Latest in international economic development
The announcement of the mBridge pilot project should serve as a wake-up call to U.S. policymakers seeking to preserve U.S. influence in the global financial system.
In a perfect world, the historic policy and economic changes made to adapt to the pandemic would move the world forward into a future prepared to combat the climate crisis.
The United States should seize the opportunity to help Africa develop its tech infrastructure and business sector.
China and the Arab Gulf states are becoming increasingly engaged in bilateral development projects and are shifting their goals away from good governance.
Editor’s Note: As the United States withdraws both from the Middle East and from its traditional global leadership role under President Trump, rising powers like China and regional players like Saudi Arabia and the United Arab Emirates are moving to take its place. Trade, investment, and reconstruction aid are all in flux. Karen Young of the American Enterprise Institute assesses these new dynamics and finds that the Gulf states and China are moving closer in ways that will shift regional dynamics.
Daniel Byman
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Editor’s Note: The lifting of billions of humans out of poverty is one of the great achievements of our age and should be celebrated. However, this shift at times increases the chances of civil strife and other serious problems. My Brookings and Georgetown colleague (a two-fer!) Raj Desai assesses the rise of a global middle class and the many risks of instability it brings.
Daniel Byman
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Lawfare Brief Reviews is pleased to note Refuge: Rethinking Refugee Policy in a Changing World (Oxford UP, forthcoming September 2017), by Paul Collier and Alexander Betts. Paul Collier is professor of economics at St.