PARISIANS are in a tizz about capitalism. New Yorkers get stressed about sex. In Seoul and San Antonio, Texas, 11,000km apart, citizens fret about the relationship between humans and apes. What goes into school textbooks—and, even more, what is left out—spurs concern and controversy all over the world. And so it should. Few, if any, […]
Federal Reserve Chairman Ben S. Bernanke tried to refute arguments the U.S. central bank’s record stimulus is causing destabilizing flows of capital to emerging-market economies. “It is not at all clear that accommodative policies in advanced economies impose net costs on emerging market economies,” Bernanke said today in prepared remarks for a seminar in Tokyo on the last day of […]
It was an important day for Angola, June 20th, 2006. Amid the diplomatic pomp and handshakes of an official visit, Chinese Premier Wen Jiabao opened the Luanda General Hospital and had his picture taken peering into a microscope surrounded by officials in suits and medics in white smocks. The capital’s General Hospital, a sprawling eighty-thousand […]
The first time I met Raghuram Rajan, the Indian economist couldn’t sit still. It was over coffee in Bangkok in November 2008, less than two months after Lehman Brothers Holdings Inc. imploded and almost took the global financial system down with it. Rajan had become a big draw by then, having warned as early as 2005 […]
The current trade dispute between the United States and China isn’t the first and won’t be the last. This one involves auto parts. Earlier it was solar panels. Before that: rare earth minerals. Next it will be something else. All of these disputes will be resolved in due course. They are important for many reasons. […]
There is the United States of America and then there is the ‘idea’ of USA that exists in the minds of significant portions of the middle classes all across the globe. How this looks in real life varies slightly according to the region of the world, reflecting specific aspirations and anxieties. In the subcontinent, the […]
As the 2012 presidential election draws near, it is clear that American voters will face a stark choice on issues ranging from a woman’s right to choose to the future of America’s social safety net. Differences over foreign policy, in particular, have recently taken on renewed significance. In his speech at the Democratic National Convention, […]
Immigrants play vital roles at 4 out of 10 Silicon Valley start-ups, and a third of those immigrants are Indians. But the US isn’t the only one to gain, according to India‘s Hindustan Times. Last year, Indians living abroad pumped $66.13 billion into the economy, compared with only $46.84 billion in foreign direct investment, the paper said. And […]
Mitt Romney may have talked about the Middle East yesterday in what was billed (and panned) as a major foreign policy address, but ad spending by both candidates’ camps shows that global affairs are still low on the list of key campaign topics. Fewer than 10% of ads aired in the U.S. presidential race to date have made […]
Want to find a job? That’s not a problem if you are trained as a technician and looking for work in China or Brazil. Ditto for sales representatives, who are in hot demand in Taiwan and Hong Kong. In Japan, engineers won’t sit idle. Meanwhile, in Ireland, IT workers are needed. In the Netherlands, it’s […]
looking beyond borders 