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2. In the Gulf, China Plays to Win but US has Upper Hand
- 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
3. Envisioning a New Economic Middle East: Reshaping the Gulf with Israel
- Author:
- Michael B Greenwald
- Publication Date:
- 03-2019
- Content Type:
- Commentary and Analysis
- Institution:
- Belfer Center for Science and International Affairs, Harvard University
- Abstract:
- We can envision the advent of a new economic revolution forming in the Shia crescent as a new, cohesive political force in the Middle East between Sunni Gulf Arabs and Israel by deepening rapprochement to counter Iran’s expansion. Alongside years of discreet contact and informal diplomatic backchannels between Gulf Countries and Israel, the future portends closer economic links between these power blocs. With the combination of Israeli technology and Gulf capital, there is no shortage of synergies eager to be developed, as Gulf States explore new visionary economic reforms looking beyond a dependence on oil revenues.
- Topic:
- International Affairs
- Political Geography:
- Israel
4. Kazakhs Wary of Chinese Embrace as BRI Gathers Steam
- Author:
- Philippe Le Corre
- Publication Date:
- 02-2019
- Content Type:
- Commentary and Analysis
- Institution:
- Belfer Center for Science and International Affairs, Harvard University
- Abstract:
- Kazakhstan is one of China’s direct neighbours, and a prominent one by size and border. As the Chinese proverb states, “a close neighbour is more valuable than a distant relative”,[1] hence the importance of Sino-Kazakh ties, especially at a time when Beijing tries to promote its “Belt and Road Initiative” (BRI) across Eurasia. The country has a 1782.75 km-long border with China, and shares much history and people with the former Middle Kingdom. Although data is sparse, it is known that many Uyghurs –the main tribe of Xinjiang, China’s troubled autonomous region – live in Kazakhstan. There are also ethnic Kazakhs living on the Chinese side, in Xinjiang (many of them facing great political difficulties, if not persecutions).
- Topic:
- International Relations and International Affairs
- Political Geography:
- China
5. The Islamic Revolution at 40
- Author:
- Djavad Salehi-Isfahani
- Publication Date:
- 02-2019
- Content Type:
- Commentary and Analysis
- Institution:
- Belfer Center for Science and International Affairs, Harvard University
- Abstract:
- The Islamic Republic of Iran marks its 40th anniversary this week. But, with the country beset by a severe economic crisis, the question on everyone’s lips –within Iran and the diaspora alike – seems to be whether the Islamic Revolution has actually improved Iranians’ lives.
- Topic:
- International Political Economy and International Affairs
- Political Geography:
- Iran
6. 3 Reasons Why the Fed Wants to Keep Raising Interest Rates
- 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 and Financial Markets
- Political Geography:
- Global Focus
7. From Silicon Valley to Shenzhen: Dollar Exposures in Chinese Fintech
- 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, and Financial Markets
- Political Geography:
- Global Focus
8. The China Tariff Mess
- 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, and International Affairs
- Political Geography:
- Global Focus