Suddenly India is being wooed again. In the space of a few days, both François Hollande and David Cameron have turned up on its doorstep with palms outstretched in the search for business contracts. It will have come as a soothing balm to an Indian government facing increasing disillusion at home and growing cynicism on […]
Recent political debate in the United States and other advanced capitalist democracies has been dominated by two issues: the rise of economic inequality and the scale of government intervention to address it. As the 2012 U.S. presidential election and the battles over the “fiscal cliff” have demonstrated, the central focus of the left today is […]
This hardly seems like the moment to ask what type of state will emerge in Libya. Two years on from the uprising that eventually toppled Muammar Qaddafi, the country hardly has a functioning state at all. There is still no constitution and there may not be one for months. The parliament, elected less than a […]
Two years ago …, a popular uprising ended Hosni Mubarak‘s thirty-year reign. Egypt’s revolution is still churning, of course, and that country is now deeply polarized between the ruling Muslim Brotherhood, which has embraced many of Mubarak’s autocratic tendencies in its attempt to consolidate power, and a non-Islamist opposition that fears theocratic rule in Egypt. […]
Singapore has often been cited as a success story, the envy of governments around the world. But simmering underneath the gloss and the shine lies a much more complex story of a nation slowly outgrowing a patriarchal government and restrictive system. Not long after losing a by-election, the ruling People’s Action Party (PAP) launched a White […]
As the slowdown in the world’s major industrial economies drags on, growth in developing Asia is being affected. A serious burden will likely be placed on the region’s major economies, particularly its two giants, India and China. Both countries’ external sectors have clearly been hit hard, while domestic consumption is stagnating. Fixed-asset investment in India […]
Singaporeans are raring to do something extraordinary: protest. That might not seem like a big deal with the Arab Spring uprisings; Chinese journalists taking to the streets; and thousands of typically docile Japanese rallying against government policies. But tropical Singapore is the land of quiet brooding, where mass street demonstrations are as common as snowstorms. Read […]
Sharma Sagar is the new face of Korean manufacturing. He’s from Nepal. Sagar studied Korean for years, competing with other candidates in his native Himalayan homeland to be chosen by a joint-government program that was set up to help South Korea supplement its dwindling labor pool. Read Here – Bloomberg
ON FEBRUARY 6th, a few days before the Chinese new year, banks in Taiwan offered something new to their customers: deposit accounts in China’s currency, the yuan. The banks were full of seasonal generosity, offering much better terms than depositors normally enjoy. At Bank SinoPac, customers without two yuan to rub together can open an […]
President Barack Obama called for raising the federal minimum wage to $9 an hour and warned he’ll use executive powers to get his way on issues from climate change to manufacturing if Congress doesn’t act, laying out an assertive second-term agenda sure to provoke Republicans. In the first State of the Union address (See Here) since winning re- […]
looking beyond borders 