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 […]
Whether it was confidence due to his growing domestic strength, a belief that the balance of economic power in the U.S.-China relationship had already shifted, or a concern about appearing weak in front of Trump, Xi seems to have reached the conclusion that China, under his leadership, can successfully challenge the United States. This appears […]
After years of low inflation, investors and policymakers have settled into a cyclical mindset that assumes advanced economies are simply suffering from insufficient aggregate demand. But they are ignoring structural factors at their peril. Read Here – Project Syndicate
In some ways Mr. Modi has proved more statist than the Gandhis. Before he took power he criticised Congress welfare programs as insulting to the poor, who “do not want things for free” and really want “to work and earn a living.” As prime minister, Mr. Modi doubled down on the same programs, expanding the landmark […]
Indian liberals fear that a second term for Prime Minister Narendra Modi might prompt a decisive turn against the country’s secular traditions, much as the American left fears that Donald Trump’s return would irreparably harm U.S. democratic institutions. This Modi-as-strongman thesis places India squarely within a global autocratic resurgence, featuring a familiar tableau of leaders […]
It makes sense that a continent home to 54 countries and 1.2 billion people would also house a mass of contradictory developments. Africa features several of the world’s fastest-growing economies and a burgeoning middle class. But much of the continent remains mired in debt, ravaged by conflict, disease or terrorism, and plagued by elites […]
The economic news is impressive: the lowest unemployment rate since 1969 and 3.2 percent economic growth in the first quarter. For President Trump, it raises the possibility of running an upbeat, Morning in America-style reelection campaign, like Ronald Reagan did in 1984. Except for one thing: Trump is congenitally unable to keep it sunny, or […]
looking beyond borders 