The biggest problem facing the global economy is not climate change, trade imbalances, financial regulation, or the eurozone. It is short-term thinking. An epidemic of myopia has swept over the world in the past few decades, and it threatens our living standards like nothing else. t’s an epidemic with more than one cause, and not […]
Yoshihiko Noda will doubtless win his party’s leadership race this week. There’s little certainty, though, that Japan’s prime minister is up to putting his country, the world’s No. 3 economy, on stronger footing. For starters, Noda’s victory may be Pyrrhic. He is under pressure to dissolve parliament and hold national elections, perhaps as soon as November. […]
When most people think of Indonesia today, they think of beaches and temples or of its famously teeming cities, but this country of 240 million and counting is a much more modern, diversified, and dynamic economy than many international investors and companies assume. To make the most of Indonesia’s vast potential, they’re going to need […]
In his new book, The Revenge of Geography: What the Map Tells Us About Coming Conflicts and the Battle Against Fate, Robert Kaplan (Stratfor Global Intelligence) contends that current global conflicts, including wars, political instability, and clashes over religion, can be better understood and even forecasted through close examination of the maps that chart our world. Read […]
In the lobbies of Rangoon’s few business hotels, Western investors in suits are gathering with local businessmen in traditional sarongs to discuss joint ventures, land-lease terms, and profit repatriation rules. For decades, Burma—which is also known as Myanmar—was distinguished for its ruling junta’s imprisonment and torture of political dissidents, execution of protesters, violent campaigns against […]
A new free-trade agreement is under negotiation in the Asia-Pacific. If the talks are successful, the Trans-Pacific Strategic Economic Partnership Agreement (TPP) will bring closer together at least 11 economies in East Asia and the Americas. But it faces many hurdles, and raises broader geopolitical issues. For example, China, the world’s second-largest economy, is not part of […]
State Councillor and Minister of National Defence of China Liang Guanglieis the most senior Chinese military official to visit India since the visit of his predecessor, Cao Gangchuan, in 2004. On the eve of his arrival in Delhi at the invitation of Defence Minister A.K. Antony, General Liang provided written answers to questions submitted by editors […]
Trade between the countries was $75.4 billion in 2011-12, against $59 billion in 2010-11. In 2011-12, exports to China stood at $17.9 billion while imports from there stood at $57.5 billion, resulting in a trade deficit of $39.6 billion. Read Here – Mint
Read Here – The Economist
looking beyond borders 