The financialization of the global economy produced the worst financial crisis since the Great Depression. The new arrangements which came into effect due to globalization, came with risks that the hyperglobalists did not foresee, although economic theory could have predicted the downside to globalization just as well as it did the upside.
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Although China does not want to usurp the United States’ position as the leader of a global order, its actual aim is nearly as consequential. As one Chinese official put it, “Being a great power means you get to do what you want, and no one can say anything about it.” In other words, China is trying to displace, rather than replace, the United States.
Experts estimate the likelihood of a U.S.-Chinese nuclear crisis as “somewhere between nil and zero.” This assurance is misguided. The United States' signature approach to conventional warfare would be a potential recipe for nuclear escalation.
The immediate threat is more corrosive than explosive. States are using the tools of cyberwarfare to undermine the very foundation of the Internet: trust. The result is that an arena that the world relies on for economic and informational exchange has turned into an active battlefield.
Brazil has rarely had it so bad. The country’s economy has collapsed: since 2013, its unemployment rate has nearly doubled, to more than 11 percent, and last year its GDP shrank by 3.8 percent, the largest contraction in a quarter century.
Prime Minister Modi's prompt acceptance of President Obama's invitation to meet him in Washington shows his clear intent to jump-start India-U.S. relations which gives Obama a unique opportunity to reciprocate
The U.S.'s energy boom will fuel the country’s economic revival and give it greater diplomatic freedom and influence. But it has geopolitical implications for countries across the world
When the average growth rate in emerging markets hit over seven percent a year in the last decade, forecasters hyped its implications. Today, more than five years after the financial crisis of 2008, the euphoria seems to have waned
Mexico’s recent political and energy reforms, globally competitive manufacturing sectors, growing trade links with the U.S. and other trade alliances can spur the country forward in the years to come
The U.S. needs rethink its tendency to blindly follow the 'COIN' doctrine.