The primary election campaign made clear that Republicans are looking for a miracle worker, but with none in the field, they opted for the snake-oil salesmen instead. Trump pitches himself as an ultra-successful businessman, but scratching the story’s surface makes clear that it is — like so many others he tells — a mirage. Read […]
Economic slowdowns can often be characterized as periods of hesitation. Consumers hesitate to buy a new house or car, thinking that the old house or car will do just fine for a while longer. Managers hesitate to expand their workforce, buy a new office building, or build a new factory, waiting for news that will […]
Tens of thousands of people from all around the world had come to see the miracle happen. A giant Chinese ship carrying an astonishing 9,000 containers approached the locks. And then it happened. Seven years after the works were first started, and 102 years after the opening of the first canal, the new, expanded Panama […]
President Vladimir Putin has set up a twin economic system in Russia. The apolitical part of the economy is subject to the laws of the free market. In parallel to this is the political part of the economy, where large state-owned structures control massive amounts of money flowing into and out of the budget, and is controlled […]
After years of vocal geopolitical neutrality, India has in recent weeks seen firsthand the shortcomings of such neutrality and the promise held by warmer ties between the world’s two largest and loudly pluralist democracies. Read Here – The National Interest
China’s labor productivity — output per hour worked — is at 15 percent to 30 percent of the average for countries in the Organization for Economic Cooperation and Development. Raising that productivity is a big potential source of economic growth. But it’s also a potential source of layoffs and uncomfortable societal changes. Read Here – BloombergView
There are strong commercial and geopolitical forces at play here, first among which is China’s vast industrial overcapacity – mainly in steel manufacturing and heavy equipment – for which the new trade route would serve as an outlet. As China’s domestic market slows down, opening new trade markets could go a long way towards keeping […]
Tocqueville, who wrote in the 1830s and 1840s; John Maynard Keynes, who wrote in the 1920s and 1930s; and Karl Polanyi, who wrote in the 1930s and 1940s. Read Here – Project Syndicate
With a population of over 204 million, the Indian state of Uttar Pradesh would be the fifth most populous nation in the world — after China, India, the US and Russia — if it were a separate country. But it would also be extremely poor, with very poor development indicators and high levels of deprivation. […]
Will today’s five largest economies—China, the United States, India, Japan and Germany—maintain their places between now and 2030? Or will see a reshuffling? Read Here – The National Interest
looking beyond borders 