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  • Author: Michael B Greenwald
  • Publication Date: 03-2019
  • Content Type: Commentary and Analysis
  • Institution: Belfer Center for Science and International Affairs, Harvard University
  • Abstract: Many view the Belt and Road Initiative as the most geoeconomically significant infrastructure project since the Marshall Plan. Promising alternative trade routes, abundant capital flows, and advanced infrastructure to the developing world, the program has scaled significantly since its inception in 2013.
  • Topic: International Affairs
  • Political Geography: Global Focus
  • Author: Michael B Greenwald
  • Publication Date: 03-2019
  • Content Type: Commentary and Analysis
  • Institution: Belfer Center for Science and International Affairs, Harvard University
  • Abstract: Saudi Vision 2030 — Crown Prince Mohammad bin Salman’s bid to diversify his nation’s oil-dependent economy — is one of the most consequential development plans in modern history. So it was no surprise to see MbS, as he is known, grinning with Chinese leaders during his Asian investment trip last month. As Chinese officials raved about the “enormous potential” of the Saudi economy, Saudi officials praised the compatibility of Chinese and Saudi cultures, and MbS even defended China’s maltreatment of Muslim Uighurs
  • Topic: International Affairs
  • Political Geography: Global Focus
  • Author: Martin S. Feldstein
  • Publication Date: 02-2019
  • Content Type: Commentary and Analysis
  • Institution: Belfer Center for Science and International Affairs, Harvard University
  • Abstract: Earlier this month, the Federal Reserve’s policy-setting Federal Open Market Committee voted unanimously to increase the short-term interest rate by a quarter of a percentage point, taking it from 2.25% to 2.5%. This was the fourth increase in 12 months, a sequence that had been projected a year ago, and the FOMC members also indicated that there would be two more quarter-point increases in 2019. The announcement soon met with widespread disapproval.
  • Topic: International Affairs, Financial Markets
  • Political Geography: Global Focus
  • Author: Gabriel Cederberg, Jordan D'Amato
  • Publication Date: 03-2019
  • Content Type: Special Report
  • Institution: Belfer Center for Science and International Affairs, Harvard University
  • Abstract: American democracy is under attack. From the daily news to our social media feeds, nation-state competitors target the United States and its citizens, seeking to fuel division and chaos at home while undermining our interests abroad and our will to defend them. It is critical that policymakers and citizens understand these threats and how to counter them. This playbook seeks to ensure that U.S. citizens, not foreign actors, determine the future of U.S. democracy.
  • Topic: Global Focus
  • Political Geography: Global Focus
  • Author: James M. Acton
  • Publication Date: 11-2018
  • Content Type: Policy Brief
  • Institution: Belfer Center for Science and International Affairs, Harvard University
  • Abstract: This policy brief is based on “Escalation through Entanglement: How the Vulnerability of Command-and- Control Systems Raises the Risks of Inadvertent Nuclear War,” which appears in the summer 2018 issue of International Security.
  • Topic: International Relations, International Security, International Affairs
  • Political Geography: Global Focus
  • Author: Patrick Porter
  • Publication Date: 06-2018
  • Content Type: Policy Brief
  • Institution: Belfer Center for Science and International Affairs, Harvard University
  • Abstract: Political scientists and historians continue to debate the sources of U.S. grand strategy. Some emphasize the importance of the United States’ material capabilities and large share of relative power; others point to the significance of ideas in shaping policymakers’ choices. Both accounts are incomplete. Two case studies—the first eighteen months of the presidency of Donald Trump and the presidency of Bill Clinton—demonstrate that the United States persists with a strategy of primacy because it has become a habit—an axiomatic, sacrosanct belief system that the American foreign policy establishment perpetuates.
  • Topic: International Affairs, Geopolitics
  • Political Geography: Global Focus
  • Author: Michael B Greenwald
  • Publication Date: 12-2018
  • Content Type: Commentary and Analysis
  • Institution: Belfer Center for Science and International Affairs, Harvard University
  • Abstract: In the post-9/11 era, Washington has waged innovative campaigns against terrorism finance, sanctions evasion, and money laundering. Leveraging America’s heavyweight status in the international financial system, the United States Treasury has isolated and bankrupted rogue regimes, global terrorists, and their enablers. As financial technology transforms global business, the traditional financial system faces new competition across a suite of offerings, ranging from brokerage services to peer to peer lending. In no area is this clearer than in mobile payments, where a global hegemon lies ready to exercise its weight, and it is not the United States
  • Topic: International Relations, International Affairs, Financial Markets
  • Political Geography: Global Focus
  • Author: Martin S. Feldstein
  • Publication Date: 09-2018
  • Content Type: Commentary and Analysis
  • Institution: Belfer Center for Science and International Affairs, Harvard University
  • Abstract: The cost to US consumers and firms imposed by tariffs on Chinese imports is not large relative to the gain that would be achieved if the US succeeds in persuading China to stop illegally taking US firms’ technology. But the Trump administration should state that this is the goal, and that the tariffs will be removed when it is met.
  • Topic: International Cooperation, International Political Economy, International Affairs
  • Political Geography: Global Focus
  • Author: Richard Schmalensee, Robert Stavins
  • Publication Date: 11-2018
  • Content Type: Special Report
  • Institution: Belfer Center for Science and International Affairs, Harvard University
  • Abstract: The U.S. Clean Air Act, passed in 1970 with strong bipartisan support, was the first environmental law to give the Federal government a serious regulatory role, established the architecture of the U.S. air pollution control system, and became a model for subsequent environmental laws in the United States and globally. We outline the Act’s key provisions, as well as the main changes Congress has made to it over time. We assess the evolution of air pollution control policy under the Clean Air Act, with particular attention to the types of policy instruments used. We provide a generic assessment of the major types of policy instruments, and we trace and assess the historical evolution of EPA’s policy instrument use, with particular focus on the increased use of market-based policy instruments, beginning in the 1970s and culminating in the 1990s. Over the past fifty years, air pollution regulation has gradually become much more complex, and over the past twenty years, policy debates have become increasingly partisan and polarized, to the point that it has become impossible to amend the Act or pass other legislation to address the new threat of climate change.
  • Topic: Climate Change, International Affairs
  • Political Geography: Global Focus
  • Author: Todd Schatzki, Robert Stavins
  • Publication Date: 11-2018
  • Content Type: Special Report
  • Institution: Belfer Center for Science and International Affairs, Harvard University
  • Abstract: Like many other states, Oregon has begun to pursue climate policies to attempt to fill the gap created by the lack of effective climate policy at the Federal level. After adopting a variety of policies to address climate change and other environmental impacts from energy use, Oregon is now contemplating the adoption of a greenhouse gas (GHG) cap-and-trade system. However, interactions between policies can have important consequences for environmental and economic outcomes. Thus, as Oregon considers taking this step, reconsidering the efficacy of its other current climate policies may better position the state to achieve long-run emission reductions at sustainable economic costs.
  • Topic: International Affairs
  • Political Geography: Global Focus