Enrico Letta, Italy’s new prime minister, says he can reinvigorate his country’s ailing economy by slashing taxes and downsizing government…Letta plans to roll back taxes imposed by his predecessor, Mario Monti, while offsetting the lost revenues with as-yet-unspecified budget reductions. Lettanomics could represent the first big test of the anti-austerity movement that has been gaining steam […]
Afghanistan‘s future will not be determined by the thousands of lives tragically lost, the billions spent, or the number of international troops that will remain after 2014. The number of troops on the ground — whether foreign or Afghan — will not decide our future. We can only secure Afghanistan’s success if we first secure sustainable economic […]
Is India different? Last month, India’s finance minister confidently declared that nothing could stop his country from becoming the world’s third-biggest economy. He may well be right, but size alone does not make India a special case. Its growth has been fast, but it is no trailblazer. Read Here – Foreign Policy
At 7.7%, China’s annual GDP growth in the first quarter of this year was slower than many expected. While the data were hardly devastating relative to a consensus forecast of 8.2%, many (including me) expected a second consecutive quarterly rebound from the slowdown that appeared to have ended in the third quarter of 2012. China […]
Every third person in an Indian city today is a youth. In about seven years, the median individual in India will be 29 years, very likely a city-dweller, making it the youngest country in the world. India is set to experience a dynamic transformation as the population burden of the past turns into a demographic […]
Of all the nightmares Chinese President Xi Jinping figured he would have to face, a resurgent Japan Inc. surely wasn’t among them. A major slowdown in the Chinese economy? Yes. Social instability? Absolutely. Debilitating pollution? Check. Rampant corruption eating away at the Communist Party’s legitimacy? You bet. An economically vibrant Japan emboldened to challenge China […]
The dangers of China’s environmental degradation go well beyond the country’s borders, as pollution threatens global health more than ever. Chinese leaders have argued that their country has the right to pollute, claiming that, as a developing nation, it cannot sacrifice economic growth for the sake of the environment. In reality, however, China is holding […]
Australia may be set for a record 22ndstraight year of economic expansion, but it will not save the federal budget or Prime Minister Julia Gillard’s job. That was the message from the latest economic data along with an election in Western Australia state, where voters handed Gillard’s Labor Party another drubbing. Read Here – The […]
As China, Japan and many other nations face an aging demographic profile, the youth segment of India’s population is growing rapidly, and is projected to continue to do so for the next 30 years. Provided India can act quickly on health, education and employment, this demographic dividend has the potential to inject new dynamism into its flagging economy. […]
China’s in deep, deep trouble, and its new leaders know it. The growth of the nation’s GDP has continued to slow every quarter since late 2010—though it did tick up slightly in the state’s latest quarterly report, published in January. But that’s just one of many problems. In the simple words of D&B Country RiskLine […]
looking beyond borders 