With Growth This Bad, India Needs More Than Luck

With India’s growth tumbling to 4.5% from 8.1% in little more than a year, you’d be surprised to know that Shaktikanta Das has one of the easiest jobs in central banking. He just has to keep doing what he’s been doing since becoming governor of the Reserve Bank of India last December: cut interest rates. Fortunately, political […]

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Where China Isn’t Sending Its Best And Brightest

In this sense, China is acting like the colonialists of old: For nearly a century, Britain, first through the East India Company and then under the Crown, exported its own mediocre men to supposedly civilize the South Asian Raj, contributing to the Empire’s impotence and eventual fall. Today, China is ultimately undermining its efforts to […]

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Three Tiresome Myths About China’s ‘Incompatible’ Economy And Global Trade

So, the sooner the advanced Western economies that laid the original rules for the WTO get off their pompous high horses, the better. The sooner they recognise that China’s practices do not constitute a unique and existential challenge, but rather raise important 21st-century questions about how original trade rules need to be updated, the better. […]

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Gotabaya Rajapaksa Wins Sri Lanka Presidential Election

Gotabaya Rajapaksa has won the Sri Lankan presidential election after a closely fought race against ruling party candidate Sajith Premadasa, with the country’s Election Commission declaring him the winner on Sunday. “I would like to inform everyone that I will execute everything you trusted in me [to do],” Rajapaksa said at the results announcement, flanked […]

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When Markets And Mobility Collide

Many people, including economists, wonder why a scheduled 3% fare increase on the Santiago metro triggered mass protests that paralyzed the entire country. In fact, the popular response should come as no surprise, and understanding it is crucial to devising better policy solutions. Read Here – Project Syndicate

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India Needs A New Story

Taken together, domestic economic management, recent political and geopolitical choices made at home, the regional and global consequences of Trump and Trumpism, the geo-economics and geo-politics of China’s rise, are all beginning to pose a challenge to the extant Rising India narrative. The old narrative is taking a beating. A new narrative can only be […]

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Is Economic Winter Coming?

Now that the old rules governing macroeconomic cycles no longer seem to apply, it remains to be seen what might cause the next recession in the United States. But if recent history is our guide, the biggest threat stems not from the US Federal Reserve or any one sector of the economy, but rather from […]

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We’re Underestimating China’s Impact On Governance In Latin America: Three Persistent Myths

China’s growing engagement with Latin America and the Caribbean (LAC) in recent years has captured the attention of policymakers, business leaders and foreign policy observers across the region. It seems nearly everyone these days wants to talk about China’s evolving presence and role in the region…But largely absent from the conversation has been a serious, […]

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The East India Company Invented Corporate Lobbying

It’s become commonplace for corporate lobbyists to write bills passed in state legislatures. The influence of corporate lobbyists in the U.S. Congress may be more subtle, but the combined power of lobbyists, many of them former politicians, is a major driver of the influence of corporate power in American government today. Read Here – JStor […]

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