The growing geopolitical and economic split between the United States and China should prompt a paradigm shift in economic thinking. In particular, economists will need to reconsider their approach to topics such as comparative advantage, market integration, and how to promote convergence. Read More Here
A succession of shocks over the past decade and a half have significantly reversed the dominant international economic trend of the post-Cold War era. Read More Here
Realities in the Indo-Pacific region have changed, and it’s time for New Delhi to deepen its political ties with Taipei. Read More Here
The release of data showing that the US economy has contracted for two quarters in a row has triggered an intense semantic debate among economists, pundits, and political operatives. The Biden administration and many commentators are at pains to deny that the US is in a recession, but history is not on their side. Read […]
As financial conditions tighten, even countries that had seemed on track to prosperity and stability now stare into the abyss of debt distress, fragility and uncertainty about the future. Both aid and trade have key roles to play in reversing the impacts of this quadruple shock and putting the world back on track. Read More […]
In the past four years, China’s global image, which had been positive or at least neutral in many parts of the globe for the prior two decades, has deteriorated extensively. Read More Here
Chinese policymakers are increasingly convinced that the United States is determined to implement a full-fledged strategy of containment against China. Read More Here
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
Global growth is expected to slump from 5.7 percent in 2021 to 2.9 percent in 2022— significantly lower than 4.1 percent that was anticipated in January. It is expected to hover around that pace over 2023-24, as the war in Ukraine disrupts activity, investment, and trade in the near term, pent-up demand fades, and fiscal […]
As long as Indo-Pacific Economic Framework (IPEF) lacks clear incentives, it will be hard to transform it into meaningful action. Read More Here
looking beyond borders 