It’s not just Chinese firms that are seeking to profit from America’s energy boom. Roughly 20 percent of the $133.7 billion invested in U.S. tight oil and shale gas from 2008 to 2012 came from abroad. To date, from Asia, Japanese companies have invested $5.3 billion; Indian companies $3.55 billion; and Korean companies $1.55 billion. […]
Once upon a time, global foreign direct investment flowed from only a few sources: the traditionally wealthy states of Europe, North America, and Japan. But cross-border investment from countries such as Brazil, India, and China is now flowing not just to other emerging and transitional economies, but also to the “old” FDI-exporting states. These changes have […]
While Washington is consumed by political furor over how to get the federal budget deficit under control, strangely few people are talking about its troublesome twin sister. Unlike the budget deficit, the half-trillion-dollar U.S. trade deficit does nothing to stimulate the economy even in the short term. Rather, it is sucking jobs out of the […]
The White House finally made it official last week: Yes, the civil war in Syria is a slippery slope and yes the US is on it. Nobody in the Obama administration actually used those words, of course, but if you paid attention to what officials said, it was clear that President Barack Obama has reluctantly […]
George W. Bush’s low standing among academics reflects, in part, the rise of partisan scholarship: the use of history as ideology and as a political weapon, which means the corruption of history as history. Bush may not have been a great president; he may even be considered an average or below-average president, but he and […]
Cyberspace matters. We know this because governments and militaries around the world are scrambling to control the digital space even as they slash defense spending in other areas, rapidly building up cyber forces with which to defend their own virtual territories and attack those of their rivals. Read Here – The Diplomat
Is China, under its new president, Xi Jinping, undertaking its own diplomatic pivot, parallel to the United States’ “pivot to Asia”? Xi’s first significant international initiatives – making Russia his first official visit abroad, followed immediately by his attendance at the BRICS summit in South Africa – suggest that China may be seeking to place […]
Most observers are gloomy about the prospects for serious economic reform in China. But they ignore a central lesson of recent Chinese history: reform is possible when the right mix of conditions comes together at the right time. And the very circumstances that facilitated the last major burst of economic reform in the 1990s are […]
Much is already known about the lies, deceptions, and institutional failures which made the invasion of Iraq possible, and detail has emerged about the effect on the Iraqi population of the invaders’ chemical weapons and depleted-uranium ammunition. Yet the central assemblies of the two countries which led the invasion bear the heaviest responsibility. They failed […]
The man at the helm in North Korea today is an accident of history, surrounded by vestigial assertions of narcissistic genius that are de rigueur for North Korea’s depiction of its own leaders. More than any time since the young Kim Il-song was surrounded by Soviet generals in the 1940s, the North Korean leader today […]
looking beyond borders 