The ruling communist parties of Vietnam and Laos have formally named their new leadership teams after five-year reshuffles, and the new lineups appear very peculiar. Politicians whose experience should have made them ideal candidates for certain roles were installed in positions ill-suited to their skills. Round pegs have been placed in square holes. Read Here […]
It is one year into the COVID-19 pandemic and the global community still confronts extreme social and economic strain as the human toll rises and millions remain unemployed. Yet, even with high uncertainty about the path of the pandemic, a way out of this health and economic crisis is increasingly visible. Read Here | IMF Blog
While the US, China, and other leading economies are on their way to a robust recovery, many others are struggling to return to pre-pandemic GDP levels. In most regions, including Europe and Latin America, the 2020 recession will most likely leave long-lasting scars on both GDP and employment. Read Here | Project Syndicate
Recessions wreak havoc and the damage is often long-lived. Businesses shut down, investment spending is cut, and people out of work can lose skills and motivation as the months stretch on. But the recession brought on by the COVID-19 pandemic is no ordinary recession. Compared to previous global crises, the contraction was sudden and deep—using quarterly […]
Forget the poetic flap of a butterfly’s wings in Beijing causing rain in Central Park. Climate issues in Asia-Pacific are measured in superlatives. The world’s biggest population. Two of the three largest carbon dioxide-emitting countries and the largest share of emissions globally. The most exposed to extreme weather events. Some of the smallest and most vulnerable […]
In the half-century since it gained independence, Bangladesh has gone from being what Henry Kissinger called a “basket case” to a case study in rapid economic development. A large micro-finance sector, balanced labor regulations, and resistance to religious fundamentalism have been key to the country’s success. Read Here | Project Syndicate
China this century is on track to experience history’s most dramatic demographic collapse in the absence of war or disease. Today, the country has a population more than four times larger than America’s. By 2100, the U.S. will probably have more people than China. Read Here | The National Interest
The United Kingdom would therefore do better to approach its next chapter with a little more humility. The country can still play a central part in international politics if it reconciles itself to the role of middle power. Instead of indulging in Commonwealth or Indo-Pacific fantasies, London should seek its strengths closer to home—where it […]
The global economy is set to grow by 4.7% this year, faster than predicted in September (4.3%), thanks in part to a stronger recovery in the United States, where progress in distributing vaccines and a fresh fiscal stimulus of $1.9 trillion are expected to boost consumer spending, says a new UNCTAD report. But this will still […]
looking beyond borders 