UN Week Blogging

Posted: October 8th, 2012 | Author: | Filed under: Economics, Foreign Policy, South Asia | Tags: , , , , , , , , , , , | No Comments »

Belatedly, taking note of two blog posts I’ve written for Forbes recently based on events I attended during UN Week.

1. The UN hosted an event on energy access and sustainability that was notable because it tried to bridge the gap between environmental activism and anti-poverty work.

Energy access is a critical prerequisite to poverty reduction, necessary for everything from heating homes to delivering public services to powering the businesses that create jobs.

Emerging powers sometimes paint these economic imperatives as incompatible with the fight against climate change. They see emissions caps as an unfair restriction on their economic advancement. But they’re wrong.

The IEA’s most recent World Energy Outlookconcluded (see p. 488) that achieving universal electricity access by 2030 would result in only a 2% increase in global emissions. That’s because the 1.3 billion people living without electricity today live in the world’s poorest countries. And poor countries that do have universal electricity today draw far less power, on a per-capita basis, than rich ones.

Of course, the ultimate aim of expanding energy access is to spur economic growth and allow poor countries to become richer. But even with dramatic economic growth, these countries won’t be approaching the kilowatt-hours consumed in the developed world until long after 2030. And by that time, we could and should have viable, affordable carbon-neutral energy systems in place.

Read the rest here.

2. The Concordia Summit held a panel discussion on women in Afghanistan that was notable because it highlighted the role the U.S. government has played in helping Afghan women achieve economic and political freedom, just days before U.S. government officials began telling the press that the U.S. won’t have much role in the postwar peace.

But the most important, and least frequently discussed danger (it gets no mention in the Timesstory) is the fate of Afghan women. One of the few goods to have come of the ISAF presence in Afghanistan is an Afghan constitution that gives women equal legal status to men (Article 22), the right to go to school (Articles 43 and 44), access jobs (Article 48) and hold political office (Article 84). Not only would a postwar government with Taliban members reverse such gains, but many woman who have made social, political and economic gains in the last decade would be in danger of suffering violent retribution and shaming from the men in their communities.

Read it all here.

I’ll be discussing what NATO withdrawal means for Afghan women on HuffPost Live today at 10:30AM Eastern. You can watch it here.


The IMF Succession

Posted: May 20th, 2011 | Author: | Filed under: Economics | Tags: , , , , , , | No Comments »

I’ve got a post up at Foreign Exchange arguing for a non-EU replacement for DSK:

If one grants the premise of the European argument (that the IMF should be controlled by the people who need it most), one has to grant that the people who need it most aren’t European, and will be less so as time goes on. Indeed, the best way to address the controversy surrounding and resentment toward the IMF in many parts of the developing world, rather than making crass jokes, is to remind people that its primary function is – and has always been – to fight poverty, and to push for a developing world candidate on the grounds that it should be more accountable to those it serves.

More, including my own favorite candidate, here.


Chat with Andris Piebalgs

Posted: September 24th, 2010 | Author: | Filed under: Economics, Foreign Policy, Politics | Tags: , , , , , , , , , , , , , , | No Comments »

My post at Foreign Exchange today is an interview with Andris Piebalgs, the European Commissioner for Development. An excerpt:

Some of your member states have expressed support for a financial transactions tax as a source of funding. What is the Commission’s view of that?

It’s very clear that official aid will need money beyond .7, and then on top of that aid we will need to raise funds for a climate change pledge. We need to start thinking as though at the end of the day somebody will count the money and if you haven’t delivered, you will be responsible for the misery in the world.

Yes, the tax is logical. Why? We tax everything else. All activities are suffering from taxation. Technically, though, it should be difficult to administer. It needs global governance, and in that, it is a test case for the G20. If they can’t do this, it is on them to propose an alternative. We could tax air tickets, say. Much simpler, but much less popular.”

I really enjoyed the whole chat, and encourage you to go read it.


The Failure of Institutions

Posted: December 26th, 2009 | Author: | Filed under: Economics, Politics | Tags: , , , , , | 2 Comments »

Another round of reader requests led to the following reflections on 44’s latest moves on two issues near and dear to me: health care and climate. Read the rest of this entry »


Maha Breaks the Space-Time Continuum

Posted: December 8th, 2009 | Author: | Filed under: Business, Culture, Ephemera, Politics, Video | Tags: , , , , , , , | 1 Comment »

Today, from my bedroom in New York, I video-blog about the problems with the cultural/individualist left, postmodernism and the dire state of environmental reform:

Also today, from Islamabad, I opine on the role of the middle class in Pakistan’s political future:
Capitalism is the best insurer of political stability, Nasr posits, but not all capitalisms are equal. To promote peace, growth must do more than simply reduce absolute poverty by expanding the proverbial economic pie. It must also curb inequality by expanding the middle class, and tie their success explicitly to the stability of the state.

Illustration: Jayachandran / Mint

Illustration: Jayachandran / Mint

The Muslim world’s middle classes are the ultimate stakeholders in the war on terrorism. While demanding liberal pro-growth policies that raise the incomes of those at the bottom, middle-class business leaders remain dependent on the state for core services such as education and healthcare which both facilitate their own entrepreneurship and benefit the poor.

