In the debate over the future of China’s growth, one factor typically animates the bulls more than any other: the country’s sheer size. One way or another, this undergirds most optimistic scenarios. China is so big it can absorb years and years of public-works spending without waste becoming a drag. The population is so large, […]
Among European publics ‘the Greek crisis’ is a phrase that invokes images of corruption, poor government, civil unrest, and social turmoil. Foreign governments and political commentators have grasped that this narrative also provides a way to provoke political change in their own countries. By threatening a future ‘akin to Greece,’ unpopular domestic reforms are passed […]
There is a lot going for India’s relations with Japan if New Delhi can overlook the Dragon in the room and get on with what it needs to do to ensure its economic and diplomatic rise. Read Here – Indian Express
German Finance Minister Wolfgang Schaeuble warned on Tuesday that failure to win the battle against youth unemployment could tear Europe apart, and dropping the continent’s welfare model in favor of tougher U.S. standards would spark a revolution. Read Here – Reuters
China’s new leaders are talking nice. The country’s “ambitious” reform plans will provide “enormous” opportunities for the world, said premier Li Keqiang on May 27 at a business forum in Berlin, citing plans for industrialization and urbanization, as well as agricultural and technological upgrading. China and the U.S. must“build on past successes and open up new dimensions for the […]
Current trends in the global energy market don’t look good for Saudi Arabia. First, the International Energy Agency projected in November 2012 that the United States will surpass the Gulf petrogiant as the world’s top energy producer by 2020. Then, last week, it revealed that North America, buoyed by the rapid development of its unconventional oil industry, […]
The International Monetary Fund’s 2012 World Economic Outlook provided surprising cause for optimism about economic growth in several African countries. Based on the IMF’s estimates, Business Insider recently profiled 20 countries with the highest projected compounded annual growth rate (CAGR) from 2013 through 2017; ten of them are in sub-Saharan Africa, and two are in North Africa. These statistics […]
The lack of women in the workforce poses one of the biggest structural impediments to faster growth. Japan’s institutionalized sexism deepens deflation, hurts competitiveness and exacerbates the demographic trends that make Japan’s debt load so dangerous. Read Here – Bloomberg
For much of this year, discrimination of immigrants and racism have been hotly debated in a country where 14% of its 9.6m people are foreign born. Now the riots could make immigration and integration the pivotal debate in Swedish politics. Read Here – The Economist
If Obama and Xi lift their heads above the parapets and begin charting a jointly agreed course through the coming decade, they may find that they have much in common. Read Here – Project Syndicate
looking beyond borders 