The US has experienced a decade of excessively low interest rates, which have caused investors and lenders to seek higher yields by bidding up the prices of all types of assets and making risky loans. The danger is that overpriced assets and high-risk loans could lose value and cause an economic downturn. Read Here -Project […]
On the whole, rapid economic expansion in India is a good thing for China as China’s consumer market matures, but Chinese manufacturers will inevitably face increased competition from Indian firms at the same time. As labor costs climb in China, Vietnam has become an emerging manufacturing nation, but China doesn’t need to panic. However, manufacturing […]
In an ideal world, it would be nice to streamline, simplify, and even reduce tax and regulatory burdens on US businesses. But business is not the weak link in the US economic chain; workers are far more vulnerable. Economic returns have shifted dramatically from the providers of labor to the owners of capital over the […]
Apart from structural imbalances, the inability of Pakistan’s economy to absorb the growing working-age population is due to the snowballing effect of insufficient investment in education over decades. This weakness has manifested itself when an educated work force is needed the most in order to reap the demographic dividend. Read Here – The Indian Express
The “fourth industrial revolution”, an era of unprecedented automation and connectivity, could reshape the urban environment and have profound impacts on society at large. Read Here – Rancoteur
Politicians routinely bemoan the loss of good blue-collar jobs. Work like that is correctly seen as a pillar of civil middle-class society. And it may yet be again. What if the next big blue-collar job category is already here—and it’s programming? Read Here – Wired
Africa is by no means destined to lag behind the rest of the world economy. On the contrary, it could easily become a global economic powerhouse – and within the next decade. But, to fulfill its economic potential, Africa must industrialize. Read Here – Project Syndicate The hardships of doing business in Africa
Trump’s decision to reach out to Modi, which preceded contact with the head of any major European nation, is significant. It’s hardly surprising that the two are simpatico. They come at each other on equal terms—as unrepentant patriots and guardians of economic national interest. Read Here – The National Interest
Calculated outrage is an old political trick, but nobody in the history of American politics has deployed it as aggressively, as repeatedly, or with such success as Donald Trump. If there is harsh law enforcement by the Trump administration, it will benefit the president not to the extent that it quashes unrest, but to the […]
One of the least enviable jobs in the world at the moment has to be that of Indian finance minister. Arun Jaitley will present his fourth annual budget to India’s Parliament on Wednesday amid terrible headwinds — mostly caused by his government’s bewildering and disruptive decision to invalidate 86 percent of India’s currency last November. […]
looking beyond borders 