Who will take China’s place? The obvious first option is India, a country with a massive, diverse and generally poor population, but which has a degree of discipline and entrepreneurialism, similar to China in 1980. India, however, is not in a take-off situation. It is the fifth-largest economy in the world and is also a […]
South Asian economies had seen some of the world’s fastest growth in recent years, but there are also high concentrations of extreme poverty in the region. Poor or near-poor residents of India and Pakistan were already suffering from a series of regressive economic policies, so for them, the pandemic is the second of a one-two punch. […]
The economic repercussions of the novel coronavirus pandemic must not be understood as an ordinary problem that macroeconomics can solve or alleviate. Rather, the world could be witnessing a fundamental shift in the very nature of the global economy. Read Here – Foreign Affairs
With cities wounded by days of violent unrest, America headed into a new week with neighbourhoods in shambles, urban streets on lockdown and shaken confidence about when leaders would find the answers to control the mayhem amid unrelenting raw emotion over police killings of black people. All of it smashed into a nation already bludgeoned […]
The contrast seems grotesque. A deadly pandemic has shut down the global economy and left millions of workers furloughed, fired, or stranded without gigs. The future for most businesses looks uncertain to dismal. Yet U.S. stock indices are near all-time highs, at giddy valuations comparable to the 2000 dot-com bubble and 1929. Read Here – […]
If recent weeks have shown us anything, it’s that the world is not just flat. It’s fragile. And we’re the ones who made it that way with our own hands. Just look around. Over the past 20 years, we’ve been steadily removing man-made and natural buffers, redundancies, regulations and norms that provide resilience and protection […]
A fresh dispute with Indiaover their long border in the desolate mountains of the Himalayas has created a new dilemma for China to go with its intensifying rivalry with the United States and international backlash against its handling of the coronavirus pandemic. Beijing risks pushing New Delhi further into the American camp, analysts have warned, […]
If ever there was a thought that the social networks could finesse their way through the question of whether and when to block hateful, damaging content, that has now been extinguished. Trump’s online presence has led to its demise. To act, or not to act, is to pick a side in a political battle. Read […]
Many on the left still cling to the hope that the COVID-19 crisis will translate into the use of state power on behalf of the powerless. But those in authority have never hesitated to harness government intervention to the preservation of oligarchy, and a pandemic alone won’t change that. Read Here – Project Syndicate
The Trump administration’s declaration that the United States no longer considers Hong Kong autonomous from China, given Beijing’s increasingly aggressive policies there, could pave the way for reprisals from Washington and a potentially dramatic reshaping of Asia’s economic geography. The U.S. announcement was made a day before China’s parliament approved a new security law for the […]
looking beyond borders 