Newsletter Article, Belfer Center Newsletter
The Belfer Center launched its annual International Council meeting on April 9 with animated discussions of, among others, U.S. energy politics, the links between economic policy and national security, cybersecurity, and the rise of China. Participants included members of the Center's International Council and Board of Directors as well as faculty and senior fellows.
May 9, 2013
Op-Ed, Wall Street Journal
By Martin Feldstein, George F. Baker Professor of Economics at Harvard University
"The Federal Reserve recently announced that it will increase or decrease the size of its monthly bond-buying program in response to changing economic conditions. This amounts to a policy of fine-tuning its quantitative-easing program, a puzzling strategy since the evidence suggests that the program has done little to raise economic growth while saddling the Fed with an enormous balance sheet."
April 24, 2013
Op-Ed, Washington Post
By David Ignatius, Senior Fellow, Future of Diplomacy Project
"John Maynard Keynes once said that words should be used aggressively, “for they are the assault of thoughts on the unthinking.” That’s a starting point for an appreciation of Mervyn King, who will retire soon as governor of the Bank of England and who has displayed the quirky intellectual passion of Keynes himself."
April 12, 2013
Op-Ed, The Straits Times
By Derwin Pereira, International Council Member, Belfer Center for Science and International Affairs
"Oligarchs in Indonesia today have such a stranglehold over the political process that the outcome of next year's presidential race will largely be in their hands. Outsiders eyeing the top post will not get far, even if they are popular, without the approval of one of the nation's powerful families."
April 10, 2013
By Calestous Juma, Professor of the Practice of International Development; Director, Science, Technology, and Globalization Project; Principal Investigator, Agricultural Innovation in Africa
A lecture by Calestous Juma from 3:00–5:30 PM, April 18, 2013, at the Golf Course Hotel in Kampala, Uganda. Organized by the Association for Strengthening Agricultural Research in Eastern and Central Africa (ASARECA). Africa's identity has historically been associated with its vast natural resources which have shaped not only its political culture but also defined its place in the global family of nations. In recent years, however, a new picture of Africa has started to emerge. African economies are increasingly being view as rapid adopters of emerging technologies. The aim of this lecture is to identify approaches for leveraging the world's fund of scientific, technological, and engineering knowledge for rapid economic transformation.
March 26, 2013
Op-Ed, The Atlantic
By Graham Allison, Director, Belfer Center for Science and International Affairs; Douglas Dillon Professor of Government, Harvard Kennedy School
China's new president, Xi Jinping, arrives in South Africa today for a summit of the BRICS: Brazil, Russia, India, China, and South Africa. The leaders who gather will search for what these nations have in common. The larger question, however, is whether this acronym has become an anachronism. Graham Allison explores whether lumping these nations under a single label confuses more than it clarifies.
March 21, 2013
Op-Ed, Boston Globe
By Juliette Kayyem, Lecturer in Public Policy
"The austerity measures enacted in response to the Greek economic crisis have propelled the rise of right-wing politics; nationalist groups are gaining footholds throughout the country. One far-right party, Golden Dawn, has embraced the language and ideology of German fascism, focusing its ire on immigrants. Greece sits at the crossroads of Europe, Africa, and Asia, and shares a porous border with Turkey. The mass migration of refugees from Africa and the Middle East, in particular Syria with its 1 million displaced citizens, has led to increased violence against real and perceived outsiders in Greece."
March 18, 2013
Op-Ed, Washington Post
By Lawrence Summers, Charles W. Eliot University Professor
"Europe’s economic situation is viewed with far less concern than was the case six, 12 or 18 months ago. Policymakers in Europe far prefer engaging the United States on a possible trade and investment agreement to more discussion on financial stability and growth. However, misplaced confidence can be dangerous if it reduces pressure for necessary policy adjustments," warns Lawrence Summers in an op-ed for the Washington Post.
March 13, 2013
Op-Ed, Project Syndicate
By Jeffrey Frankel, James W. Harpel Professor of Capital Formation and Growth
This year marks the 100th anniversaries of two distinct institutional innovations in American economic policy: the introduction of the federal income tax and the establishment of the Federal Reserve. "They are worth commemorating," writes Jeffrey Frankel, "if only because we are at risk of forgetting what we have learned since then."