Economics & Global Affairs

717 Items

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. 

Donald Trump

AP/Evan Vucci, File

Analysis & Opinions - Project Syndicate

If Trump Returns

| May 31, 2023

Joseph Nye explores what a second Donald Trump presidency may mean for U.S. foreign policy and the world? While the man himself is unpredictable, his first term and his behavior since losing re-election in 2020 offer plenty of clues, none of which would be comforting to America's allies.

A computer code is seen on displays in the office of Global Cyber Security Company Group-IB in Moscow, Russia, Wednesday, Oct. 25, 2017. A new strain of malicious software has paralyzed computers at a Ukrainian airport, the Ukrainian capital's subway and at some independent Russian media. Moscow-based Global Cyber Security Company Group-IB said in a statement Wednesday the ransomware called BadRabbit also tried to penetrate the computers of major Russian banks but failed.

AP Photo/Pavel Golovkin

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

Addressing Russian and Chinese Cyber Threats: A Transatlantic Perspective on Threats to Ukraine and Beyond

| May 2023

In an interconnected world, cyberattacks are becoming more frequent and sophisticated. Building resilience against this asymmetric threat is critical for countries to protect their economies, critical infrastructure, and democratic institutions. However, cyberattacks do not respect borders, and no country can address this threat alone. The strength and longevity of the transatlantic partnership between the EU and the U.S. presents a unique opportunity to address this strategic threat through international cooperation. Through an analysis of cyberwarfare in the ongoing war in Ukraine, this paper proposes policy recommendations to enhance transatlantic coordination and cooperation against current and future adversaries in a new era of strategic competition. Ultimately, a stronger transatlantic partnership is critical for protecting international democratic norms, building resilience against cyber threats, and strengthening global security and stability.