China’s Two Traps

As China’s economic slowdown suggests, the next phase of its development is rife with challenges. While China does not have to adopt Western-style liberal democracy to avoid the “middle-income trap” and the Thucydides Trap, it will have to devise a viable alternative. Read More Here

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India’s Stalled Rise

For the Indian economy to achieve its potential, however, the government will need a sweeping new approach to policy—a reboot of the country’s software. Its industrial policy must be reoriented toward lower trade barriers and greater integration into global supply chains. Read More Here

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