Geoeconomics In Central Asia

Twenty-five years after the dissolution of the Soviet Union, Central Asia is a region of relative stability. There are, of course, security, economic, and social challenges, which give local leaders sleepless nights; however, the narrative shift – from a troublesome region to an area of opportunity – is producing some surprising results. Read Here – […]

Rate this:

Could India’s Military Really Crush Pakistan?

Following a raid by Indian special forces into Myanmar early this month, increasing attention has been given to the prospect that India might use similar means against Pakistan to pressure it to end support for anti-Indian militant groups. India’s on-going military modernization and headline-grabbing increases in defense spending have already raised concerns that it threatens […]

Rate this:

The Moral Of The Greek Story

It’s easy to moralize Greece’s feckless borrowing, weak tax collection and long history of default, and hey, go ahead; I won’t stop you. But whatever the nation’s moral failures, what we’re witnessing now shows the dangers of trying to cure the problems of weak fiscal discipline with some sort of externally imposed currency regime. Read […]

Rate this:

A World Without Work

Futurists and science-fiction writers have at times looked forward to machines’ workplace takeover with a kind of giddy excitement, imagining the banishment of drudgery and its replacement by expansive leisure and almost limitless personal freedom. And make no mistake: if the capabilities of computers continue to multiply while the price of computing continues to decline, […]

Rate this:

Modi’s Window For Reform Is Closing

The window of opportunity for Indian Prime Minister Narendra Modi to press for serious economic reform seems to be closing. A little over a year after taking office, Modi’s government has been caught up in its first big political scandal. Read Here – Bloomberg

Rate this:

New Military Equipment or Saber-Rattling? Russia Must Choose

Russia’s economic crisis is forcing the government to trim its prized defense budget, and if the situation worsens, President Vladimir Putin may have to choose between his current saber-rattling and buying the new equipment his Soviet-style forces have been promised. Back in 2011, when relations with the West were relatively tranquil and Russia’s shows of force […]

Rate this:

What Happens If Greek Banks Can’t Open?

The scariest quote for the world economy this week came from a member of the European Central Bank’s executive board. Asked by Eurogroup President Jeroen Dijsselbloem whether Greek banks would open Friday, his answer was stark: “Tomorrow, yes. Monday, I don’t know,” replied Benoit Coeure. Read Here – The Atlantic

Rate this:

China’s International Growth Agenda

For most of the past 35 years, China’s policymakers have set their focus on the domestic economy, with reforms designed to allow the market to provide efficiency and accurate price signals. Though they had to be increasingly aware of their country’s growing impact on the global economy, they had no strategy to ensure that China’s […]

Rate this: