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Christopher Smart

Christopher Smart

13 commentaries

Christopher Smart is Managing Director, Chief Global Strategist, and Head of the Barings Investment Institute. He is a former special assistant to the US president for international economics, trade, and investment (2013-15) and deputy assistant secretary of the treasury for Europe and Eurasia (2009-13).

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  1. Biden’s China Challenge
    op_smart4_Thomas Peter-PoolGetty Images_trump xi Thomas Peter/Pool/Getty Images

    Biden’s China Challenge

    Mar 5, 2021 Christopher Smart reviews four recent books examining the past and present of Sino-American relations.

  2. This Time Really Is Different
    global communication network concept metamorworks/Getty Images

    This Time Really Is Different

    Feb 20, 2019 Christopher Smart thinks investors will face unprecedented technological and political uncertainty in the next business cycle.

  3. Could the Renminbi Challenge the Dollar?
    Chinese Yuan Renminbi and Dollar banknotes Wodicka/ullstein bild via Getty Images

    Could the Renminbi Challenge the Dollar?

    Feb 2, 2018 Christopher Smart reviews three recent books examining China’s quest to challenge American financial dominance.

  4. The Real Risk to the Global Economy
    A man walks past a display showing bank notes Anthony Wallace/AFP/Getty Images

    The Real Risk to the Global Economy

    Nov 8, 2017 Christopher Smart argues that institutional drift and decay are far more dangerous than even the most dramatic political crises.

  5. The Clash of the Data Titans
    Network of Manhattan Yubo/Getty Images

    The Clash of the Data Titans

    Aug 18, 2017 Christopher Smart of Chatham House worries that the US and Europe are parting ways on this century’s most important economic-policy issue.

  1. buiter54_FABRICE COFFRINIAFP via Getty Images_swissnationalbank Fabrice Coffrini/AFP via Getty Images

    The Positive Case for Negative Rates

    Willem H. Buiter & Ebrahim Rahbari see the widely scorned monetary-policy tool as a necessary option in the absence of fiscal alternatives.
  2. ahzhang20_PETER CATTERALLAFP via Getty Images_deepseek Peter Catterall/AFP via Getty Images

    Will DeepSeek Upend US Tech Dominance?

    Angela Huyue Zhang says the firm’s disruption of the AI industry is about market – not great-power – competition.
  3. buruma222_Anna MoneymakerGettyImages_donald_trump_cross Anna Moneymaker/Getty Images

    Breaking US Democracy Beyond Repair

    Ian Buruma warns that Donald Trump’s efforts to tear down America’s “civic religion” will be difficult to reverse.
  4. patten172_Scott OlsonGetty Images_trump Scott Olson/Getty Images

    Can the Liberal International Order Survive Without America?

    Chris Patten urges Western countries to safeguard the institutions that have underpinned their postwar stability.
  5. norrlof9_Chip SomodevillaGetty Images_trump Chip Somodevilla/Getty Images

    Tariff Man’s Risky Bet

    Carla Norrlöf

    In betting that the economic fallout from his sweeping new tariffs will be worth the gains in border security, US President Donald Trump is gambling with America’s long-term influence and prosperity. In the future, more countries will have even stronger reasons to try to reduce their reliance on the United States.

    thinks Donald Trump's trade policies will undermine the very goals they aim to achieve.
  6. parke2_Odd AndersenGettyImages_nihon_hidankyo_nobel Odd Andersen/Getty Images

    The Case for Abolishing Nuclear Weapons

    Melissa Parke calls for eliminating arsenals to commemorate the 80th anniversary of the bombings of Hiroshima and Nagasaki.
  7. acemoglu83_Anna BarclayGetty Images_deepseek Anna Barclay/Getty Images

    A Sputnik Moment for AI?

    Daron Acemoglu

    While America’s AI industry arguably needed shaking up, the news of a Chinese startup beating Big Tech at its own game raises some difficult questions. Fortunately, if US tech leaders and policymakers can take the right lessons from DeepSeek's success, we could all end up better for it.

    considers what an apparent Chinese breakthrough means for the US tech industry, and innovation more broadly.
  8. ronde1_PhotosbypatrikGettyImages_apps Photosbypatrik/Getty Images

    Danish Media’s United Stand Against Big Tech

    Karen Rønde urges all publishers to bargain collectively to secure the fair compensation quality journalism requires.
  9. ito44_ANDREW CABALLERO-REYNOLDSAFP via Getty Images_IwayaRubio Andrew Caballero-Reynolds/AFP via Getty Images

    East Asia Braces for Trump 2.0

    Takatoshi Ito warns America’s key regional allies to be prepared to make concessions to the new US administration.

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