Analysis


Is Economic Development the Key to Mideast Peace?

At a workshop this week in Bahrain, White House Senior Adviser Jared Kushner presented an ambitious economic-development initiative for the Palestinian people. The Trump administration’s hope is that its Peace to Prosperity proposal will untie the Gordian knot of the Israeli-Palestinian conflict,..

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Istanbul Shows How Democracy Is Won Tuesday, June 25th, 2019

When the Turkish High Election Council, dominated by President Recep Tayyip Erdoğan’s appointees, annulled Istanbul’s all-important municipal election on May 6, the world was right to be concerned. But now that another vote has been held, it is Erdoğan who should be worried. This year’s..

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What Carrie Lam Should Do Next

I do not know Carrie Lam, Hong Kong’s embattled chief executive, very well. She worked for my administration when I was governor there. Diligent and well regarded – and Catholic, like many others in the then-colony’s civil service – she had been educated at Hong Kong University and at..

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Will the $5 trillion economy be possible for India by 2024? Monday, June 24th, 2019

After receiving massive mandate in recent parliament election and getting second term as Prime Minister of India, Mr. Narendra Modi with his characteristic courage of conviction and confidence and with his capability to think beyond the present time , has fixed the target of 5 trillion US$ economy..

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Trump’s Art of the Spin

Blinded by a surging stock market and a 50-year low in the unemployment rate, few dare to challenge the wisdom of US economic policy. Instant gratification has compromised the rigor of objective and disciplined analysis. Big mistake. The toxic combination of ill-timed fiscal stimulus, aggressive..

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An analysis of Hindu civilization: Women of Kaliyug Friday, June 21st, 2019

In Hinduism, Kaliyuga  is believed to be the last stage of the world cycle of the “Yugas” or age. Other ages preceding kaliyugas were Satya Yuga, Treta Yuga  Dwapara Yuga in chronological order. According to Hindu belief, these three Yugas are considered to be based on Truth, Love, Peace and..

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Expansions Don’t Die of Old Age

The US economy has entered its 11th year of uninterrupted expansion, breaking the previous record for the longest period of growth in American history without a recession. But far from celebrating, many economists conclude from this unprecedented performance that a recession is now overdue, if not..

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The Coming Sino-American Bust-Up

The nascent Sino-American cold war is the key source of uncertainty in today’s global economy. How the conflict plays out will affect consumer and asset markets of all kinds, as well as the trajectory of inflation, monetary policy, and fiscal conditions around the world. Escalation of the..

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American Power Without Wisdom Thursday, June 20th, 2019

In Greek mythology, it was prophesied that Zeus’s first wife Metis, the goddess of wisdom, would bear a son who, equipped with his mother’s cunning and his father’s power, would eventually overthrow the king of the gods. To protect his position, Zeus swallowed the pregnant Metis whole. The..

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Facebook’s Libra Must Be Stopped

Facebook has just unveiled its latest bid for world domination: Libra, a cryptocurrency designed to function as private money anywhere on the planet. In preparing the venture, Facebook CEO Mark Zuckerberg has been in negotiations with central banks, regulators, and 27 partner companies, each of..

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The Lost Spirit of the G20 Wednesday, June 19th, 2019

On June 28-29, Japan will host its first G20 summit. The initial gathering of G20 leaders, back in November 2008, took place amid the turmoil that wracked global financial markets following the collapse of Lehman Brothers. It produced a clear statement: “We underscore the critical importance of..

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Don’t Feed the Donald

What do French President Emmanuel Macron and Japanese Prime Minister Shinzo Abe have in common? For one thing, they both believe that, by stroking US President Donald Trump’s fragile ego, they can coax him into maintaining the traditional alliances that he has proved all too willing to abandon...

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Europe Must Answer the Climate Call Tuesday, June 18th, 2019

In early 2015, the European Union became the first major economy to set a post-2020 target for limiting greenhouse-gas (GHG) emissions. By committing to reducing emissions to at least 40% below 1990 levels by 2030, the EU initiated a global movement that culminated in the adoption of the Paris..

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Economic Lessons From Everest

Like many others, I was shocked by recent images showing the size of the queue that formed in May to scale Mount Everest, the world’s highest peak, from the Nepalese side. The idea that delays caused by overcrowding may be partly to blame for some of the 11 reported deaths on the mountain during..

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Is Immigrant-Bashing a Vote Winner for the Left? Monday, June 17th, 2019

Is a hardline position on immigration the key to electoral success for Europe’s beleaguered center left? Denmark’s Social Democrats certainly think so. They took first place in a general election this month after arguing that immigrants threaten the country’s social cohesion and generous..

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The World Is Running Out of Time

In 2015, the international community launched a renewed effort to tackle collective global challenges under the auspices of the United Nations Sustainable Development Agenda and the Framework Convention on Climate Change (COP21). But after an initial flurry of interest, the progress that has been..

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WILL CHINA MEND IT’S WAYS AFTER HONG KONG PROTESTS ? Sunday, June 16th, 2019

The massive street march and peaceful protests by the Hong Kong citizens against the extradition law must have rattled the Chinese government, which has quickly suspended the enactment of the law. But, the citizens of Hong Kong do not seem to believe the Chinese government and have insisted that..

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The American Century’s Last Man Friday, June 14th, 2019

For those of us who were blessed – some might say cursed – to have spent important parts of our careers with Richard Holbrooke, the journalist George Packer’s masterful biography of the American diplomat had to clear a high bar. I, for one, opened Our Man with a sense of dread as to what..

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How China Can Reach its Centennial Goal Monday, October 14th, 2019

Two years ago, Chinese President Xi Jinping declared that by the time the People’s Republic celebrates its centenary in 2049, it should be a “great modern socialist..

The Insanity of Austerity Sunday, October 13th, 2019

Significant protest by Tibetans at Chennai Saturday, October 12th, 2019

Europe Needs a Serious Nuclear-Energy Debate Saturday, October 12th, 2019

The Climate Kids Are Right Friday, October 11th, 2019