How to Actually Overcome China’s Rare Earths Monopoly
For materials that are essential to our modern way of life, the rare earths industry is surprisingly small – which is why China has been able to dominate thus far. Read More Here
Category: Global Economy
The Global Economy’s Unsolved Problems
A string of high-level meetings this year have produced a number of proposals for dealing with key global challenges, from unsustainable public debt to climate change. But few decisions have been made, and some of the most prominent proposals are deeply flawed. Read More Here
The New Normal for Central Banks
The US Federal Reserve and the European Central Bank have made clear that they intend to roll back quantitative easing by reducing their bond holdings. But the other driver of central banks’ balance-sheet expansion for the past 15 years – the provision of abundant reserves to the financial sector – remains up for debate. Read […]
Beijing Tightens Its Grip on the Critical Minerals Sector
The West has taken steps to slash its dependence on China, but it still commands supply chains—for now. Read More Here Also Read: Rare Earths in the South China Sea: Adding Fuel to the Geopolitical Fire
America’s Real China Problem
Although everyone is supposed to benefit when individual countries leverage their comparative advantages, this canonical economic theory can run into problems when blindly applied to the real world. In the case of China, American leaders failed to consider why the country exhibits the strengths that it does. Read More Here
The Five Main Drivers of Global Economic Uncertainty
The ongoing conflict in the Middle East is just one of several economic and geopolitical trends darkening the outlook for global growth. But while the immediate future seems bleak and could get bleaker, the good news is that we have the capacity to turn today’s vicious cycles into virtuous ones. Read More Here
The Global Recovery Is Faltering
Even as inflationary pressures ease, geopolitical tensions and structural factors such as unfavorable demographics and high debt levels have taken a toll on household and business confidence worldwide. The challenge for governments is to rebuild confidence and enhance productivity, which remain essential to getting the global recovery back on track. Read More Here
The Global Economy’s Real Enemy is Geopolitics, Not Protectionism
What some decry as protectionism and mercantilism is really a rebalancing toward addressing important national issues. The biggest risk to the global economy stems not from this broader reorientation – which should be welcomed – but from a Sino-American rivalry that threatens to drag everyone down. Read More Here
Historic $650 Billion Liquidity Boost Continues to Benefit the Global Economy
The August 2021 allocation of special drawing rights supported countries amid recovery from the pandemic—and continues to offer benefits. Read More Here
Can BRICS Derail the Dollar’s Dominance?
The group’s countries share one concern—the growing use of U.S. sanctions to restrict trade and investment globally. Read More Here
looking beyond borders 