looking beyond borders

foreign policy and global economy

Archive for the tag “economic model”

Capitalism’s Great Reckoning

As the maladies of modern capitalism have multiplied, fundamental questions about the future of the world’s dominant economic model have become impossible to ignore. But in the absence of viable alternatives, the question is how to reform a system that is increasingly at odds with democracy.

Read Here – Project Syndicate

A Midlife Crisis?

Korea’s real challenge is one of reinvention: to find a new economic model to replace its previous dependence on exports. For years, Koreans buzzed about catching up to the developed world. Now that they largely have, the question is what comes next. If Korea is having the economic equivalent of a midlife crisis, my conversations in Seoul this week suggest it is moving too slowly to address it.

Read Here – Bloomberg

How Cyber Crime Impacts The Economy…

Is cybercrime, cyber espionage, and other malicious cyber activities what some call “the greatest transfer of wealth in human history,” or is it what others say is a “rounding error in a fourteen trillion dollar economy?”

Read Here – csis.org

Only Talking Will Do…

Once an idea enters the world, it comes to life and affects the way we treat those around us. Reality takes on the shape of fiction. Narratives are one type of fiction. Economic models are another. Narratives are the stories we tell about ourselves and others to justify the way we behave. Economic models are the things we build in ivory towers, and sometimes they work, but more often than not, they don’t.

Read Here – The European

New Strings Attached

China’s influence in Africa goes so deep that African leaders are starting to shape their own agendas after China’s. In February 2012, South African President Jacob Zuma gave his “state of the nation” speech in Cape Town, but he might as well have been in Beijing. “For the year 2012 and beyond,” he said, “we invite the nation to join government in a massive infrastructure development drive.” By October, Zuma was vowing $100 billion in Chinese-style infrastructure investment to help create jobs. In welcoming Xi Jinping, China’s new president, to South Africa last month for a BRICS conference, Zuma gushed, “We view China’s success as a source of hope and inspiration.” Apparently, he also views China as a model for his country’s development.

Read Here – Reuters

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