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 […]
China‘s new leaders have interpreted recent unrest as being fueled by anger about inequality. But most Chinese find the gap between rich and poor relatively unproblematic. If the Xi administration hopes to settle the country, it needs to starts focusing on the real reasons citizens are taking to the streets: injustice and corruption. Read Here […]
The archipelago nation (The Philippines) is a timely case study of how religion and economic development often don’t mix. The church professes to help those most in need and preaches the gospel of protecting society’s weakest — poor women and children. How, then, can the bishops who wield such disproportionate power over Southeast Asia’s fifth-biggest economy fight […]
In 2013, this breakdown of international coordination will go increasingly local: in such a world, governments will focus more on their domestic agendas, which will create new risks in and of itself. Most importantly, the growing vulnerability of elites makes effective public and private leadership that much more difficult to sustain. Leaders of all kinds are becoming more vulnerable to their […]
Dubai‘s new strategy would establish logistics and policy infrastructure for products and services aimed at giving birth to an Islamic economy that operates parallel to the existing robust economy of Dubai. The platform proposed will include Islamic finance instruments, Islamic insurance, Islamic contract arbitration, Islamic food industry and trade standards (Halal food), as well as […]
The European Central Bank has managed to calm the markets with its promise of unlimited purchases of eurozone government bonds, because it effectively assured bondholders that the taxpayers and pensioners of the eurozone’s still-sound economies would, if necessary, shoulder the repayment burden. Although the ECB left open how this would be carried out, its commitment […]
looking beyond borders 