Make America Invest Again

Whatever their electoral implications, recent US legislative achievements – from the CHIPS and Science Act to the Inflation Reduction Act – portend a massive increase in long-term investment in America’s growth potential, and in balancing out the various dimensions of its growth pattern. It’s a change that couldn’t come too soon. Read More Here

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The China Question

Politicians pushing globalisation like Clinton may have told the public that the purpose of NAFTA and of China’s admission to the World Trade Organization (WTO) was to open the closed markets of Mexico and China to “American products made on American soil, everything from corn to chemicals to computers.” But U.S. multinationals and their lobbyists […]

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China Vows To Upgrade Country’s Manufacturing; No Mention Of Made In China 2025 For First Time In Three Years

In delivering his 2019 government work report to the National People’s Congress in Beijing, Chinese Premier Li Keqiang said the country would “work faster to make China strong in manufacturing” – this despite there being no mention of “Made in China 2025” in the government work report for the first time in three years. Read […]

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President Trump’s First Year, In 14 Metrics

Like any president, Trump is taking credit for good economic news. He’s highlighted rising stocks and falling unemployment. But Trump also, famously, regards trade deficits as a sign of economic weakness. And for people who worry about the fact that the U.S. buys more stuff from other countries than it sells them, the news has […]

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Could It All Be Made In China By 2025?

Take more than 500 types of industrial product and China ranks first for 220 of them, globally. Yet Beijing isn’t satisfied with just being the world’s factory for cheap goods. More than a third of the country’s 800-million workforce produce biblical amounts of stuff, generating $3 trillion annually, but China’s position is slipping. It’s political and […]

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Reviving India’s Economy

Given the Indian economy’s massive size and extensive global linkages, its growth slowdown is a source of serious concern not just domestically, but around the world. The good news is that carefully crafted policies that address both short- and long -term impediments can reverse the downward trend. Read Here – Project Syndicate

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Deciphering China’s Economic Resilience

The fixation on headline GDP overlooks deeper issues shaping the China growth debate. That is because the Chinese economy is in the midst of an extraordinary structural transformation – with a manufacturing-led producer model giving way to an increasingly powerful services-led consumer model. Read Here – Project Syndicate

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