The Chinese government is likely to face a tricky economic policy choice in the second half of this year. If it loosens its fiscal stance, public finances will worsen significantly. But if it cuts expenditure to offset the pandemic-related revenue shortfall, growth will be lower, with dire consequences. Read Here – Project Syndicate
Every month of this year has brought new evidence that voting in 2020 hasn’t been going very well. And with perhaps the most consequential election in generations—when the nation ratifies or rejects President Donald Trump’s divisive agenda—experts are starting to believe that the general election will be much, much worse. Read Here – Politico
A deep determination to battle against great odds may explain why East Asia has so far responded much better to the COVID-19 pandemic than most Western countries. And if the region’s economies also recover faster, they may well offer a glimmer of hope to a world currently drowning in pessimism. Read Here – Project Syndicate
After keeping its society and economy running throughout the coronavirus pandemic, squashing the outbreak, and donating millions of face masks to many countries, Taiwan has earned a lot of positive press internationally. But there is another vital area in which the world could also learn from Taiwan’s experience. Read Here – Foreign Policy
It took four days of almost constant and uninterrupted negotiations, but in the end, a deal was made: EU leaders agreed on a roadmap out of the coronavirus economic crisis in the early hours of this morning, with the package predictably hailed as “historic” by almost all involved. Historic it might be, but that is […]
By any measure, China’s recent foreign policy has displayed an astonishing level of assertiveness. That Beijing has shed its prior inhibitions in the midst of a devastating global health and economic crisis for which the Chinese leadership itself bears culpability, and a still-fragile economic situation in China itself makes it all the more remarkable. Read Here – WarOnTheRocks
Most Americans think with its democracy, the United States has the best form of government. China, with its one-party dictatorial state, communist or otherwise, has the worst form. This is China’s Achilles’ heel and will spell the downfall of the Chinese Communist Party. In reality, from the Chinese people’s perspective and theirs alone, their government […]
An armed conflict will do little to resolve India’s security dilemma along the Himalayan border with China. The coronavirus and the economic downturn caused by currency demonetisation, when coupled with an expensive war, however, limited the latter might be, could lead to a serious downturn in an economy that is already bleeding. Read Here – […]
China’s Belt and Road program has found new life in Pakistan with $11 billion worth of projects signed in the last month, driven by a former lieutenant general who has reinvigorated the infrastructure plan that’s been languishing since Prime Minister Imran Khan took office two years ago. Read Here – Bloomberg
With its open and traditionally nimble economy, Singapore often plays a weathervane role for global trade trends. As such, the ill winds blowing across the city-state should worry policymakers worldwide. According to statistics released, Singapore saw a startling 12.6% annualized drop in gross domestic product (GDP) between April and June. Viewed quarter-to-quarter, GDP collapsed a whopping […]
looking beyond borders 