As the report at the 18th Party Congress has stated, China will hold high the banner of socialism with Chinese characteristics. It will free up the mind and implement reform policies. It will open up, pool strengths, overcome difficulties, and strive to complete the building of a moderately prosperous society. By 2020, when the CPC […]
Global attention is increasingly turning towards Asia as the concurrent rises of China and India signify the nascent stages of the Asian 21st century. As part of this focus, greater reflection is being given to the standing that India and China have held in the past; their natural primacy as great powers in terms of demographics, economic clout […]
Prime Minister Manmohan Singh said that India and the Association of Southeast Asian Nations (ASEAN) have concluded negotiations for a free trade agreement (FTA) in services and investments. The background work clears the way for greater economic and political integration between India and the bloc of 10 countries that accounts for a GDP of about […]
Most of us still look at China, the world’s second-largest economy, as the undisputed leader among major developing countries. In the long run, however, I’m betting on India to emerge as the more significant global economy. Those who are dazzled by China often forget that much of the rapid growth before 2008 was caused by the shift of […]
An understanding of demographic trends can assist governments in targeting policies for the future and saving money for education, retirement, taxes, healthcare, distribution of natural resources, and more. More importantly, targeted policies can ease resentment emerging over demographic imbalances. The globe can anticipate an additional 1 billion people by 2025 – a total of 8 […]
New technologies, dwindling resources and explosive population growth in the next 18 years will alter the global balance of power and trigger radical economic and political changes at a speed unprecedented in modern history, says a new report by the U.S. intelligence community. The 140-page report released today by the National Intelligence Council lays out […]
Australia’s economy slowed last quarter as the government and consumers tightened spending, validating the central bank’s decision to cut interest rates yesterday. Third-quarter gross domestic product advanced 0.5 percent from the previous three months, when it expanded 0.6 percent, a Bureau of Statistics report released in Sydney today showed. The result compared with the median […]
Euro zone finance ministers and the International Monetary Fund clinched agreement on a new debt target for Greece on Monday in a breakthrough towards releasing an urgently needed tranche of loans to the near-bankrupt economy, officials said. After nearly 10 hours of talks at their third meeting on the issue in as many weeks, Greece’s international lenders […]
It’s official: Europe has double-dipped. The 17-country euro zone has fallen into its second recession since 2008, as figures released on Nov. 15 showed gross domestic product declining 0.1 percent during the third quarter. That followed a 0.2 percent contraction during the previous three months, according to the European Union’s statistics office. There were some […]
The usual story about African development over the last few decades is, simply, that it hasn’t developed. It is a region mired in permanent poverty—destined by geography or disease burden or corruption or ethnic division to everlasting misery. That story should be placed in the fiction aisle. Quality-of-life measures have been improving for decades across […]
looking beyond borders 