The International Economic Policy Game

Until relatively recently, specialists in international relations had little interest in game theory; some were even “frightened” to hear the term, as the chair of one of my presentations put it to me several years ago. Today, many are better informed about the strategic analysis of political actors’ behaviour and decision-making. Read Here – Project […]

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Information Warfare Is Here To Stay

We often forget that the Internet is not as wireless as it seems. Most online data still flow through physical fiber-optic cables laid out across several hundred thousand miles of ocean floor. If a shark were to bite through a cable some or all of the Internet could come to a standstill. These days, however, […]

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How To Tax A Multinational

For too long, multinational corporations – and digital firms in particular – have used existing rules to avoid paying taxes in countries where they do much of their business. But recent encouraging signs suggest that the idea of a global corporate tax on these companies’ profits is gaining traction. Read Here – Project Syndicate

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The Future Of Economic Growth

Given the failures to foresee the 2008 financial crisis and subsequent weak recovery, it is easy to think that economists have little to offer in the way of predictions. But when it comes to national-level GDP growth, past projections have largely been borne out; even when wrong, they can be used to diagnose structural problems. […]

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Today’s Nationalism Is Bad For Business

Multilateralism and global cooperation are under increasing threat, posing a serious risk to future prosperity. Business and finance leaders should care deeply about this state of affairs, so why aren’t they doing much more to help counter it? Read Here – Project Syndicate

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The Final Showdown In US-China Trade Talks

There is no longer any question that both US President Donald Trump and Chinese President Xi Jinping want an end to the trade war that has weighed on global trade and business investment and still threatens to drag the two superpowers into economic recession. Read Here – Asia Times

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Emerging Markets Aren’t Out Of The Woods Yet

How should emerging-market governments deal with the new original sin? One way would be to develop a large domestic institutional investor base that sets its objectives in domestic currency terms and is thus insulated from exchange-rate swings. National pension systems contribute to this goal, and many emerging-market countries, such as Chile and Mexico, have made […]

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