looking beyond borders

foreign policy and global economy

Archive for the category “Global Economy”

China Poised To Challenge The US In Tech Revolution

The acronym of the moment in Beijing is BAT: Baidu (the search engine), Alibaba (Jack Ma’s answer to Amazon), and Tencent (which is the nearest thing to Facebook). These companies are much more than clones of their US counterparts; each has shown itself to be innovative in its own right.

Read Here – Boston Globe

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The World’s 10 Biggest Economies In 2017; China follows the U.S., India 7th

The economy of the United States is the largest in the world. At $18 trillion, it represents a quarter share of the global economy (24.3%), according to the latest World Bank figures.

Read Here – World Economic Forum

Don’t Cry For Corporate America

In an ideal world, it would be nice to streamline, simplify, and even reduce tax and regulatory burdens on US businesses. But business is not the weak link in the US economic chain; workers are far more vulnerable. Economic returns have shifted dramatically from the providers of labor to the owners of capital over the past 25 years.

Read Here – Project Syndicate

Singapore: The Robot City

The “fourth industrial revolution”, an era of unprecedented automation and connectivity, could reshape the urban environment and have profound impacts on society at large.

Read Here – Rancoteur

The Promise Of Middle East Sovereign Wealth Funds

In the aftermath of the 2008 global financial crisis, investment capital became far scarcer and efforts to ensure SWF transparency and accountability gave way to competition for their capital. Far from a source of apprehension, SWFs have become beneficiaries of fiscal incentives designed to encourage investment in Europe.

Read Here – Project Syndicate

Abu Dhabi’s New $125 Billion Sovereign Fund Is Taking Shape

The Next Big Blue-Collar Job Is Coding

Politicians routinely bemoan the loss of good blue-collar jobs. Work like that is correctly seen as a pillar of civil middle-class society. And it may yet be again. What if the next big blue-collar job category is already here—and it’s programming?

Read Here – Wired

Why Do Some Cities Create More Jobs Than Others?

img_510219 million more jobs! Yes, that’s the number of additional jobs that would have been created had ‘average’ cities performed as well as their competitive counterparts. 75% of these jobs would have been in the private sector. What is a competitive city? How does a city become one? Is your city competitive?

Read Here – The World Bank Group

Ten Takeaways From Xi’s Davos Speech

Chinese President Xi Jinping delivered a keynote speech at the opening plenary of the 2017 annual meeting of the World Economic Forum in the Swiss town of Davos. Here are 10 quick takeaways from the 50-minute address, which touched upon globalization, protectionism, world economy and China’s development among other subjects.

Read Here – Xinhua

Under-Employed, Under-Inclusive And Under Threat: the World In 2017

Trends such as rising income inequality and societal polarisation triggered political change in 2016 and could exacerbate global risks in 2017 if urgent action is not taken, according to the Global Risks Report 2017

Read Here – World Economic Forum

Global Risks Report 2017

Nine Economic Lessons From 2016

Had there been no financial crisis in 2007/08 with all the consequences that came with it, the economic outcomes—and, therefore, political history—of the last eight years would have been markedly different. We can talk about globalisation and income inequality until we are blue in the face, but these issues alone don’t explain what’s happening, and anyway, they pre-date the Lehman bust.

Read Here – Prospect

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