The new central bank network created since 2008 is of a piece with the new networks for stress testing and regulating the world’s systemically important banks. The international economy they regulate is not one made up of a jigsaw puzzle of national economies, each with its gross national product and national trade flows. Instead they oversee, […]
The past decade has witnessed significant changes in the global economy as many nations around the world have struggled with the Great Recession and its aftereffects. While the United States and other relatively wealthy Western nations have slowly bounced back from the crisis, economic growth rates have been low compared with those of China, India […]
When it comes to the relationship between Saudi Arabia and Iran, the past doesn’t seem to exist independently from the present. Because of this, the appointment of the new crown prince raises concerns in Tehran. Iran is worried because it views Mohammed, the de facto ruler of its arch rival, as lacking wisdom and as […]
The present political dynamics in the Middle East are unsettled and kaleidoscopic. But in the interests of brevity, leaving aside smaller players, and before we think about the role of the United States and Russia, the basic configurations of power in the region since the 2011 Arab Spring can be simplified in terms of five […]
Google, Facebook, Amazon, and the rest of Silicon Valley are on top of the world. They’ve never enjoyed more success or influence. Yet at the peak of their power, they are stepping on the political accelerator in a way that could backfire spectacularly. Read Here – Entropy Economics
The German chancellor herself has said she is highly skeptical of the leadership role ascribed to her by international media. Merkel’s view is, in fact, shared by her fellow citizens, whose appetite for global leadership remains limited. Berlin’s de facto dominance in Europe notwithstanding, Germans are as reluctant as ever to embrace a prominent international role. Read […]
North Korea’s intercontinental ballistic missile flew right past President Donald Trump’s boast of “It won’t happen!” Guess what, boss? It’s happening. It’s bad and it’s going to get worse. And Trump has no plan for how to stop it… If Kim is not stopped it is likely that he will have missiles capable of hitting Los Angeles, New […]
The I.M.F. has a complex definition of “advanced,” but a common thread is that all the nations have a per-capita income of at least around $15,000. Since Poland completed the transition from Communism to democracy in 1991, its economy has been growing at an average annual rate of 4 percent and, remarkably, has not suffered […]
Only a select few world leaders receive Israel’s grand reception at Ben Gurion International Airport: people like the President of the United States, and the Pope. So it did not go unnoticed that India’s Prime Minister Narendra Modi received the same red carpet treatment. Read Here – CNN
Last year’s Brexit vote followed by the election of Donald Trump resulted in the idea that populism was sweeping the West. Elections were scheduled in 2017 for Austria, the Netherlands, France, and Germany, leading to fears among the establishment in those countries that the center-left-center-right consensus that had dominated politics for much of the past […]
looking beyond borders 