Since at least 2011, senior government officials have used the concept of economic statecraft to explain the tools of U.S. economic power for foreign policy and national security purposes. These include economic sanctions, inbound and outbound investment review, export controls, economic diplomacy, and direct and indirect financial assistance. Read More Here
For the last several years, world leaders have made big promises and laid out bold plans to mitigate the climate crisis and help the neediest countries adapt. At this year’s World Bank/IMF Spring Meetings, they must demonstrate that they can fulfill these promises, rather than simply touting new ones. Read More Here
How the diplomat-turned-politician S. Jaishankar became the chief executor of India’s assertive foreign policy. Read More Here
In a first, Beijing becomes Southeast Asia’s preferred choice over Washington. Read More Here
As Beijing deprioritizes the real estate sector, it is doubling down on investment in science, technology, and national defense. Read More Here
Narendra Modi’s reign is producing a less liberal but more assured nation. Read More Here
With a $1.6 trillion deficit this year, $35 trillion in overall debt, and $1 trillion in interest payments this year, if the U.S. dollar is no longer the primary global reserve currency and there is suddenly a true rival to the U.S. currency, then the entire American financial system comes crashing down. Read More Here
While China obviously needs to boost private-sector confidence and revive growth with a more sustainable economic model, it is not clear that Chinese leaders fully appreciate the challenges they face. The shift back to state capitalism over the last decade is plainly incompatible with President Xi Jinping’s development goals. Read More Here
With a Soviet-style election, Vladimir Putin’s Russia has come full circle. Read More Here
With India’s development continuing to gain steam, one of the biggest challenges will be to avoid the mistake that others have made when they failed to recognize their newly acquired global systemic influence and adapt accordingly. Both China and Big Tech show that it is never too early to start managing one’s own rise. Read […]
looking beyond borders 