For all the excitement about corporate “stakeholders” and “purpose-driven” firms, the new mode of capitalism is simply a repackaging of the old. Successful companies will continue to focus on the value of their shares over the long term, while avoiding the risks of wading into areas where they don’t belong. Read Here | Project Syndicate
Smack in the middle of its National Day holidays, China unwrapped its own “October surprise.” It was not the news of U.S. President Donald Trump and his wife Melania testing positive for the novel coronavirus. Instead, it was a one-line statement that appeared on the screens of hundreds of millions of Chinese smartphones on Oct. 2. Read […]
The latest global projections of the International Monetary Fund indicate that in 2020-2021, China will account for the absolute majority, 51%, of world growth, and the US for only 3% – and the latest IMF predictions for the US indicate that this may be an exaggeration of its growth. Most of the other contributors to world growth according to […]
As white nationalists across the world have gained prominence through racist, Islamophobic and anti-Semitic acts, the world’s focus on terrorism seems to have shifted. Many experts on extremism now focus heavily on the far-right in its many incarnations as an important driver of terrorist threat. But this myopic approach ignores the dynamism that the Islamic […]
A war begun to oust the Taliban is ending with a whimper almost two decades later, with those same Taliban poised for some sort of power-sharing agreement with Kabul. After decades of war and heartbreak and broken promises and shattered lives, so little seems to have changed in Afghanistan. Read Here | Foreign Policy
How did western countries, in one quarter of the 20th century, manage to increase both equality and economic efficiency? Why did this virtuous combination ultimately fall apart by the end of the century? The answer lies in the awkward relationship between democracy and capitalism, the former founded on equal political rights, the latter tending to accentuate differences […]
The border crisis has snowballed into an intractable political, diplomatic, and economic challenge for Modi. He can’t accept Beijing’s aggression in the region without denting his own nationalist strongman credentials, but he can’t stand up to China militarily without making enormous investments in his military—investments that are impossible in the midst of an economic crisis. […]
In an echo of President Warren G. Harding’s campaign a century earlier, Joe Biden has promised Americans a return to normalcy and, on matters of foreign policy, has cast himself as the ultimate anti-Trump—building bridges where Donald Trump has needlessly burned them; embracing multilateralism where Trump has espoused only “America First”; and striving for strategic […]
Negative views about China have increased in recent years in many developed countries, most notably Australia, according to a survey by the Pew Research Centre released on Tuesday. The findings come at a time when China has adopted a more aggressive diplomatic approach towards the international community and is locked in disputes with other countries on […]
With the most chaotic US election in memory four weeks out, it’s safe to say Asia is not sure what to expect. Neither do Americans, of course. Not with Covid-19-addled President Donald Trump ready to do seemingly anything to cling to the White House. Trump is not just cheating in plain sight, he’s telegraphing lawsuits and manoeuvres […]
looking beyond borders 