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Philip Snow

Philip Snow

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Philip Snow is the author of The Fall of Hong Kong: Britain, China, and the Japanese Occupation (Yale University Press, 2004) and, most recently, China and Russia: Four Centuries of Conflict and Concord (Yale University Press, 2023).

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  1. China and Russia’s Long Dance
    op_snow1_PAVEL BYRKINSPUTNIKAFP via Getty Images_xiputin Pavel Byrkin/Sputnik/AFP via Getty Images

    China and Russia’s Long Dance

    Apr 28, 2023 Philip Snow assesses the origins of and prospects for today's Sino-Russian relations from a deeper historical perspective.

  1. gros192_The Washington PostGettyImages_us_plant_construction The Washington Post/Getty Images
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    Can Industrial Policy Revive Manufacturing?

    Daniel Gros

    Though US President Joe Biden’s massive industrial-subsidy programs have fueled a construction boom, they have failed to revive US manufacturing output – a goal that Donald Trump’s tariff-based approach will also fail to achieve. In the US and the EU alike, resisting the secular trend of “de-manufacturing” may well be a losing battle.

     shows that Joe Biden’s subsidies failed to boost industrial production – and Donald Trump’s tariffs will, too.
  2. cabreraleal1_LUIS ACOSTAAFP via Getty Images_colombiamining Luis Acosta/AFP via Getty Images
    Free to read
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    Responsible Mining Can Advance Global Environmental Goals

    Mauricio Cabrera Leal urges global policymakers to establish mechanisms that promote ethical resource extraction.
  3. boehm1_Alona HorkovaGetty Images_moneytransfer Alona Horkova/Getty Images
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    The Missing Monetary-Policy Tool

    Johannes Boehm & Xavier Jaravel think that central banks should be prepared to carry out direct transfers to households as a last resort.
  4. husain1_Asif HassanGettyImages_karachi_market Asif Hassan/Getty Images
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    The Right Medicine for Pakistan’s Ailing Economy

    Aasim M. Husain thinks a reduced dose of austerity and more liquidity could help fix the country’s debt problem.
  5. eijffinger21_Kent NishimuraGettyImages_jay_powell Kent Nishimura/Getty Images
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    What If Trump Subdues the Fed?

    Sylvester Eijffinger & Edin Mujagic wonder how far the next president will go to control monetary policymaking.
  6. eichengreen197_Getty Images Getty Images
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    An Economic Requiem for the Biden Administration

    Barry Eichengreen assesses the outgoing US president’s record on GDP growth, employment, inflation, trade, and immigration.
  7. paine1_getty images1 Getty Images
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    When Russia Fights the Wrong Enemy

    S.C.M. Paine urges Vladimir Putin’s entourage to secure peace in Ukraine before they find themselves at China’s mercy.
  8. qian39_Getty Images Getty Images
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    China’s Economy Has Not Peaked

    Nancy Qian

    Rather than use “normal” policy tools, such as interest rates and fiscal spending, to address low consumption or deflationary pressures, Chinese policymakers should be pursuing fundamental reforms that address the issues underlying these problems. The key is to allow for a more market-driven allocation of land, money, and labor.

     concludes that, with fundamental reforms, another wave of rapid economic growth is possible.
  9. schmidt6_Getty Images Getty Images
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    We Need Energy for AI, and AI for Energy

    Eric Schmidt explains what the United States must do to secure the power the next technological revolution will require.

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