International cooperation is in decline both in the political and financial spheres. The UN has failed to address any of the major conflicts since the end of the cold war; the 2009 Copenhagen Climate Change Conference left a sour aftertaste; the World Trade Organization hasn’t concluded a major trade round since 1994. The International Monetary […]
Britain is a rich country accruing many of the stereotypical bad habits of a developing country. Read Here – The Guardian
As U.S. energy exports increase, the United States should think carefully about the kind of exporter it wants to be, promoting free trade and investment wherever possible, with no political strings attached. If it does, it could transform the world energy market and, in turn, reap vast political and economic rewards. Read Here – Foreign […]
Brazil, one of the world’s largest emerging markets, achieved a major diplomatic victory with the election this week of its candidate, Roberto Azevedo, as director-general of the World Trade Organization. In this heavily disputed election, involving 159 member countries, Brazil cashed in on a long campaign, cultivating support among the developing countries of Africa, Asia, […]
Despite 35 years of rhetoric about China being open to foreign business, and explicit promises China made on its accession to the World Trade Organization in 2001, foreign companies in practice have no right to operate in China. China’s policy makers — and no small number of its people — still maintain that it is […]
The Ministry of Commerce has quashed recent media reports speculating that China had surpassed the United States to become the world’s biggest trading nation by volume. Recent data from the world’s two largest economies show that Chinese trade in goods and services reached $3.87 trillion in 2012, according to the General Administration of Customs, while […]
In his new book, “The Great Convergence: Asia, the West and the Logic of One World,” Kishore Mahbubani, dean of the Lee Kuan Yew School of Public Policy in Singapore, at last rises to the challenge. In a way, it is no surprise that a former UN ambassador from one of the smallest countries in Asia has the largest vision. […]
The collapse of the Soviet Union in 1991 was supposed to mark both the “end of history” and the birth of an international community founded on the universal acceptance of Western values — a world in which “market democracy” was the norm. Instead, the West has suffered a litany of disappointments — from costly wars […]
The United States on Monday filed a broad trade case against China at the World Trade Organization, alleging unfair subsidies for exports of cars and auto parts. The case comes at a critical time in the United States presidential campaign, as auto manufacturing states in the upper Midwest like Michigan, Wisconsin and particularly Ohio have turned into crucial battlegrounds. But […]
A new free-trade agreement is under negotiation in the Asia-Pacific. If the talks are successful, the Trans-Pacific Strategic Economic Partnership Agreement (TPP) will bring closer together at least 11 economies in East Asia and the Americas. But it faces many hurdles, and raises broader geopolitical issues. For example, China, the world’s second-largest economy, is not part of […]
looking beyond borders 