EAST ASIA
October 30, 2009
"Why the Renminbi has to Rise to Address Imbalances"
Op-Ed, Financial Times
By Martin Feldstein, George F. Baker Professor of Economics at Harvard University
"China's policy of keeping the renminbi weak means that the US dollar must decline more rapidly against the euro, yen and other currencies to achieve the same overall trade-weighted fall of the dollar," says Martin Feldstein, member of the Belfer Center's board of directors. "China's weak renminbi policy therefore not only prevents remedying China's large current account surplus but also reduces Europe's exports," he says.
October 23, 2009
"Three Pillars of Post-2012 International Climate Policy"
Policy Brief
By Sheila M. Olmstead, Former Research Fellow, Environment and Natural Resources Program, 2001–2002 and Robert N. Stavins, Albert Pratt Professor of Business and Government; Member of the Board; Director, Harvard Project on International Climate Agreements
Our proposal for a post-2012 international global climate policy agreement contains three essential elements: meaningful involvement by key industrialized and developing nations; an emphasis on an extended time path of targets; and inclusion of market-based policy instruments. This architecture is consistent with fundamental aspects of the science, economics, and politics of global climate change.
October 13, 2009
"U.S., Russia Must Lead on Arms Control"
Op-Ed, Politico
By General Brent Scowcroft, Joseph S. Nye, Harvard University Distinguished Service Professor, R. Nicholas Burns, Professor of the Practice of Diplomacy and International Politics and Strobe Talbott
"The Nobel Peace Prize Committee cited Obama's dedication to arms control and nonproliferation when announcing last Friday his selection as this year's laureate. If he creates a positive, mutually reinforcing dynamic in the way he presents and sequences the two treaties [NPT and CTBT], it will give momentum and coherence to follow-on negotiations and the agreements that they produce."
October 13, 2009
"Obama's Nuclear Agenda"
Op-Ed, Daily News Egypt
By Joseph S. Nye, Harvard University Distinguished Service Professor
"So long as the world remains a dangerous place with several nuclear weapons states, Obama must reassure its allies about the credibility of American guarantees of extended deterrence. Otherwise, reductions that create anxieties in other countries could lead them to develop their own weapons and thus increase the number of nuclear weapons states."
Fall 2009
"China's Naval Nationalism: Sources, Prospects, and the U.S. Response"
Journal Article, International Security, issue 2, volume 34
By Robert Ross
Recent developments in Chinese politics and defense policy indicate that China will soon embark on an ambitious maritime policy that will include construction of a power-projection navy centered on an aircraft carrier. But just as nationalism and the pursuit of status encouraged past land powers to seek great power maritime capabilities, widespread nationalism, growing social instability, and the leadership's concern for its political legitimacy drive China's naval ambition.
Fall 2009
"Bad Debts: Assessing China's Financial Influence in Great Power Politics"
Journal Article, International Security, issue 2, volume 34
Commentators and policymakers have articulated growing concerns about U.S. dependence on China and other authoritarian capitalist states as a source of credit to fund the United States' trade and budget deficits. What are the security implications of China's creditor status? If Beijing or another sovereign creditor were to flex its financial muscles, would Washington buckle?
October 9, 2009
"Whatever He Decides, Afghanistan Will Hurt Obama"
Op-Ed, The Providence Journal
By Aaron Rapport, Research Fellow, International Security Program
"...Obama is unlikely to decrease his commitment to Afghanistan, even if assessments of the situation there grow increasingly dire. Instead he will probably opt to push the day of reckoning down the road. This is not just cynical politics on Obama's part. Powerful, success-oriented individuals tend to believe they can find solutions to even the most intractable problems if they are given enough time. As a result, they underestimate the long-term risks and costs of their actions."
Summer 2009
"The Art of China's Mediation during the Nuclear Crisis on the Korean Peninsula"
Journal Article, Asian Affairs: An American Review, issue 2, volume 36
By Jason Qian and Xiaohui (Anne) Wu, Associate, International Security Program/Project on Managing the Atom
Mediating regional conflict in Asia is a delicate art. It requires an acute understanding of the unique mediation culture in the region. China's mediation in the nuclear crisis on the Korean Peninsula reveals key elements of this art and offers useful lessons. China's experience illustrates that an influential but neutral and harmony-oriented mediator is critical in the Asian context.
September 21, 2009
"Yes: The Transition Can Be Gradual—and Affordable"
Op-Ed, Wall Street Journal
By Robert N. Stavins, Albert Pratt Professor of Business and Government; Member of the Board; Director, Harvard Project on International Climate Agreements
"...[T]he U.S. and China have been involved in intense talks about climate policy. If the two nations come together in a bilateral agreement—a real possibility—they would have much more leverage to persuade other major nations to join. From there, developing nations could be brought on board by giving them targets that reduce emissions without stifling growth. Advanced nations might agree to more-severe emissions cuts and allow developing nations to make gradual cuts in the early decades as they rise toward the world's average per-capita emissions. With the right incentives, developing countries can and will move onto less carbon-intensive growth paths."
September 20, 2009
"The Essential Pillars of a New Climate Pact"
Op-Ed, Boston Globe
By Sheila M. Olmstead, Former Research Fellow, Environment and Natural Resources Program, 2001–2002 and Robert N. Stavins, Albert Pratt Professor of Business and Government; Member of the Board; Director, Harvard Project on International Climate Agreements
THE climate change summit at the United Nations on Tuesday is aimed to build momentum for the 15th Conference of the Parties to the UN Framework Convention on Climate Change in Copenhagen in December, where nations will continue negotiations on a successor to the 1997 Kyoto Protocol, which expires in 2012. To be successful, any feasible successor agreement must contain three essential elements: meaningful involvement by a broad set of key industrialized and developing nations; an emphasis on an extended time path of emissions targets; and inclusion of policy approaches that work through the market, rather than against it.
