The real problem with the phase one accord announced on October 11 is the basic structure of the deal into which it presumably fits. From trade to currency, the approach is the same – prescribing bilateral remedies for multilateral problems. Read Here – Project Syndicate
Today, nearly ten years later, the situation in the Middle East looks even worse than it did before the Arab Spring. Political repression is more onerous. Economic growth is sluggish and unequal. Corruption remains rampant. Gender equality is more aspiration than reality. Yet something fundamental has changed. Arab governments have traditionally rested on what political […]
United States foreign policy under President Donald Trump continues to run counter to America’s traditional post-war objectives. Should the US carelessly relinquish leadership of the global multilateral order, the dollar might eventually lose its own long-standing primacy. Read Here – Project Syndicate
Trump defends his greenlighting of Turkey’s invasion of northern Syria by attesting to the importance of Turkey as an ally. It is time he join the increasingly rare bipartisan consensus in Congress to ask whether if Turkey is an ally, then how would its actions be different if it were an adversary? Read Here – The National Interest
China’s central bank must manage an economy structured in many ways quite differently from that of other major regions, such as Japan or the European Union. But the PBoC faces the same question of how effective monetary policy can be today. That has significant implications for the central bank’s signalling, which appeared to take a […]
The ease of doing business indicator, known as EDB, is a system that ranks the regulatory environment in countries around the world. New research looks at how the World Bank’s ease of doing business index has amassed considerable influence over business regulations worldwide. The financial institution has succeeded in doing so even though it doesn’t […]
In 1996, Jiang Zemin became the first Chinese head of state to visit India, underscoring the journey the two Asian neighbours had made since their 1962 border war. His successor Hu Jintao came calling in 2006. However, when you compare that to Xi Jinping’s three visits to India in the past five years – the […]
The trade war seems like the simplest explanation for China’s diminishing economic growth. The White House has slapped tariffs up to 25% on a $550 billion basket of U.S.-bound exports and Chinese exports to the U.S. dropped 22% in September. But while U.S. China hawks would no doubt like to take credit for dinging Beijing’s economy, […]
The boiling mind of Trump has spawned a cottage industry for cognitive experts who have questioned whether he is, well, all there. But as the impeachment inquiry barrels ahead on Capitol Hill, several associates of the president, including former White House aides, worry that his behavior is likely to get worse. Angered by the proceedings, unencumbered […]
E-bills, e-signature, the electronic transfer of funds – advancements in technology are bringing about remarkable changes in the business landscape, domestically and internationally. All this change is facilitating the faster movement of goods across borders and forcing governments to keep pace. Negotiations for regional trade agreements have proved an important forum for government consultation about […]
