The U.S. economic recovery is unlike any in recent history, powered by consumers with trillions in extra savings, businesses eager to hire and enormous policy support. Businesses and workers are poised to emerge from the downturn with far less permanent damage than occurred after recent recessions, particularly the 2007-09 downturn. Read More Here
Nigeria is in big trouble. If a state’s first obligation to those it governs is to provide for their security and maintain a monopoly on the use of violence, then Nigeria has failed, even if some other aspects of the state still function. Criminals, separatists, and Islamist insurgents increasingly threaten the government’s grip on power, […]
China’s ruling Communist Party said Monday it will ease birth limits to allow all couples to have three children instead of two in hopes of slowing the rapid ageing of its population, which is adding to strains on the economy and society. The ruling party has enforced birth limits since 1980 to restrain population growth […]
Xi Jinping is in a race against time. The glow of China’s early economic rebound and containment of COVID-19 is fading. The international media have moved on to celebrate vaccine efficacy and vaccination rates elsewhere, and other economies have started posting solid growth rates. Read Here | Foreign Affairs
The Biden administration’s ambitious spending and investment programs are precisely what the US economy needs to thrive in the twenty-first century. Best of all, the economic strategy now being pursued at the national level has already proven highly successful in the country’s wealthiest, most dynamic state. Read Here | Project Syndicate
It has never been easy to write about China, but today access is harder, and sources are more limited than they have been for decades. The pandemic hasn’t helped—since March 2020, China’s borders have been closed to most non-Chinese citizens. The result of this is that it is even harder for outsiders—and even most Chinese—to […]
While some major economies are recovering fast from the pandemic-induced recession, others are languishing, and still others remain in a state of acute crisis. The extent to which these global inequalities persist will depend on a range of factors, and will have profound implications for social, political, and geopolitical stability. Read Here | Project Syndicate
To the extent that crude demographic trends matter in world affairs, they have been running to the United States’ advantage for some time. But big changes are underway. The initial returns from the U.S. 2020 census and the reports about last year’s birth totals offered sobering news. Read Here | Foreign Affairs
All over the world, countries are confronting population stagnation and a fertility bust, a dizzying reversal unmatched in recorded history that will make first-birthday parties a rarer sight than funerals, and empty homes a common eyesore. Read Here | The New York Times
Future generations will remember what the world did, or failed to do, in the face of South Asia’s devastating second wave of the virus. India and its neighbours desperately need more vaccines, oxygen, and other supplies, and it is in everyone else’s interest to provide them as fast as possible. Read Here | Project Syndicate
looking beyond borders 