Policymakers and too many economic commentators fail to grasp how the next global recession may be unlike the last two. In contrast to recessions driven mainly by a demand shortfall, the challenge posed by a supply-side-driven downturn is that it can result in sharp drops in production, generalised shortages, and rapidly rising prices. Read Here […]
A foreign policy should be judged not only by specific actions, but also by how a pattern of actions shapes the environment of world politics. Leadership in supplying global public goods, for example, is consistent with “America First,” but it rests on a broader historical and institutional understanding than Donald Trump has shown. Read Here […]
It took the Trump administration 17 months to clinch a preliminary agreement with the Taliban – a first step toward ending more than 18 years of U.S. military intervention in Afghanistan. The deal is not so much a peace agreement as it is a way for Washington to manage conflict in the southwest Asian nation […]
While China’s role in global trade is highly publicised and politically polarising, its growing influence in international finance has remained more obscure, mostly due to a lack of data and transparency. Over the past two decades, China has become a major global lender, with outstanding claims now exceeding more than 5% of global GDP. Almost […]
Despite all of Washington’s platitudes about the world’s oldest and largest democracies uniting in common cause to uphold a free and open Indo-Pacific region, rhetoric has failed to match reality. Pinning American hopes on India saving an outdated order is wishful thinking at its worst. Read Here – The National Interest
As China-India competition continues unabated, Afghanistan is somewhat insulated from their more sensitive security concerns. Unlike in Iran and other countries, where the competitive aspects of the relationship are emphasised due to geopolitical reasons, Afghanistan allows the two Asian giants to compartmentalise touchy issues and cooperate on common interests such as counterterrorism. Read Here – The […]
When executives at the biggest U.S. technology companies are confronted with the argument that they have grown too powerful and should be broken up, they have a ready response: breaking up Big Tech would open the way for Chinese dominance and thereby undermine U.S. national security. In a new era of great-power competition, the argument […]
Although the global coronavirus epidemic has only recently made international headlines, some in China have known about it since the beginning of December. Thanks to Chinese President Xi Jinping’s high-tech dictatorship, that information was not made public, and the virus was allowed to take off. Read Here – Project Syndicate
Unipolarity is over, and with it the illusion that other nations would simply take their assigned place in a U.S.-led international order. For the United States, that will require accepting the reality that there are spheres of influence in the world today—and that not all of them are American spheres. Read Here – Foreign Affairs
The United States and China are locked in a rivalry over trade, technology, military control of the South and East China seas, and increasingly over ideology and human rights. The two countries have been in a cyberwar for years already, featuring Chinese attacks on the Pentagon’s personnel system and the U. S. Navy’s ship maintenance […]
looking beyond borders 