Main Edition
Back to Basics: The Benefits of Paradigmatic International Organizations
by Kristina Daugirdas & Katerina Linos[*] [Full text of this Article in PDF is available at this link] In the early 2000s, small “coalitions of the willing,” flexible networks, and nimble private-public partnerships were promoted as alternatives to bureaucratic, consensus-seeking, and slow-moving international organizations. The Global Fund to Fight AIDS, Tuberculosis and Malaria was established as an efficient alternative to the lumbering World Health Organization. The Basel Committee, the Financial Stability Forum, and the...
Volume 14, Issue 1
Volume 14, Issue 1 is out!
The Orkney Slew and Central Bank Digital Currencies
by Gary B. Gorton and Jeffery Y. Zhang[*] [Full text of this Article in PDF is available at this link] Introduction The advent of cryptocurrencies—particularly stablecoins, which are digital tokens that can circulate as private money—has ignited a debate on the government’s role in providing a sovereign alternative. This sovereign alternative is oftentimes referred to as a “central bank digital currency.” Dozens of governments and central banks are now deciding whether to create one and, if so, how to design and operationalize...
It’s Not Just the Economics: Why U.S. Leadership on CBDCs Is a National Security Imperative
by Daleep Singh[*] [Speech in PDF is available at this link] Remarks delivered at the Harvard National Security Journal’s Symposium on Digital Currencies and National Security on October 14, 2022. [*] Chief Global Economist and Head of Global Macroeconomic Research at Prudential Global Investment Management (PGIM). Former Deputy National Security Advisor for International Economics and Deputy Director of the National Economic Council. The views expressed in this speech are the author’s own and do not represent any position of PGIM...
The U.S. Dollar and Central Bank Digital Currencies
by Christopher J. Waller[*] [Speech in PDF is available at this link] Remarks delivered at the Harvard National Security Journal’s Symposium on Digital Currenciesand National Security on October 14, 2022. [*] Member of the Board of Governors of the Federal Reserve System. The views expressed in this speech are the author’s own and do not represent any position of the Board of Governors or other Federal Reserve policymakers.
A Meeting of Minds on Central Bank Digital Currencies for the United States: Commentaries from Participants in the Harvard National Security Journal’s October 14, 2022 Symposium on Digital Currencies and National Security
by Howell Jackson[*], Antionette Schoar[†], and Timothy Massad[‡] [Commentaries in PDF is available at this link] [*] James S. Reid, Jr., Professor of Law, Harvard Law School. [†] Stewart C. Myers-Horn Family Professor of Finance and Entrepreneurship, MIT Sloan School of Management. Ph.D. in Economics, University of Chicago. [‡] Director of the Digital Assets Policy Project at the Harvard Kennedy School Mossavar Rahmani Center for Business and Government. Former Chairman of the Commodity Futures Trading Commission and former...
Online Edition
Perfidy in Cyberspace: The Requirement for Human Confidence
Five Legal Takeaways from the Syrian War
Speech—The United States Court of Appeals for Veterans Claims: The Newest Federal Court Experiment, Past, Present, and Future
A Quantum Leap in International Law on Cyberwarfare: An Analysis of International Cooperation with Quantum Computing on the Horizon
In our latest Student Article, Dominic Rota, Belmont University College of Law ’18, discusses the implications of the advent of quantum computing on the international legal regulation of cyberwarfare.
Intelligence Collection of the People, by the People and for the People: How Crowdsourcing the Detection of WMDs Could Change the Way We Protect Ourselves
by Jonathan Fischbach
Not Your Grandfather’s Zone of Twilight: Civil Military Relationships in Debatably Legal Precision Strikes
by Major Dan Maurer—Limited strikes of debatable legality, such as the Trump Administration’s strike against Syrian chemical weapons facilities last spring, are likely to continue happening. Major Dan Maurer of the U.S. Army outlines 13 generic questions to guide senior military officers as they discuss planning these missions with civilian decision-makers.
5G, Standard-Setting, and National Security
by Eli Greenbaum—The Trump Administration recently blocked Broadcom’s proposed acquisition of Qualcomm, citing concerns about Chinese involvement in the process of establishing a technical standard for 5G networks. Eli Greenbaum of Yigal Arnon & Co. argues that these concerns defy longstanding U.S. positions and are unfounded.
Overseeing or Interfering? A Functional Alternative to Congressional Oversight in Intelligence and Operations
by Major Sean B. Zehtab—How should we design oversight of cyber-operations and intelligence gathering as such operations will increasingly take place at the tactical level? Major Sean B. Zehtab of the U.S. Army argues that we should look to the Command Operations Review Board of the U.S. Special Operations Command for guidance.
Water Scarcity: The Most Understated Global Security Risk
By Major David J. Stuckenberg and Dr. Anthony L. Contento — This Article examines the global state of freshwater scarcity and the often-neglected linkages of water scarcity to economic, social, political, legal, and security consequences arising from disruptions, failures, or attacks on water access and distribution systems. Poorly understood links between access to adequate water and national stability pose severe global security risks.