Indian companies have a head-start in translating those growth trends into profitable, sustainable enterprises. From deep experience in their home market, they know how to overcome the challenges that limit markets and make life harder for ordinary people. Africa should be high on the agenda of Indian companies targeting global growth. Their innovations and investments […]
Policymakers need to ask what Wall Street’s mighty money machine exists for in the first place. Should the financial business exist primarily as an end in itself, or should it be, as in the original meaning of “finance,” a means to an end? …When finance becomes an end in itself, the public is liable to […]
The biggest challenges to the brittle present system in China don’t come from outsiders concocting destabilizing plots in an imaginary, inimical West, but from Chinese people themselves, which is precisely what the people of Hong Kong are, as Beijing itself has always insisted. Once they get a whiff of them, people everywhere, it turns out, […]
Beyond the US, the fragility of growth in debt-ridden China and some other emerging markets remains a concern, as do economic, policy, financial and political risks in Europe. Worse, across the advanced economies, the policy toolbox for responding to a crisis remains limited. The monetary and fiscal interventions and private-sector backstops used after the 2008 […]
After overcoming significant political and economic headwinds during the past decade, the US economy now appears to have undergone its longest sustained expansion in history. Yet, behind the data showing historically low unemployment and long-awaited wage growth lie vulnerabilities that cannot be ignored. Read Here – Project Syndicate
In the eyes of some US politicians, the world is a theatre of monodrama for America, while the international rules are just a puppet in their hands. In this monodrama, it is the United States that decides how the story goes. So, is there any justice in this world? How can the hard-won international rules […]
Pakistan’s Prime Minister Imran Khan is fond of using sporting clichés to explain complicated political dilemmas. “Bowling out the opposition” and forcing the “Umpire’s finger” are both regulars from his public speaking playbook. But as problems mount for Pakistan’s civilian leader, it’s getting harder to explain away reality with handy cricket metaphors. Cricket, after all, […]
Brexit is an all-consuming maelstrom of political dysfunction, one that has compelled Britain’s eyes inward. Yet amid the chaos, Prime Minister Theresa May has been steadfast in her determination that the country’s international role should not succumb to the same myopic fate as its departure from the European Union has. Read Here – The Atlantic
Mainstream economics has largely failed to keep up with the rapid pace of digital transformation, and it is struggling to find practical ways to address the growing power of dominant tech companies. If economists want to remain relevant, they must rethink some of their discipline’s basic assumptions. Read Here – Project Syndicate
There is a dirty little secret in economics today: the United States has benefited – and continues to benefit – from the global slump. The US economy is humming along, even while protesters in the United Kingdom hurl milkshakes at Brexiteers, French President Emmanuel Macron confronts nihilist yellow-vested marchers, and Chinese tech firms such as Huawei fear being frozen out […]
looking beyond borders 