WorldAffairs

This week marks the 10th anniversary of the collapse of Bear Stearns, the first of several large investment banks on Wall Street to fall in 2008. Its eventual sale at $10 a share to JP Morgan (down from $159 a year earlier) set off a spiraling loss of confidence that eventually led to the global financial crisis. Ten years later we unpack the forces that led to Bear Stearns’ downfall. What lessons have we learned and are we at risk of another global financial catastrophe? William Cohan, former investment banker and author of “House of Cards” – a chronicle of the Bear Sterns collapse, and David Wessel, senior fellow in economic studies at the Brookings Institution, are in conversation with Ray Suarez, former chief national correspondent for PBS Newshour.

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Direct download: 03_12_18_Bear_Stearns.mp3
Category:News & Politics -- posted at: 7:00am PDT

With tax cuts, trade tariffs, and military spending grabbing headlines, the recently passed budget and its impact on American society – the wealthy, the poor, and everyone in-between – is President Trump's policy in action. Budgets are not just about dollars and cents, they're also about values, so what does Trump's 2018 budget say about the priorities of the White House, and what does it mean for America's future? Robert Reich, former Secretary of Labor in the Clinton Administration, and Greg Ip, chief economics commentator for the Wall Street Journal, are in conversation with Ray Suarez, former chief national correspondent for PBS Newshour.

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Direct download: 03_05_18_US_Budget.mp3
Category:News & Politics -- posted at: 7:52am PDT

The Middle East has been a key focus of American foreign policy for the last three decades, and the events of 2017 ensure it will remain an area of focus. Between volatile proxy wars in Yemen and Syria, a declaration to move the US Embassy in Israel to Jerusalem and new protests in Iran, entrenched conflicts transformed and created new flashpoints over the course of the year. As the lead negotiator for peace processes in the Middle East under Presidents George H. W. Bush and Bill Clinton, Ambassador Dennis Ross skillfully brokered agreements between Israel and Palestine, digging into the messiest relationships in the region. How do the conflicts in the Middle East today compare to the situation under other administrations? What is the next stop on the long road to peace? Join us as Ambassador Ross shares his extensive diplomatic experience and discusses the Trump administration’s foreign policy in the Middle East.

SPEAKER:
Dennis Ross
Davidson Distinguished Fellow, Washington Institute for Near East Policy

MODERATOR:
Jane Wales
CEO, World Affairs and Global Philanthropy Forum; Vice President, The Aspen Institute

For more information please visit: http://worldaffairs.org/event-calendar/event/1800

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Direct download: 02_26_18_Dennis_Ross.mp3
Category:News & Politics -- posted at: 10:59am PDT

The immigration debate has roared to the front of Washington, D.C.’s and the country’s agenda. At stake is the fate of DACA, the Deferred Action for Childhood Arrivals program, scheduled to expire on March 5th. That issue has been tied to increased border security, a possible wall on our southern border, the family reunification policy and a lower cap on refugee resettlement. As DACA hangs in the balance, what is the future for comprehensive immigration reform? Ali Noorani, Executive Director of the National Immigration Forum, is in conversation with Ray Suarez, former chief national correspondent for the PBS Newshour.

This is Ray Suarez's maiden interview with World Affairs.

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Direct download: 02_19_18_Noorani_Suarez-Immigration.mp3
Category:News & Politics -- posted at: 7:51am PDT

Capital has changed and capitalism is changing as a result. For the first time in history, businesses are investing more in things you can neither see nor touch – so-called intangible capital – than in traditional physical assets like buildings, machines, computers or vehicles. Intangible capital, such as R&D, design, software, brands and organisational capabilities, have different economic properties from traditional assets. As a result, the rise of the intangible economy is changing the economy and society in important and non-obvious ways. This new intangible economy helps explain a range of big puzzles and problems: why productivity is stagnating, why inequality is rising, why populism is on the rise. It also helps managers, investors and policymakers understand what to do about it.

Jonathan Haskel, economics professor at Imperial College Business School, and Stian Westlake, policy adviser to the Minister of State in the Department of Business, Energy, and Industrial Strategy at the University of Cambridge, have written a new book, "Capitalism without Capital." They will discuss this new economic trend and what it means for the future.

