After four years of hiding behind Donald Trump while they dismantled their countries’ democratic institutions, populist leaders in Poland and Hungary have suddenly found themselves exposed and out in the cold. Poland’s ruling Law and Justice party, in particular, should be preparing for an overdue reckoning. Read Here | Project Syndicate
Core dollar exchange rates have so far been surprisingly stable during the pandemic, most likely because major central banks’ policy interest rates are effectively frozen at or near zero. But although the current stasis could last awhile, it will not last forever. Read Here | Project Syndicate
Nearly eight months after it was declared a pandemic, COVID-19 rages on, and there is no global consensus on the right policy mix for addressing the public health crisis. But on how to deal with the economic fallout, the winning strategy is clear: Spend early and spend big. And no major economy has done that […]
As Asia comes to terms with the reality of US president-elect Joe Biden taking over the White House, relief and hopes of economic and environmental revival jostle with needling anxiety and fears of inattention. From security to trade to climate change, a powerful US reach extends to nearly every corner of the Asia-Pacific region. Read […]
China has no illusions that a Biden presidency will reverse the Trump administration’s hard line… For now, however, Beijing is clearly nervous about Trump’s final months in power. As long as Trump continues to contest the election result, Biden should not expect a congratulatory call from President Xi Jinping. Read Here | Foreign Policy
“Once you’ve lost it’s hard to gain the momentum you need to win the nomination and then the general election. That’s especially true since most presidents are reelected,” Jonathan Krasno, professor of political science at Binghamton University, said. But history says it wouldn’t be impossible. Read Here | The National Interest
Biden is likely to continue to push for closer cooperation between New Delhi and Washington. But he is also widely expected to reset ties with China in order to ease Sino-U.S. tensions and rebuild cooperation with Beijing. Such a reset will affect relations with India and raise doubts in New Delhi about Washington’s reliability. Read Here | […]
In some ways, the contemporary shift from non-alignment to strategic autonomy in India is simply a case of the rhetoric catching up to reality. A convergence of national interests and shared concerns about China have been bringing the United States and India steadily closer for twenty years, unmoored from the philosophical debates unfolding in New […]
Repair should define the opening initial six to nine months of a Biden administration’s foreign policy, and only after that will there come the opportunity, and in some areas the necessity, to build. Read Here | Foreign Affairs
Many officials in Japan, India and some Southeast Asian countries are reportedly worried that a Joe Biden administration will be too weak in its dealings with China. These officials like Trump’s tough approach toward Beijing enough to forgive the sometimes awkward implementation. Read Here | Asia Times
looking beyond borders 