In the latest Five-Year Plan, the Chinese president cements the shift to an innovation-driven economy over a consumption-driven one.
Damien Ma
{
"authors": [
"Carole Nakhle",
"Philip Daniel",
"Anthony Paul",
"Salli A. Swartz",
"Satya Widya Yudha"
],
"type": "other",
"centerAffiliationAll": "dc",
"centers": [
"Carnegie Endowment for International Peace",
"Malcolm H. Kerr Carnegie Middle East Center"
],
"collections": [],
"englishNewsletterAll": "menaTransitions",
"nonEnglishNewsletterAll": "",
"primaryCenter": "Malcolm H. Kerr Carnegie Middle East Center",
"programAffiliation": "MEP",
"programs": [
"Middle East"
],
"projects": [
"Carnegie Oil Initiative"
],
"regions": [],
"topics": [
"Economy",
"Climate Change"
]
}Source: Getty
The oil price is the most obvious trigger of change in the relationship between host governments and investors.
Source: Natural Resource Governance Institute
This year, the NRGI conference focused on the implications of falling commodity prices, bringing together policy makers, practitioners, academics and other leading experts (including many from developing countries) to discuss the salient policy and governance challenges and the latest analysis on these issues. The conference provided a forum for highly interactive debate, showcasing new thinking, policy experience and emerging practice.
Carnegie’s Carole Nakhle initiated the talk with a discussion on the oil price’s impact on the bargaining power between host governments and investors at the negotiating table.
Former Nonresident Scholar, Middle East Center
Nakhle was a nonresident scholar at Carnegie Middle East Center, specializing in international petroleum contracts and fiscal regimes for the oil and gas industry, world oil and gas market developments, energy policy, and oil and gas revenue management.
Philip Daniel
Anthony Paul
Salli A. Swartz
Satya Widya Yudha
Carnegie does not take institutional positions on public policy issues; the views represented herein are those of the author(s) and do not necessarily reflect the views of Carnegie, its staff, or its trustees.
In the latest Five-Year Plan, the Chinese president cements the shift to an innovation-driven economy over a consumption-driven one.
Damien Ma
Rather than climate ambitions, compatibility with investment and exports is why China supports both green and high-emission technologies.
Mathias Larsen
“Involution” is a new word for an old problem, and without a very different set of policies to rein it in, it is a problem that is likely to persist.
Michael Pettis
While China's investment story seems contradictory from the outside, the real answers to Beijing's high-quality growth ambitions are hiding in plain sight across the nation's cities.
Yuhan Zhang
China's stimulus addiction cannot go on forever. Beijing still has policy space to clean up the country's massive debt issue, but time is running short.
Michael Pettis