China, Asean Downplay Sea Disputes as Economic Concerns Grow

Southeast Asian leaders sought to ease tensions with China over maritime disputes before a regional summit tomorrow involving U.S. President Barack Obama as concerns persist over weaker demand in the global economy. The Association of Southeast Asian Nations will confine discussions on a set of rules for operating in the South China Sea to the bloc’s meetings with China, […]

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Let’s Start Talking, Now

Barack Obama, re-elected president of the United States, will start his new term in January. Xi Jinping, who will lead China for the next decade, will start his stint soon after. The two will have to become friends if they are to ensure that the global economy’s baby steps towards recovery are not crushed midway. […]

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CPC Congress Concludes, New Central Committee Elected

The 18th National Congress of the Communist Party of China (CPC) concluded in Beijing Wednesday morning, after a new CPC Central Committee and a new Central Commission for Discipline Inspection were elected. Delegates to the congress also passed resolutions on the report of the 17th CPC Central Committee, the work report of the Central Commission for Discipline […]

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Ten Economic Issues for Obama’s Second Term

The second term Obama administration is taking office facing challenging economic conditions. The economy continues to expand, yet the pace is disappointingly slow. The unemployment rate has fallen below 8 percent for the first time in almost 4 years, but is still unacceptably high. The economic expansion remains fragile and vulnerable to risks associated with […]

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Afghanistan’s Fraught Future

President Hamid Karzai’s visit to India comes at a time when his nation’s future, more than at any point since 9/11, is shrouded in a fog of fear. This weekend, shells fired by his troops were reported to have killed five civilians in Pakistan’s South Waziristan agency, the latest in a series of cross-border skirmishes. […]

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China’s Risky Anti-Japan Policy

Recent anti-Japanese street demonstrations in China may signal the start of economic decline for a nation that won its reputation as the “world’s manufacturing factory” in the late 1990s and surpassed Japan in 2010 to become the second-largest economy after the United States. Although the riots were ostensibly meant as a protest against the Japanese […]

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What Rising TV Ownership Reveals About Africa’s Future

The usual story about African development over the last few decades is, simply, that it hasn’t developed. It is a region mired in permanent poverty—destined by geography or disease burden or corruption or ethnic division to everlasting misery. That story should be placed in the fiction aisle. Quality-of-life measures have been improving for decades across […]

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The Myth of the Exploding Welfare State

Five years have passed since the advent of the current crisis, and while the beast has since morphed from a financial crisis into a confidence and debt crisis, some mantras have become so deeply engrained into our collective psyche after loud proclamations and endless repetitions that they feature is almost any discussion about the future […]

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