The pandemic is likely to stay for longer. The first round impact will be on overall economic growth. The second round fallout, the one which is more worrisome, will see deepening of the structural fault lines that have already set in; growing income inequality, deepening digital divide, joblessness and further erosion of the country’s already […]
Unfortunately, Modi failed to recalibrate India’s dynamics when the economic sun was shining. An environment sparking comparisons to Dante or, at the very best, Charles Dickens is not promising for getting reforms done. Or for where India’s economy might find itself 10 years from now. Read Here | Asia Times
Given strong public support for the Conference on the Future of Europe, failure to make at least some strides toward developing a shared European vision would amount to a major missed opportunity. Worse, it would discourage those who, for better or for worse, have allowed their expectations to be raised. Read Here | Project Syndicate
There may be few public figures as quintessentially American as Donald Trump, but the 45th president’s election in 2016 was also widely seen as part of a global political backlash against liberalism, globalization, and immigration. It was a wave that included the 2016 Brexit referendum, the growing influence of far-right populist parties in Europe, and […]
While the rise of China as an export powerhouse became evident at the beginning of this century, the story began earlier. Towards the end of the 1970s, China began a set of reforms to upgrade its economy and open up to the world. At that time, its share of global trade stood at less than […]
Despite COVID-19, remittance flows remained resilient in 2020, registering a smaller decline than previously projected. Officially recorded remittance flows to low- and middle-income countries reached $540 billion in 2020, just 1.6 percent below the 2019 total of $548 billion. Read Here | World Bank
China’s population grew at its slowest pace since the 1950s over the 10 years to 2020, government data shows, adding to pressure on Beijing to ramp up incentives for couples to have more children and avert an irreversible decline. The population of mainland China increased 5.38 percent to 1.41 billion, according to the results of […]
While the fallout from previous Chinese dynastic power struggles was largely limited to within its borders, the global impact of a twenty-first century succession crisis would be immense. Indeed, under Xi Jinping, the likelihood of a succession crisis grows daily, as he continues to concentrate political power and personalize his rule in contravention of decades […]
Many economists care more about China’s per capita GDP, or income per person, than the aggregate measure. The key takeaway is that China remains a poor country, despite its phenomenal headline economic growth over the past four decades. Read Here | Project Syndicate
Driving the drumbeat are strategic concerns shared with Washington, with possibly some personal ambitions thrown in for good measure. Canberra is seen responding to approaches by Washington to its allies in the Pacific, principally Japan and Australia, to add their weight more openly to the US deterrent… Read Here | Asia Times
looking beyond borders 