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
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 […]
One year after coming to power, the first thing that strikes one about the foreign policy of the Narendra Modi government is its remarkable consistency with that of its predecessor. Read Here – The Wire
Statistics bear out China’s global dominance. Since Deng abandoned doctrinaire communism in 1978, growth has surged an average of 9.8 percent annually. Since 2001, China has overtaken Italy, the U.K., France, Germany, and Japan to become the world’s second-biggest economy. Its $10 trillion GDP dwarfs India’s $2 trillion. Not only has China built the world’s […]
Burkina Faso, Congo, and Burundi are among the world’s poorest, least developed, worst governed countries. Compaoré, Kabila, and Nkurunziza are corrupt and unaccountable men, more like Mafia godfathers than like public servants, and they hardly bother to pretend otherwise. When they say that they must remain in office, they make no case for what good […]
China’s interest in deepening its involvement in Pakistan is nothing new. What has changed and has enabled the Chinese to intensify their focus on Pakistan, is the effective end of the West’s, and in particular the United States’, military operations in Afghanistan in 2015. Accordingly, NATO’s departure from Afghanistan has had two consequences: it has […]
A perfect storm is brewing this summer for emerging markets, and it could hit hard in September. Read Here – CNN Money
Is India being increasingly cut out of Afghanistan despite years of sustained engagement and considerable investment in the war-torn country? Is it the way the cookie crumbles? China is moving in and the Americans are moving out while the British mess around the edges. The big gamer and gainer is Pakistan and its military intelligence establishment. […]
…Unfortunately for the Chinese, their country’s population is about to peak and then shrink fast. Fewer people may not necessarily mean less power, but a shriveling population requires the country’s leadership to overcome demographic trends rather than be propelled by them, as it has since the founding of the People’s Republic in 1949. Read Here […]
In expanding maritime connectivity and cooperation with Dhaka, Prime Minister Narendra Modi has begun to devote the kind of strategic attention the Bay of Bengal has long deserved. While the waters to India’s east have steadily gained salience in China’s calculus, New Delhi’s interest in the bay has tended to be limited and episodic. Read […]
looking beyond borders 