The number of infections in India surpassed 17 million in recent days, and the official death toll now exceeds 190,000. How did everything go so wrong so soon after India recovered from the first wave of the pandemic last year, resumed normal life and economic activity, and started exporting vaccines? Read Here | Project Syndicate
The competing imperatives of democracy promotion, global leadership, and “a foreign policy for the middle class” contain stark, if unrecognized, tensions. In part, those tensions stem from the limited time and attention available to the U.S. president and his senior staff… But to a greater extent, the tension comes from the limited resources and political […]
For most Russians, Putin is associated with the country’s rise as a great power, the revival of its military might and the stabilization of the economy compared with the volatility of the 1990s. He’s also overseen a considerable decline in the risk of terrorist threats in the country. Read Here | Asia Times
America’s focus on real and perceived threats overseas has led to an unconscious oversight of domestic, inherently American threats. This strategic distraction has favoured addressing foreign threats and those domestically with a foreign aspect, leaving a wide space for domestic extremism to go unchecked. Read Here | The National Interest
A new consensus has emerged in American politics: that the United States has recklessly pursued international economic openness at the expense of workers and the result has been economic inequality, social pain, and political strife. Read Here | Foreign Affairs
Data is now at the center of global trade. For decades, international trade in goods and services set the pace of globalization. After the global financial crisis, however, growth in trade plateaued, and in its place came an explosion of cross-border data flows. Measured by bandwidth, cross-border data flows grew roughly 112 times over from […]
The prospect of recovery from the COVID-19 crisis makes it all the more urgent to have a firm vision of how the burden of public debt can be reduced once the coronavirus has been vanquished. For this reason, every country must work on itself and strive to maintain budgetary discipline. Read Here | Project Syndicate
Bill Clinton was fond of saying that when it came to elections it was the economy, stupid. Judging by his unusually large budget stimulus package so early in his Administration, it would seem that Joe Biden does not subscribe to Clinton’s view. Read Here | The National Interest
To consolidate its post-pandemic growth momentum in 2021, China should not be in a rush to exit from expansionary fiscal and monetary policy. The government may have to issue more bonds than planned, and the People’s Bank of China may need to implement quantitative easing to facilitate this. Read Here | Project Syndicate
China’s antagonistic response to concerns over the use of forced labor in Xinjiang suggests that its leaders believe that the Chinese market is simply too lucrative for Western firms or governments to abandon. They may be overplaying their hand. Read Here | Project Syndicate
looking beyond borders 