COVID-19 has highlighted the pressing need for better global risk management. So too has escalating climate change. As did the financial crisis. Urgent reform is required to tame the butterfly defect of globalization. These networked threats require changes in all parts of the system. Read Here | Finance & Development
The pandemic has created a massive economic contraction that will be followed by a financial crisis in many parts of the globe, as nonperforming corporate loans accumulate alongside bankruptcies. Sovereign defaults in the developing world are also poised to spike. Read Here | Foreign Affairs
Americans are also increasingly questioning whether the US has benefited from making China a cold war enemy, and wondering if their government is spending too much time and effort to force change in China, while leaving plenty of urgent matters at home unattended. Read Here – South China Morning Post
Eurasia is not monolithic and does not constitute an anti-American bloc, but it is much larger economically, has more and better-educated people and is catching up with the dwindling number of technologies in which America still holds the lead. As the US turns to the task of putting its own house in order, the Eurasian […]
Chinese economic espionage is one of the most comprehensive and sophisticated campaigns of its type that any great power has embarked upon. An effective response must be closely tailored to avoid unintended side effects. Read Here – Foreign Policy
Before COVID-19 shut down entire sectors of the US economy, the US workforce was becoming increasingly polarised along educational, racial, and geographic lines. Now, those trends have been accelerating, underscoring the need for a smart, worker-focused policy response. Read Here – Project Syndicate
The pandemic has created a massive economic contraction that will be followed by a financial crisis in many parts of the globe, as nonperforming corporate loans accumulate alongside bankruptcies. Sovereign defaults in the developing world are also poised to spike. This crisis will follow a path similar to the one the last crisis took, except […]
The answer is different for the United States than for some other democracies. Europe has a real problem because they actually did try, because of their history, to push nationalism aside, to push national identity aside, and to subsume it in a European identity. This was represented by the idea that the unelected bureaucrats in […]
To date, there is little reason to think that global demand for dollars is drying up. But there is another way the United States could lose its status as issuer of the world’s dominant reserve currency: it could voluntarily abandon dollar hegemony because the domestic economic and political costs have grown too high. Read Here […]
As the United States awakens to its supply-chain vulnerabilities amid heightened pressure on companies to “reshore” from China, it is grappling with an uncomfortable truth: most will not end up relocating to the US. And, business experts say, the relatively few that do probably should not have left in the first place. Read Here – […]
looking beyond borders 