The U.S.-China relationship, which has wavered between cooperation and competition, has, over the past few years, veered more sharply towards confrontation – possibly because of China’s own more assertive stance. Now, Beijing’s confidence is under test, not only by these fractious relations, but also COVID-19 and an economic slowdown. Will these factors reveal its weaknesses?
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The Millennium Development Goals are set to expire at the end of 2015. The time is near for world leaders to make some hard choices, to decide on new targets which will offer the greatest returns on investment
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
The collective GDP of countries in sub-Saharan Africa has grown at an average of 5% per annum since 2000, and is expected to grow faster in the future. Will the recent political reforms give the region a chance to sustain this boom in the coming years?
There’s been much talk about the “the rise of the rest,” with Brazil, Russia, India, and China leading the charge. However, few countries can sustain unusually fast growth for a decade, and even fewer, for more than that. As the boom years begin to end, the international order won’t change as much as expected.
Jeffrey D. Sachs argues that the mono-causal analysis of the book, 'Why Nations Fail,’ – that economic development hinges on a country’s political institutions – ignores important factors (such as geography) that can also affect growth.
As Indonesia hosts a number of high-level summits this year, it looks set to take its place among the world’s economic superstars. But celebrations are premature: although Indonesia has made great strides, its gains are reversible. To continue to prosper, Jakarta must address rampant corruption and poor governance
What are the implications of the political unrest in the Middle East and North Africa on the global oil market?
The world’s leading international institutions may be outmoded, but Brazil, China, India, and South Africa are not ready to join the helm. Their shaky commitment to democracy, human rights, nuclear nonproliferation, and environmental protection would only weaken the international system’s core values.