Klein's Commentary

Go beyond the headlines

The Diplomat Article: The Rise of Global Feudalism

In April 2007, New Century Financial Corporation filed for what was then a little noticed bankruptcy protection. Their mortgage-backed securities had become worthless and by summer Bear Stearns began liquidating hedge funds. Come autumn, Britain’s fifth largest mortgage lender Northern Rock was on the ropes propped up by the Bank of England. The rest is…

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Decline of the West, Rise of the Rest? Think Again

We’re four years past the 2008 financial crisis when Lehman Brothers failed, millions of home owners went under and economic recovery was but a doe-eyed dream. Meanwhile all three of the world’s main engines of growth, the U.S., Europe and Japan are still mired in tepid recovery, if not reversing course altogether. Remember when the…

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Xi Jinping Business Luncheon

The crowd of 600 or so business and diplomatic leaders snaked their way through the security lines at the Marriot Wardman this morning while flag waving supporters gathered outside. Henry Kissinger set the geopolitical context with a reminder on the need for greater U.S.-China ties. The alternatives would be disastrous for both, he emphasized. In…

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How to Reshape Post-Crisis Japan

Japan’s ability to rebound from its triple disaster in March will require more than just rebuilding; it will demand restructuring in areas from energy and farm policy to decentralization of power, write Brian P. Klein and CFR’s David S. Abraham. (more)

Klein/Cukier Foreign Affairs article mentioned in the Financial Times

Financial Times columinst David Pillig discusses Asia’s over reliance on exports and my co-authored Foreign Affairs article with Kenn Cukier. Asia will struggle to escape its export trap, David Pilling, June 25 2009 “As a forthcoming article by Brian Klein and Kenneth Cukier in the journal Foreign Affairs points out, Asia’s export-dependent economies – with…

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Deutsche Welle Radio Interview on Regime Change in North Korea

Disha Uppal finds out more about Kim Jong Un from Brian Klein of the New York-based Council on Foreign Relations, who is currently in Tokyo. Audio of the 6/4/09 interview. Related New York Times article: “North Korea Misfires“, 5/27/09.

Can China Lift Japan Out of Recession?

Hopes are high and rising that a near-term China recovery, fueled by an estimated $587 billion stimulus plan and massive bank lending, will be a boon to Japan’s ailing export sector. This new demand is expected to lift China out of recession even before the United States and Europe recover. China’s stimulus, however, is neither…

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