The stock market moves in patterns that occasionally repeat themselves for a while and then vanish, a feature common to unpredictable systems. Even if the pattern holds, there is nothing to prevent the market from tanking and then recover to produce a strong 17-year average return by 2026. The 20%-plus Crash of October 1987, for […]
The pervasiveness of clothing made in China in U.S. markets is certainly one of the things that comes to mind when talking about the balance of trade between the two nations. But there is a hidden price tag on all the clothing that is made in China. It’s a considerable sum—and growing—that is skewing the […]
Under Prime Minister Narendra Modi, India’s character is being transformed by a government with no regard for institutions, understandings, and conventions maintained since independence. If this trend continues, India may well soon cease to be the country which Mahatma Gandhi struggled to free. Read Here – Project Syndicate
At the beginning of the 19th century, as the British economic historian Angus Maddison has demonstrated, India’s share of the world economy was around 23 per cent, almost as large as all of Europe put together. (It had been 27 per cent in 1700, when the Mughal Emperor Aurangzeb’s treasury raked in £100m in tax […]
Just what form “struggle” will take in Hong Kong remains uncertain. In the end, Xi must make the difficult choice between his political instincts: crack down on Hong Kong’s unruly dissenters and bring them to heel or tolerate an uncomfortable degree of continued autonomy as the price of preserving the city’s important role in the […]
More than a decade after the global financial crisis, macroeconomists have failed to absorb three crucial sets of lessons. Their models are still struggling – and mostly failing – to cope with disruptive change, and with the fact that both balance sheets and inequality matter. Read Here – Project Syndicate
Nov. 9 marks the 30th anniversary of the fall of the Berlin Wall. There will be no lack of commemoration — but there will also be very little celebration. Today the country is once again divided along East-West lines, and growing more so. As it does, the historical narrative of what really happened in the […]
When the growth debate kicked off in the 1970s, most of the public still didn’t know anything about climate change. The Club of Rome researched resource consumption, overpopulation and pollution in a very broad sense. However, now that climate change has become an important political issue, we can learn a lot from that time. Most […]
Hong Kongers have long had an uneasy relationship with the Chinese Communist Party (CCP) because of the party’s attitude toward the city, which has been to extract as many economic benefits from it as possible, with little or no concern for those who live there. Read Here – The Atlantic
New Delhi has played its cards right to ensure global powers do not rock the boat over controversial futures mapped out for the two far-flung regions, but while many are onside now, analysts warn India cannot expect something for nothing. Read Here – South China Morning Post
looking beyond borders 