Just a few years back, the business relationship between the United States and Saudi Arabia was pretty simple: the Americans bought oil, and the Saudis spent much of what they earned on equipment to keep the crude flowing and on planes, tanks and missiles to protect their borders. Read Here – Dawn
Commentators have affixed the “populist” label to the wave of demagogic politics sweeping Europe (and much of the rest of the world). But, beyond the raucous style common to populists, what do these movements share? Read Here – Project Syndicate
Under President Trump, it is possible, for the first time in a generation, to imagine a concerted attack on the central bank. Conceivably, the United States could repeat the story of the mid-1960s and ’70s, when a 15-year period of central-bank independence was brought to an end by presidential bullying. Back then, Lyndon B. Johnson […]
The plan envisages a deep and broad-based penetration of most sectors of Pakistan’s economy as well as its society by Chinese enterprises and culture. Its scope has no precedent in Pakistan’s history in terms of how far it opens up the domestic economy to participation by foreign enterprises. In some areas the plan seeks to […]
As Europe disappears, Eurasia coheres. The supercontinent is becoming one fluid, comprehensible unit of trade and conflict, as the Westphalian system of states weakens and older, imperial legacies – Russian, Chinese, Iranian, Turkish – become paramount. Every crisis from Central Europe to the ethnic-Han Chinese heartland is now interlinked. There is one singular battlespace. Read […]
Friedman had discovered in human capital theory more than just a means for boosting economic growth. The very way it conceptualised human beings was an ideological weapon too, especially when it came to counteracting the labour-centric discourse of communism, both outside and inside the US. Read Here – Aeon
Globalisation is supposed to be in retreat. How, then, do you reconcile the following? Since 2005, the number of travellers crossing international borders each year has risen by around half, to 1.2 billion. The number of people using the internet has soared from 900,000 to more than 3 billion. By 2020, their ranks are projected […]
Even if India’s economy is growing faster than China, it does not mean that India has become economically as powerful as China. While India’s Gross Domestic Product (GDP) was $2.5 trillion in 2016, China’s GDP is nearly five times of that, at $11.4 trillion. That also reflects in the per capita GDP: while it is […]
Even as NATO heads of state prepare to discuss Russia and global terror at their annual summit this month, a deeper issue is haunting America’s allies around the globe: their relative military and economic decline over the past two decades — and the increasingly sharp geopolitical challenges this poses for the United States. Read Here – […]
After years of careful preparation and months of campaigning, Emmanuel Macron and his allies are about to take control of the euro area’s second-biggest economy. Typically associates from the elite French schools where the new president studied, or his time in government under outgoing President Francois Hollande, Team Macron were first dismissed as fantasists and […]
