Economics & Global Affairs

In an interconnected world, cyberattacks are becoming more frequent and sophisticated. Building resilience against this asymmetric threat is critical for countries to protect their economies, critical infrastructure, and democratic institutions. However, cyberattacks do not respect borders, and no country can address this threat alone. The strength and longevity of the transatlantic partnership between the EU and the U.S. presents a unique opportunity to address this strategic threat through international cooperation. Through an analysis of cyberwarfare in the ongoing war in Ukraine, this paper proposes policy recommendations to enhance transatlantic coordination and cooperation against current and future adversaries in a new era of strategic competition. Ultimately, a stronger transatlantic partnership is critical for protecting international democratic norms, building resilience against cyber threats, and strengthening global security and stability.

The following is an event write-up about the recent Project on Europe and the Transatlantic Relationship (PETR) seminar on “France’s Global Role in a Changing World Order” co-moderated by Natalie Colbert, Executive Director of the Belfer Center, and Svenja Kirsch, Fellow with PETR, on April 19, 2023.

Stephen Walt outlines how Washington and Beijing could stop the war in Ukraine.

 Stephen Walt decided to look back to see if 2022 had gone according to his expectations. In his last column of 2021, he had described "Biden’s 2022 Foreign-Policy To-Do List." What did he get right, what did he get wrong, and how well did the Biden administration perform?

Stephen Walt provides A realist POV on the war in Ukraine, competition with China, COVID, and more in the second part of an interview with Foreign Policy Editor-in-Chief Ravi Agrawal.

The price cap on Russian oil implemented today by the G7 countries plus Australia represents a novel approach to sanctions. The policy is designed to reduce Russian fossil fuel revenues while keeping Russian oil on the market. In this brief, Catherine Wolfram, Simon Johnson, and Łukasz Rachel explain the basic economic principles at work and discuss some of the critiques of the price cap. 

The price cap on Russian oil implemented today by the G7 countries plus Australia represents a novel approach to sanctions, according to a policy brief authored by Catherine Wolfram, Simon Johnson, and Łukasz Rachel and released today by Harvard Kennedy School’s Belfer Center for Science and International Affairs and the Mossavar-Rahmani Center for Business and Government. 

Stephen M. Walt describes a "gnawing fear that we are living through a series of disruptions that are overwhelming our collective ability to respond." What does this mean for public confidence in the entire political system, and is there any cause for optimism?

Stephen Walt argues that the true value of more diverse decision-making teams and more open political systems is not that they never make mistakes but rather that they make it more likely that policy blunders will be corrected once it is clear they are not working.

Joseph Nye analyzes the causes of Russia's decision to invade Ukraine.