Is Globalization Harming Innovation?

New studies show that, while greater competition from China has contributed to an increase in patents in Europe, it has reduced the innovation rate in the US. These divergent outcomes are partly attributable to changes in the manufacturing sector. Read More Here

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Joe Biden’s Transatlantic Bridge To The Indo-Pacific Region

Uniting allies around an affirmative agenda is at the core of the Biden administration’s grand strategy of democratic solidarity. After four years of igniting dumpster fires with “America first” chest-thumping, U.S. diplomacy arose from the ashes. Truth beats fibs, hope topples fear, and Joe Biden knows the difference between an ally and a rival. Read More […]

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G7 Meet Underscores Fault Lines On China

The G7 is under compulsion to reinvent itself. The weekend summit marked the first step toward reframing the G7 as the fountainhead of the democratic world, enabling it to lead a coalition of the willing in a global campaign against China. However, there are signs of disunity among the G7 countries in regard to an […]

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The Paradoxes Of The Bangladesh Miracle

After emerging poor and devastated from its independence struggle 50 years ago, Bangladesh has managed to become a global paragon of economic development. While the country’s success is the result of many factors, two distinctive features of its political economy stand out. Read More Here

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Five Myths About Cryptocurrency

Cryptocurrencies might turn out to be a massive speculative bubble that ends up hurting many naive investors. Indeed, many cryptocurrency fortunes have already evaporated with the recent plunge in prices. But whatever their ultimate fate, the ingenious technological innovations underpinning them will transform the nature of money and finance. Read More Here

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The Next Move: Consequences For Emerging Markets

While this crisis will leave scars, it would be inaccurate to see only adversity ahead. Emerging markets can not only reclaim their hard-won economic gains, but do even better than before the pandemic. Obviously, a first step depends on procuring, producing and distributing vaccines to end this pandemic. Read More Here

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Biden Brings More Class Warfare To Foreign Policy

Despite presenting his agenda as the antithesis of Donald Trump’s, President Joe Biden, like his predecessor, is managing global affairs as an extension of domestic politics and economic policy. The goal of what the Biden administration calls “foreign policy for the middle class” is to promote the interests of America’s middle-class and working people. Read […]

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Xi’s Historic Mistake

If China historically had pursued the path that its current paramount leader, Xi Jinping, seems to want to take, it would not be a rising economic superpower. History shows that it is in China’s own interest to allow for more regional autonomy and less centralization. Read More Here

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