SPEAKERS

Jonathan Haskel
Professor of Economics, Imperial College Business School, Imperial College London

Stian Westlake
Policy Adviser to the Minister of State, Department for Business, Energy, and Industrial Strategy, Center for Science and Policy, University of Cambridge

MODERATOR:

Jane Wales
CEO, World Affairs and Global Philanthropy Forum; Vice President, The Aspen Institute

Direct download: 02_12_18_Intangible_Economy.mp3
Category:News & Politics -- posted at: 11:29am PDT

In a symbolic breakthrough, North and South Korean teams will march together under a single unified flag during opening ceremonies at the Winter Olympic Games. Does this rare show of unity signify a substantial thaw in diplomatic relations on the Korean Peninsula? How might this impact growing international tensions related to North Korea’s nuclear weapons program? Gi-Wook Shin, Director of the Shorenstein Asia-Pacific Research Center, and Kathleen Stephens, Former US Ambassador to South Korea, discuss the precarious relationship between the two Koreas. In the second part of this episode, World Affairs' CEO Jane Wales talks with David Sanger, Chief Washington Correspondent for The New York Times, about how the US might turn to cyberwarfare to contain the threat of a nuclear North Korea.

 

SPEAKERS

Gi-Wook Shin
Director of the Shorenstein Asia-Pacific Research Center

Kathleen Stephens
Former US Ambassador to South Korea

MODERATOR:

Jane Wales
CEO, World Affairs and Global Philanthropy Forum; Vice President, The Aspen Institute

For more information about this event please visit: http://worldaffairs.org/media-library/event/1795

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Direct download: 02_05_18_Shin_Stevens_Sanger.mp3
Category:News & Politics -- posted at: 7:44am PDT

In his first year in office, President Donald Trump has broken with decades of US foreign policy orthodoxies and injected tremendous uncertainty into a world already in flux. What is behind the Administration’s ‘America First’ doctrine, and what does it signal for the future of US global leadership and international cooperation? Stewart Patrick, the James H. Binger senior fellow in global governance and director of the International Institutions and Global Governance program at the Council on Foreign Relations, will discuss the importance of sovereignty in US politics and how the United States can retain its constitutional independence while cooperating with others to dampen the risks of globalization. Patrick's latest book "The Sovereignty Wars: Reconciling America with the World," offers a clear-eyed framing of the sovereignty debate in terms of what is actually at stake, when it's appropriate to make bargains and how to go about doing so.

SPEAKER:
Stewart Patrick
Council on Foreign Relations

MODERATOR:
Jane Wales
CEO, World Affairs and Global Philanthropy Forum; Vice President, The Aspen Institute

For more information please visit: http://worldaffairs.org/event-calendar/event/1792

We want to hear from you! Please take part in a quick survey to tell us how we can improve our podcast: https://www.surveymonkey.com/r/PWZ7KMW

Direct download: 01_24_18_Stewart_Patrick.mp3
Category:News & Politics -- posted at: 8:07am PDT

From North Korea to Jerusalem, President Trump is facing unprecedented foreign policy changes -- some arguably of his own making, some not. Trump's diplomacy is under the microscope as tensions rise in the Middle East and Asia, so where do we go from here? In this special program, World Affairs' CEO Jane Wales talks with Janine Zacharia, former Jerusalem Bureau Chief of The Washington Post, and also David Sanger, Chief Washington Correspondent for The New York Times. Can Trump pivot away from searing rhetoric and instead work toward strengthening diplomacy abroad?

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Direct download: 01_22_18_David_Sanger-Janine_Zacharia.mp3
Category:News & Politics -- posted at: 11:11am PDT

China’s rapid growth and transition towards a more market-oriented economic system have encouraged spectators to predict massive changes to the Chinese political and social system. However, while growth is slowing, the economy remains sound and the Chinese Communist Party emerged from the 19th Party Congress with its strongest leader in years. What makes experts forecast again and again that China is on the verge of collapse? Yukon Huang, former Country Director for China at the World Bank, cuts through the myths and joins us to discuss his new book, "Cracking the China Conundrum: Why Conventional Economic Wisdom is Wrong." His in-depth analysis explores the varied dynamics at play in China’s economic growth today and sheds light on why so many China watchers have gotten it wrong.

SPEAKER:

Yukon Huang
Senior Fellow, Asia Program, Carnegie Endowment for International Peace

MODERATOR:

N. Bruce Pickering
Vice President of Global Programs, Asia Society and Executive Director, Asia Society Northern California, Asia Society

 

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Direct download: 11_30_17_Yukon_Huang.mp3
Category:News & Politics -- posted at: 11:32am PDT

Food security is one of Africa's most pressing issues. Globally, 800 million people are undernourished, with 281 million coming from sub-Saharan Africa. Alliance for a Green Revolution in Africa (AGRA) is working to mitigate poverty and hunger by supporting local farmers. Two pioneers of this initiative, Strive Masiyiwa, Founder and Executive Chairman of Econet, and Jeff Raikes, former Chief Executive Officer of the Bill & Melinda Gates Foundation, discuss how AGRA is tailoring solutions for African partners. They're in conversation with World Affairs CEO Jane Wales.

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Direct download: 01_08_18_Masiyiwa_Raikes_Wales.mp3
Category:News & Politics -- posted at: 11:16am PDT