WTO Says Be Careful On ‘Friend-Shoring’
Trade blocs seeking to skirt geopolitical risk by “friend-shoring” activities to like-minded countries should be careful which commerce partners they favour. Read More Here
Tag: Global Economy
Asia’s Economies Face Weakening Growth, Rising Inflation Pressures
The global economic outlook has darkened, and growth across Asia and the Pacific is poised to slow further amid the continuing impact of Russia’s invasion of Ukraine and other shocks. Economic growth in Asia and the Pacific is projected to decelerate to 4.2 percent this year, 0.7 percentage points less than we forecasted in April and slower […]
A Chinese Invasion Of Taiwan Could Unleash An Economic Disaster
If China goes ahead with an invasion of Taiwan, regardless of whether China officially considers it an invasion, it could have a substantial impact on global trade. Read More Here
Ant Group’s Long March
The abrupt suspension of Ant Group’s IPO may reflect Chinese authorities’ displeasure over a recent speech by the fintech conglomerate’s controlling shareholder, Jack Ma, who was critical of financial regulations that he believes show insufficient understanding and support for fintech innovation. Is Ma right? Read Here | Project Syndicate Also Read | Ant Group IPO […]
The Triple Crisis Shaking The World
More than just a public-health disaster, the COVID-19 pandemic is a history-defining event with far-reaching implications for the global distribution of wealth and power. With economies in free-fall and geopolitical tensions rising, there can be no return to normal: the past is passed, and only the future counts now. Read Here – Project Syndicate
How Pandemics Leave The Poor Even Farther Behind
The COVID-19 crisis is now widely seen as the greatest economic calamity since the Great Depression. In January, the IMF expected global income to grow 3 percent; it is now forecast to fall 3 percent, much worse than during the Great Recession of 2008-09. Behind this dire statistic is an even grimmer possibility: if past pandemics are […]
The Real Fight For The Future Of 5G
With 5G it is possible to do enormous amounts of computing at very high speeds and without having to connect the input device—a cell phone, say, or a self-driving car—to a wire of any kind. But those high speeds are possible only if the rest of the system (signal towers, base stations, distributed servers, and […]
How A Weaponised Dollar Could Backfire
United States foreign policy under President Donald Trump continues to run counter to America’s traditional post-war objectives. Should the US carelessly relinquish leadership of the global multilateral order, the dollar might eventually lose its own long-standing primacy. Read Here – Project Syndicate
Reaping The Benefits Of African Economic Integration
Africa must industrialise to diversify away from natural resources and create jobs for its fast-growing young population. And by boosting intra-continental trade, consumption, and investment, regional integration can be a strong vector for improving productivity, building manufacturing powerhouses, and developing credible African brands. Read Here – Project Syndicate
The Age Of Uneasy Peace
…the post–Cold War interregnum of U.S. hegemony is over, and bipolarity is set to return, with China playing the role of the junior superpower. The transition will be a tumultuous, perhaps even violent, affair, as China’s rise sets the country on a collision course with the United States over a number of clashing interests. But as […]
looking beyond borders 