Unlike upper-crust investors, they can’t pack up their assets and their families and leave when political turmoil hits. Because they have real wealth to lose if the state falls apart, middle classes remain engaged in the democratic process and protect democratic institutions from violence and corruption. By strengthening the state, and enriching their societies, they undermine the sales pitch of militant leaders who prey on inequalities and power vacuums to recruit followers. Even in economically troubled, war-torn Pakistan, a small middle class is beginning to play this very role. [Read the rest.]

Am I miraculous, or what?

Obama Plays Institutionalist?

Posted: October 9th, 2009 | Author: | Filed under: Business, Economics, Politics | Tags: , , , | No Comments »

Two weeks ago, I mentioned that I was frustrated with Obama’s approach to big international issues like climate change, because it followed his preference for decentralized consensus governance over the institutions and realpolitik of great power diplomacy. (Worse still is the extent to which others seem to buy into his vision.)

On the environment, the opportunity to throw some real institutionalist punches and ram climate legislation through the Senate passed us by in June, when the House passed the bill and the health care debate hadn’t taken over everyone’s attention spans. Being individualists, the Obama-ites failed to think about the institutional structure of the Senate and the fact that it doesn’t take on more than one big bill at a time, as well as about the institutions of other governments who would not, despite their general admiration for Obama, be duped into taking a handshake from him in December instead of real policy commitments to reduce emissions.

That said, there are occasional fleeting moments where it seems that Obama has grown savvy to these problems with his radical individualism. That’s why, as I reported in Fortune today, he’s using the institutions he still has power over (the executive agencies) to regulate individual industries in lieu of getting a comprehensive bill. In some ways, discretionary regulation beats Congressional oversight–career bureaucrats tend to be less beholden to lobbyists. On the other hand, discretionary regulation tends to be less economically efficient in the policies it produces, because industries are considered piecemeal and without proper attention to the way they interact in the macroeconomy. Furthermore, discretionary regulation is, well, discretionary, and doesn’t have any value once power changes hands. Congressional policies, on the other hand, are very hard to undo once they’re in place. Still, is this better than nothing? Hell, yeah.


International Week

Posted: September 26th, 2009 | Author: | Filed under: Economics, Foreign Policy | Tags: , , , , , , | 4 Comments »

The madness of Qaddafi aside, there was some value to this weeks UN and G20 meetings: they introduced the world to Barack Obama’s foreign policy.

Readers of this blog will know that I am skeptical of 44, because I see him as representing the rise of the liberal-tarian left at the expense of liberal institutionalists like myself. In foreign policy, however, Obama has endorsed the institutionalist path, memorably promising during the campaign that he would negotiate with any and all world leaders instead of taking unilateral action and would engage international institutions to combat international problems like climate change.

I had struggled to reconcile this with his professed love of diffuse power. Now I understand: Obama thinks of governance as consensus building amongst individuals. As a result, his vision of international institutions is much the same as his vision of Congress, as a place we go to engage in banter until we arrive at broad and general consensus, rather than as a place for realpolitik dealmaking around concrete specifics. Read the rest of this entry »


Begging for Discipline

Posted: November 20th, 2008 | Author: | Filed under: Business, Politics | Tags: , , | 2 Comments »

Here’s an interesting new phenomenon: executives going to Washington to beg for regulation.

C-suiters from Google, Starbucks, Nike, Sun Microsystems, Timberland and Levi’s are encouraging Congress to pass legislation (likely under Obama) that will force them to get more energy-efficient and bring us closer to a carbon-neutral economy.

Some of these companies have been hit hard for their social irresponsibility before: remember Nike and the sweatshop debacles of the 1990s? Some of them have great PR, but belong to industries that make a massive footprint on our environment–home electronics like computers make up 20% of our energy consumption. So this shift in rhetoric, if taken up by legislators, is notable.

But it strikes me as strange too: if all these executives recognize that consumers now care about the sustainability of the brands they buy, why not just dive in to the emerging market, instead of begging government to force all your competitors to come with you? I’m in favor of mild government coercion on this issue because I don’t think there are enough pro-environment executives in the big emission sectors (ahem, oil), but that doesn’t explain the behavior of those who do see the pot of gold and still need the government to push them over the rainbow.

It reminds me of this time in middle school when my kid sister bombed a test, knew she needed to study more, and begged my mother to ground her. I didn’t get it then, and I don’t get it now.


It Ain’t Easy Being Green

Posted: June 8th, 2008 | Author: | Filed under: Business, Technology | Tags: , , , , | No Comments »

You know, I always had a thing for Kermit and I was thinking of his famous quip today when I saw this story about UPS. Apparently, the dudes in brown are going “green,” by telling all their drivers to take delivery routes with only right turns. That way, they won’t waste any gas waiting to turn left.

Get real, UPS. Going green, for real, isn’t about making little tweaks like that, though they help. It will require rethinking the big picture of how we live–it means deciding to call a local store near your grandmother’s house to have them deliver her a gift (by bike), INSTEAD of buying a present and shipping it via UPS.

Not to mention that UPS has had this program for two years, but managed to make it a new story this weekend as part of the global warming media hype.

Then again, I’m sometimes afraid to beat up on companies for greenwashing for fear they’ll stop trying altogether.