Analysis


COVID-19 is the IMF’s Chance for Redemption Thursday, April 9th, 2020

The COVID-19 pandemic has thrust the entire world – rich and poor – into uncharted territory, prompting extraordinary policy responses almost everywhere. The looming economic fallout will be more severe than that of the Great Depression, the 2008 global financial crisis, and perhaps even the..

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A Global COVID-19 Exit Strategy

The world that emerges from the coronavirus pandemic may be a warring collection of countries that are more closed off and nationalistic than before. But without rapid and effective global cooperation, the world may not exit this crisis safely at all. For now at least, heavy-handed nationalist..

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The Real Economic Fallout of COVID-19 Wednesday, April 8th, 2020

We currently face a tradeoff between social triage and economic collapse. That is because much economic activity involves physical interactions among people, including in the retail trade, restaurants, tourism, live entertainment, and most forms of office work. With social distancing being..

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Lessons from Crises Past

The unprecedented shutdown of much of the US economy that has been ordered by federal, state, and local governments is understandable given the need to slow the coronavirus’s spread. Too often, however, well-intentioned and often long-lasting government interventions prevent markets from working..

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NEED CAUTION WHILE SOURCING COVID EQUIPMENT FROM CHINA Tuesday, April 7th, 2020

While it is a fact that COVID 19 originated in China , it could not have been restricted only to Wuhan region. Certainly, it should have spread to other parts of China atleast to some extent, until Government of China woke up to the seriousness of the issue. The official records in China say that..

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Banal Terrors: Pandemics and the Ordinary Business of War

The twaddle of framing the confrontation of the coronavirus as a “war” has proven to be a cheapening, misguided exercise. France’s president Emmanuel Macron has deemed COVID-19 the “invisible, elusive enemy”, making it sound like an adept guerrilla specialising in sneak attacks. China’s..

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Now or Never for Global Leadership on COVID-19

This week, leaders from medicine, economics, politics, and civil society are uniting to demand immediate and coordinated international action – in the next few days – to mobilize the resources needed to address the COVID-19 crisis, prevent the current health catastrophe from becoming one of the..

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COVID 19 CRISIS – LET NOT AMERICA LOSE IT’S CONFIDENCE Monday, April 6th, 2020

COVID 19 has turned the world upside down in just three months. While the world community remain shell shocked and governments are grappling with the problems, the particular reason for severely upsetting the confidence amongst the world community to this extent is the widespread infection, large..

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Internationalizing the Crisis

As it spread from one country to another, the novel coronavirus paid no attention to national frontiers or “big, beautiful” border walls. Nor were the ensuing economic effects contained. As has been obvious since the outset, the COVID-19 pandemic is a global problem that demands a global..

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Coronavirus Socialism for the Wealthy Sunday, April 5th, 2020

When capitalism screeches to a halt and starts its old business of killing off the adventurous but weakened, the enterprising but foolish, those who initially benefited, shed tears. Losses mount, accountants tally up current and future losses. Huge profits somehow do not matter now, as the..

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University Bailouts, Funding and Coronavirus

In a set of stable circumstances, funding higher education should be a matter of automatic persuasion. If you want an educated populace, the tax payer should muck in. In some countries, however, this venture is uneven. In the United Kingdom, the system remains divided, an echo of class..

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How Democracies Can Beat the Pandemic Saturday, April 4th, 2020

Europe is experiencing one of its worst crises since World War II. In response to the COVID-19 pandemic, its countries should turn to a classic democratictool for dealing with existential challenges: national unity governments supported by broad parliamentary coalitions. As it stands, many..

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What Trump Needs To Say Friday, April 3rd, 2020

Recently, a reporter at the daily White House coronavirus briefing asked US President Donald Trump what he would say to his fearful fellow citizens. Here is what America still needs to hear from its leader. “My fellow citizens, this is a terrible time for our country and for the world. We are..

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Witnessing Wuhan

Dr. Li, a heart specialist at Wuhan No. 4 Hospital, spent the third week of March preparing for the reopening of the hospital’s general clinics, which closed on January 22, when No. 4 became a key facility for treating COVID-19 patients. After working for two months on the front lines of the..

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Dangerous Gifts: Coronavirus and Trump’s Sanctions Regime Thursday, April 2nd, 2020

The global effort to combat the coronavirus pandemic has been one of stutters and staggers. There are go-it-alone instances of severity, and cases of blasé indifference. State ministers and leaders have not escaped the chance to demonise and point accusing fingers. Each crisis will garner its..

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The Trump Presidency Turns Deadly

For the first three years of his administration, US President Donald Trump focused on consolidating power. And yet, as the United States approached its greatest domestic peril in a century, he refused to use that power. Instead, as a deadly coronavirus was poised to invade the country, the..

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OVID 19–LET NOT CHINA LIFT LOCKDOWN IN HOTSPOTS Wednesday, April 1st, 2020

It is now recognized all over the world that COVID 19 originated from Wuhan region in China and China did not forewarn the world in right time about what is now known as China virus disaster. While the world is suffering due to the spread of virus enormously, China now claims that it has..

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The Priority for the Social-Distancing Period

The coronavirus has a chokehold on the global economy. Like many friends and colleagues in China, I, too, have been locked down, along with the rest of Italy. Many of my fellow citizens in the United States are now in the same situation; others around the world will follow suit soon..

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Why America Is Losing to COVID-19 Tuesday, March 31st, 2020

Kentucky Senator Rand Paul’s behavior over the past two weeks is exactly what’s wrong with America’s response to COVID-19. Paul has a compromised lung, so he decided that he should be tested for the disease out of an abundance of caution. From the time of his test until he was confirmed..

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The Spirit of Milan

The headlines are horrifying. Shortages of vital equipment forcing doctors to make battlefield decisions about who lives and who dies. Long lines of sick people waiting in vain for a test or a hospital bed. Empty businesses, stores, bars, and restaurants bringing local economies the world over to a..

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IS NEPAL FALLING INTO CHINA’S TRAP ? Tuesday, June 2nd, 2020

The news that Government of Nepal has unilaterally altered the border map with India has shocked many people, particularly in India, who wonder why Nepal government has..