic statecraft because of its costs to them, whereas low-value businesses within the rising power tend to cooperate because they gain from it. 

traffic in Hanoi, Vietnam

AP/Hau Dinh, File

Analysis & Opinions - Project Syndicate

Not Destined for War

| Oct. 02, 2023

Joseph Nye writes that if the United States maintains its alliances, invests in itself, and avoids unnecessary provocations, it can reduce the probability of falling into either a cold war or a hot war with China. But to formulate an effective strategy, it will have to eschew familiar but misleading historical analogies.

Gate of Tianjin Free-Trade Zone. A brightly lit arch over a nighttime roadway. A brightly lit pillar appears in the background.

Wikimedia Commons

Journal Article - Quarterly Journal: International Security

Collective Resilience: Deterring China’s Weaponization of Economic Interdependence

    Author:
  • Victor Cha
| Summer 2023

China leverages its market in a form of “predatory liberalism” that weaponizes the networks of interdependence created by globalization. ne response to China’s bullying would be for its targets to form an alliance to retaliate against China’s high-dependence trade should Beijing act against any alliance members.