Is This The End Of The South Korean Miracle?

Can China avoid becoming Japan? In a few decades’ time, we may be talking about how today’s up-and-coming economic superpower is starting to look like the Land of the Rising Sun and Falling Expectations. But before that, another country is first in line: the Republic of Korea. Despite differences in politics and size, China can […]

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Explaining Germany’s Infantile Crush on Obama

It’s too bad that Mitt Romney didn’t win. If the Republicans had won, we could finally have known for sure that our suspicion of America‘s imminent demise is correct. “Four more years,” translated into the German viewpoint means little more than a “four-year reprieve.” For the über-watchful among us, the signs of the downfall are […]

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Israel’s Prime Minister: Bad bets

ISRAEL‘S prime minister, Binyamin Netanyahu, suffered not one but two vicarious electoral defeats on Tuesday. Twice this week he has had to swallow hard and congratulate candidates he hoped would lose. The winners were equally cordial to him on the phone. If they enjoyed his discomfiture, they concealed it well. Politics is about interests, not […]

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China and America’s Economic Challenge

In the United States, the world’s largest economy, President Obama has secured a second term as leader of the country.  In China, the second largest economy, by this time next week new leaders will likely have been confirmed as well. In both cases, the new leaders will officially begin their terms in 2013, even if Obama has […]

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The Children Devour the Revolution

The Arab Spring that swept away dictatorships across North Africa and the Middle East in 2011 unnerved many in the Chinese leadership. Liu Yuan, one of the boldest and most ambitious generals in China’s People’s Liberation Army, was particularly shaken by what he identified as a fatal weakness of Colonel Muammar al-Qaddafi: his son. Until […]

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American Dreams, Indian Realities

After years of “estrangement,” the United States and India have transformed their relationship at a breathtaking pace since 1998, and grown it into a wide-ranging strategic partnership. The speed and scope of these changes initially led to highly positive reviews of India and its potential contributions to American interests by U.S. commentators, gushing with praise […]

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Now, Hug a Republican

LET him savour, for a day or two, a victory that many had said could not happen. No president since FDR had been re-elected with unemployment so high. The country seemed pessimistic and bitterly divided, on racial grounds even more than on economic ones. His best-known achievement, health-care reform, had turned out to be deeply […]

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