In The News

Iranians – frustrated by a flailing economy, compounded by rigid policies of a theocratic government and sanctions from the West that target the country’s nuclear program – expect reforms from President Hassan Rouhani. Iran confronts challenges that, if left unaddressed, will bring severe consequences at home and abroad, warns Jamsheed K. Choksy, professor of Iranian Studies at Indiana University...

Foreign investors and governments must prepare to deal with China's new economic goals. Under new leaders, China is shifting toward a stable consumer-led growth model, away from production and rapid growth, writes Stephen S. Roach, Yale professor, author and former chairman of Morgan Stanley Asia. New policies emphasize discipline in politics and finance. Also, the country’s service sector...

China, with double-digit growth in recent years, could be on track to becoming the world’s largest economy. But rising wages, possible real estate bubble and tight credit may hamper growth. The nation’s big customers, the US and the EU, have their own debt issues, and the domestic market cannot match their spending. Foreign and even Chinese investors worry about an authoritarian system that can...