Japan’s new prime minister, Shinzo Abe, is proposing a bold departure for his country’s economy. He’s mostly right. Japan continues to underperform, and bad macroeconomic policy has been the main reason. Abenomics isn’t riskless or easy, however. The government will have to be wise as well as brave. Abe advocates what he calls a “three arrows” […]
Recent political debate in the United States and other advanced capitalist democracies has been dominated by two issues: the rise of economic inequality and the scale of government intervention to address it. As the 2012 U.S. presidential election and the battles over the “fiscal cliff” have demonstrated, the central focus of the left today is […]
The old saying that a developing country is at a crossroads, whether it’s India or Indonesia, is especially tempting when it comes to India’s armed forces. Decades of underinvestment, corruption, bureaucratic ineptitude and hazy strategic thinking have left the country with a decidedly mixed bag of military capabilities. Read Here – The Diplomat
ALMOST FOUR years ago, the Sri Lankan government of President Mahinda Rajapaksa won a decisive victory in a 26-year-long civil war with rebels from the island’s minority Tamil community. The cost was horrific: A United Nations investigation subsequently found that up to 40,000 civilians may have died in the government’s final offensive. But the triumph made Mr. […]
Trade numbers for 2012 show that China has become the world’s biggest trader, unseating the United States that has ruled the global trading charts for several decades. It is a momentous shift that is bound to have far-reaching impact on the way Beijing sees itself and the manner it influences geopolitics. As it becomes the […]
This hardly seems like the moment to ask what type of state will emerge in Libya. Two years on from the uprising that eventually toppled Muammar Qaddafi, the country hardly has a functioning state at all. There is still no constitution and there may not be one for months. The parliament, elected less than a […]
Two years ago …, a popular uprising ended Hosni Mubarak‘s thirty-year reign. Egypt’s revolution is still churning, of course, and that country is now deeply polarized between the ruling Muslim Brotherhood, which has embraced many of Mubarak’s autocratic tendencies in its attempt to consolidate power, and a non-Islamist opposition that fears theocratic rule in Egypt. […]
Singapore has often been cited as a success story, the envy of governments around the world. But simmering underneath the gloss and the shine lies a much more complex story of a nation slowly outgrowing a patriarchal government and restrictive system. Not long after losing a by-election, the ruling People’s Action Party (PAP) launched a White […]
Despite a decade of costly and indecisive warfare and mounting fiscal pressures, the long-standing consensus among American policymakers about U.S. grand strategy has remained remarkably intact. As the presidential campaign made clear, Republicans and Democrats may quibble over foreign policy at the margins, but they agree on the big picture: that the United States should […]
Few news items over the past year had more entertainment value than one concerning the Onion and North Korean leader Kim Jong Un. It was funny enough that the faux-news website named the double-chinned Kim the sexiest man of 2012. More entertaining still was that the People’s Daily, the stern mouthpiece of China’s Communist Party, fell for it. Read Here […]
