Economics & Global Affairs

473 Items

The Arleigh Burke-class guided-missile destroyer USS Dewey (DDG 105), front, and the Independence-variant littoral combat ship USS Gabrielle Giffords (LCS 10), rear, conduct joint operations with the Japan Maritime Self-Defense Force destroyer JS Akebono (DD-108) in the South China Sea

U.S. Navy photo by Aviation Electronics Technician 2nd Class Lucas Herzog

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

Navigating China’s Opportunistic Approach to Overseas Naval Base Acquisition

| November 2023

This report, by Maxwell Simon (MPP '23) and Jayaram Ravi (MPP '23), explores the drivers of setback and success that China has encountered in the process of developing dual-use and military-dedicated naval installations abroad. It looks at cases where China has considered or actively pursued military-dedicated installations to characterize Beijing’s general approach to overseas naval base acquisition.

"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.

Flowers bloom around graves of World War I soldiers prior to a foundation laying ceremony at Loos British Cemetery in Loos-en-Gohelle, France, Thursday, May 4, 2023.

AP Photo/Michel Spingler)

Journal Article - Quarterly Journal: International Security

The Peril of Peaking Powers: Economic Slowdowns and Implications for China’s Next Decade

| Summer 2023

Peaking great powers facing a slowdown in growth are likely to try to violently shake up the world. These findings amend classic theories of great power conflict. They help explain some of the most consequential geopolitical events in modern history. And they have ominous implications for contemporary Chinese foreign policy. 

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. 

Driverless trucks move shipping containers at an automated port in Tianjin, China, Monday, Jan. 16, 2023. China's exports fell 7.5% from a year ago in May, 2023, and imports were down 4.5%, adding to signs an economic recovery is slowing.

AP Photo/Mark Schiefelbein

Analysis & Opinions - The Wall Street Journal

China Relies on U.S., Allies for Hundreds of Products

    Author:
  • Timothy W. Martin
| Aug. 09, 2023

China has at least a 70% dependence on the U.S. and its allies for more than 400 items, ranging from luxury goods to raw materials needed for Chinese industries, a new analysis of trade data has found. (...) The analysis, set to publish Wednesday in the International Security academic journal, uses data from the United Nations Comtrade database, which tracks official global trade statistics. China’s high-dependency exposure was calculated by bundling together trade activity from the U.S. and more than a dozen allies across a range of categories.