BASC Newsletter – Winter 2022, Volume 2

The articles in this newsletter reflect the work that BASC has been doing on these fronts over the last year.

BASC Projects

To begin, we are pleased to present two adapted versions of published articles that are a part of our “Indo-Pacific Geo-Economic Competition Project.” In the first, I join BASC Deputy Director Andrew Reddie in examining economic statecraft in the 21st Century and outlining the implications for the future of the global trade regime. In the second, BASC Associate Director Tim Marple discusses the international race for digital fiat currencies and steps for the United States to restore its leadership through a digital dollar.

Research Analysis

We are also excited to present a series of research analyses that examine the range of strategic, economic, and social concerns that BASC looks to address. Project Director Ishana Ratan offers commentary on the contours of U.S.-China clean technology competition, the origins of these great powers’ industrial policy strategies, and the implications for clean technology governance going forward. Our undergraduate Research Assistants have also made valuable contributions. Wanjun Zhao assesses the importance of news media in shaping public opinions and the political and economic determinants of media biases in the ongoing U.S.-China trade war. Zeroing in on state incentives, regime effectiveness, and systemic factors, Zhijie Ding analyzes the dual crises of the World Trade Organization and provides policy recommendations for institutional reform. Finally, Gavin Zhao documents the challenges that the UK’s and China’s accession applications pose to the scope and strength of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).