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From War to Tug-of-War: The Global Fight for Connectivity
Today's superpowers thrive on economic supply chains, not military might.Parag KhannaIt wasn’t long after the collapse of the Soviet Union that American defense strategists had identified the new World...
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Top 5 Reasons Congress Should Reject Obama’s Climate Change Treaty
This is nothing but a bad deal for Americans. Nicolas LorisSecretary of State John Kerry will join leaders from around the world to sign the Paris Protocol global warming agreement this Friday at the...
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How Cheap Oil is Changing the Gulf
Oil-rich countries like Saudi Arabia are choosing guns over butter.Daniel BenaimAs President Obama prepares to travel to Saudi Arabia for a regional summit, several of the rulers he will meet are...
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Will Chinese 'Panda Bonds' Spread in Sub-Saharan Africa?
The past two years were the most active in the history of sub-Saharan Africa’s sovereign bond issuances.Allen GraneIn early April, South Africa issued its first sovereign bond in over two years. The...
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Centrally Planned Energy: Bad for the Economy, Bad for the Environment
Obama's climate policy wrecked coal, and his renewable subsidies hurt efforts to replace it.Jason Scott JohnstonOn Earth Day, the United States will sign the Paris Climate agreement. In terms of the...
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$15 Minimum Wages Would Be the Highest in the World
And an economic wrecking ball? Kristiana MorkLeaders in New York and California signed legislation earlier this month that will raise the states’ minimum wages to $15 an hour, a rate higher than any...
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Demographics: India's Greatest Economic Advantage (And Weakness)
Why New Delhi must take advantage of a key area of economic power. Mark FabianOne of India’s most promising economic features is its large working-age population. Yet if India doesn’t find jobs for its...
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This Is What Happened When Kansas Required Work for Food Stamps
Providing assistance to help those in need does not have to be a one-way handoutRachel SheffieldElmore WallaceAbraham Lincoln once said, “No country can sustain, in idleness, more than a small...
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A Warning: What UnitedHealthcare’s Decision to Ditch Obamacare Means
Another nail in the coffin for Obama's biggest domestic 'achievement'? Melissa QuinnIn the wake of UnitedHealthcare’s decision to exit Obamacare’s marketplaces in 2017, consumers purchasing coverage on...
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The Fed's Critical Global Mandate
The usually opaque Federal Reserve has an intelligible approach to economic risks emanating from beyond America's shores.Samuel RinesThe Fed’s reaction to “global uncertainties” seems to have gone far...
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Mismanagement Is Killing Iraq
Forget corruption. Waste, inefficiency and economic distortion have brought Baghdad to the brink.Luay al-KhatteebEver since Stuart Bowen led the first attempt to account for Iraqi reconstruction funds...
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2017: The Year of the Obamacare 'Death Spiral'?
It could happen. Here's why: Jean MorrowUnitedHealthcare’s decision to not offer Affordable Care Act exchange plans next year in “at least 26 of the 34 states where it sold 2016 coverage” may soon be...
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Putin’s New Eastward Pivot
The Russian state is a poor manager of the depressed and heavily militarized economy of this region.Pavel K. BaevOver the past several years, whenever Moscow entered into a difficult encounter on the...
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Trump's Foreign Policy: A View from Israel
Our own history offers lessons for his proposals.Yitzhak KleinA foreign-policy statement by a likely presidential candidate is worthy of note. The opinions of foreigners, whether in praise or...
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China Will Probably Implode
From politics to the economy to the environment, the end may be near.Peter NavarroIn July of 2001, Gordon Chang predicted an inevitable meltdown of the Chinese Communist Party in his best-selling book...
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The Fed Faces Its 'Anti-Volcker Moment'
Volcker's Federal Reserve had to fight high inflation expectations as much as high inflation. Rate-raisers face a mirror image of that challenge today.Samuel RinesCentral Banks are frightened—and with...
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Banks, Not Tanks: Using Money as a Geopolitical Tool
Economic power can help secure America's interests.Nikolas K. GvosdevIn my last article, I noted that the tendency to define U.S. power as the ability to deploy military force was running up against...
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The Most Overlooked Story from North Korea’s Party Congress
Strategic patience is failing.Harry H. SaNorth Korea’s Party Congress concluded after four days of nonstop drama. It’s everything we hoped for, and more: secrecy, pomp, nuclear weapons, and even the...
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Iran's Unstoppable March Toward Dominance
Tehran's "moment" was coming long before the nuclear deal.Mohammed NuruzzamanIn late June 2013 the Economistunderscored the need for stripping Iran of its nuclear program “to stem the rise of Persian...
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Japan's Greatest Challenge (And It's Not China): Massive Population Decline
What will Tokyo do? Shiro ArmstrongJapan’s population is ageing and shrinking.The population of Japan peaked in 2008 at 128 million. With the fertility rate — or births per woman — falling below 1.5 at...
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