战略与国际研究中心-Global-Economics-Monthly,-July-2019_2页_532kb

Global Economics Monthly Summary

Core Content

The Global Economics Monthly is a monthly newsletter published by the Simon Chair in Political Economy at CSIS in July 2019. It highlights the activities, insights, and analyses of the Simon Chair team and related experts, focusing on global economic issues and the role of the United States and China in shaping the international economic order.

The publication emphasizes the importance of U.S. and Chinese responsibility in maintaining and evolving the global economic system. It discusses how both nations must engage more proactively to ensure stability and fairness in international trade, finance, and technology.

Main Topics and Key Points

1. More Responsible Stakeholders

• Author: Matthew P. Goodman
• Key Message: The U.S. and China have significant stakes in the global economic order and must act more responsibly to uphold it.
• Insight: Both countries need to update and strengthen the rules that govern the global economy to prevent instability and promote equitable growth.

2. Home and Abroad: Building U.S. Global Economic Leadership on Strong Domestic Foundations

• Content: A new essay collection by CSIS experts explores how the U.S. can reaffirm its leadership through effective domestic and international policies.
• Focus Areas: Economics, trade, energy, technology, and development.
• Implication: Strong domestic policies are essential for the U.S. to project economic leadership globally.

3. Parsing the Osaka G20 Communiqué

• Event: 14th G20 Summit in Osaka, Japan (June 28–29, 2019)
• Analysis: Matthew P. Goodman provides an interpretation of the summit outcomes and outlines future expectations.
• Key Insight: The summit was a significant event where 85% of the global economy was represented, and it highlighted the need for coordinated global economic strategies.

4. Fear Won't Stop China's Digital Silk Road

• Theme: U.S. and its allies must encourage Western companies to invest in emerging markets to counter China's influence in digital infrastructure.
• Key Point: The U.S. needs to take a more assertive stance to prevent China from dominating future technologies and networks.

5. Can CPEC Meet Pakistan's Development Goals?

• Topic: Evaluation of the China-Pakistan Economic Corridor (CPEC).
• Argument: While CPEC is expected to drive Pakistan's development, the debt burden without significant reforms could be detrimental.
• Conclusion: Serious domestic reforms are necessary for CPEC to achieve its intended economic benefits.

Additional Highlights

• In the News:
  • Shinzo Abe's Economic Focus: His renewed emphasis on economics in his 2012 administration contrasts with his earlier neglect, according to Matthew Goodman.
  • RMB Internationalization: China's trade and financial linkages support the use of the RMB globally, but capital account convertibility remains a major barrier.
  • Belt and Road Initiative (BRI) Monitoring: China plans to deploy government agents to oversee BRI projects, which may increase its political influence in partner countries.

Upcoming Events

JUL. 30: Hong Kong and the Indo-Pacific Political Economy

• Speaker: Kurt Tong, former U.S. Consul General to Hong Kong and Macau
• Time: 4:00 – 5:00 pm
• Focus: Indo-Pacific political economy, with a particular emphasis on Hong Kong.
• Registration: Register Here

AUG. 8: Building Bridges? Development and Infrastructure in U.S.-China Relations

• Format: Expert panel discussion
• Time: 9:00 – 10:30 am
• Topics: Infrastructure, development, and U.S.-China economic relations.
• Registration: Register Here

On-Demand Events

JUL. 17: G20 Osaka Debrief: What, So What, Now What?

• Format: Keynote discussion between U.S. and Japan's G20 Sherpas, followed by an expert panel.
• Focus: Analysis of the G20 outcomes and next steps.
• Access: Watch Here

Team Members

• Matthew P. Goodman: Senior Vice President & CSIS Simon Chair
• Grace Hearty: Deputy Director
• Jonathan Hillman: Senior Fellow & Reconnecting Asia Director
• Stephanie Segal: Senior Fellow
• Maesea McCalpin: Program Manager & Research Associate
• Dylan Gerstel: Research Assistant
• Pearl Risberg: Program Coordinator & Research Assistant
• Megan Zsorey: Program Coordinator & Research Assistant
• Mikaela Zallen: Research Intern
• Mayaz Alam: Research Intern
• Ryan Kennedy: Research Intern

Conclusion

The Global Economics Monthly serves as a platform for discussing pressing global economic issues, particularly the roles of the U.S. and China in shaping the future of the international economic order. It highlights the need for responsible leadership, strategic policy engagement, and reform to ensure sustainable development and economic stability. The publication also provides updates on key events, analyses, and expert insights, making it a valuable resource for understanding the dynamics of global economics.