In a new report titled “The World in 2050,” consulting firm PwC projects that India’s GDP would exceed US GDP in purchasing power parity terms by 2040 (purchasing power parity accounts for the different prices levels across countries). This would make India the largest economy in the world after China. Read Here – Quartz
Africa is by no means destined to lag behind the rest of the world economy. On the contrary, it could easily become a global economic powerhouse – and within the next decade. But, to fulfill its economic potential, Africa must industrialize. Read Here – Project Syndicate The hardships of doing business in Africa
Trump’s decision to reach out to Modi, which preceded contact with the head of any major European nation, is significant. It’s hardly surprising that the two are simpatico. They come at each other on equal terms—as unrepentant patriots and guardians of economic national interest. Read Here – The National Interest
Reports of Chinese companies negotiating buying more businesses and land in Pakistan have been welcomed by many but some who keep a closer watch on such developments have also been advising extreme caution. Read Here – The Express Tribune
But if Mr Trump is prepared to go around his departments and media, ignore diplomatic protocols and sideline the US Military, will he really obey the will of Congress and the Supreme Court when they start trying to put limits on his power? What it means is that much of the conventional thinking about how […]
Before Donald Trump was the president, he was a businessman. He came to office leading a vast business enterprise that includes real estate, casinos, and a lucrative branding operation. “The network is huge,” says designer Kim Albrecht, whose riveting data visualization Trump Connections attempts to untangle it all. Read Here – Wired
Pakistan is unlikely to be a front-burner issue for President Trump, but it’s a country he’ll have to reckon with sooner rather than later. It is difficult to know what to expect from a Trump administration regarding a country that remains by any objective measure both a critical counterterrorism partner and a state supporter of […]
We may not appreciate his front-foot statements and awful tweets, his name-calling and his orange hair or even lack of political and diplomatic etiquettes. What, however, we do need to remember is the world will have to deal with President Trump at least for the next four years. Read Here – This Day And That
China needs to evolve its economy and advance beyond being a low cost supplier of labor and the global supplier of cheap goods. They must evolve into a value-added producer of innovative products and services, not only for the domestic market but also by developing brands that are respected worldwide. China’s ascension as a superpower […]
As he leaves office, Obama’s enormous economic accomplishments are tempered with the recognition of foregone opportunities. Disappointment among certain segments of the population has fueled the politics of anger and social divisions that go well beyond what would be expected and warranted based on actual economic performance. Read Here – Bloomberg
