In The News

Trudeau’s Challenge: Global Climate Strategy

Terence Corcoran October 21, 2015
National leaders must respond quickly to global events and challenges. A priority for Canada is the UN climate conference that opens November 30 in Paris, suggests the Financial Post. G20 and Asia Pacific Economic Summit meetings follow in November. Voters handed a decisive win to the Liberal Party. Justin Trudeau will be sworn in as prime minister; the party holds five times the number of...

Live Longer, Consume Less: Recipe for Slow Growth

Joergen Oerstroem Moeller October 20, 2015
Global growth no longer keeps the pace of just a decade ago. Researcher Joergen Oerstroem Moeller points to behaviors that contribute to reduced consumption: Life expectancy has risen, but ages for collecting pensions have remained steady at around age 60, thus stretching out the retirement stage of life. Fearing poverty, combined with increased uncertainty over government regulations and social...

Climate Change Threatens Global Financial Crash

Paul Brown October 12, 2015
Volatile weather patterns, with severe droughts, floods and wildfires increase concern about climate change. The uncertainty contributes to a volatile stock market, and the chairman of the G20 Financial Stability Board warns that a panicked sell-off of stocks for companies reliant on fossil fuels could lead to a financial crash. Mark Carney, also governor of the Bank of England, points out that...

Can Modi Harness India’s High-Tech Diaspora?

Rupa Subramanya October 5, 2015
Prime Minister Narendra Modi has sought to use his recent trip to the United States as a platform for encouraging Indian diaspora communities to foster closer economic ties with their home country. With more than 28.5 million Indians living overseas, 4.5 million in the United States alone, the Indian government is trying to make it easier for migrants to send remittances home by treating such...

Xi-Obama Summit: Bridging the Trust Deficit in US-China Ties?

Robert A. Manning September 29, 2015
China and the United States disagree on many issues – including claims for the South China Sea, intellectual property protections, open access to the internet and free speech. Leaders of the world’s two largest economies also have reason to cooperate on global initiatives. Xi Jinping, China’s president and general secretary of the Communist Party, visited the United States, meeting US President...

Containing China’s Slowdown

Lee Jong-Wha September 23, 2015
China’s economy is slowing its fast pace of growth. This year’s rate is projected at 6.3 percent. Lee Jong-Wha, an economics professor writing for Project Syndicate, points to weak domestic activity and external demand, falling fertility rates and an aging population, competition on wages from other nations, and a struggle to make productivity gains with technology. He suggests that China has...

UN Development Goals Ignore Population Growth

Joseph Chamie September 22, 2015
Population growth is linked to conflict, water shortages and resource depletion, climate change and mass migrations. The global population is now 7.3 billion people, up from 2.5 billion in 1950, and is expected to swell to near 11 billion by the end of the century. World leaders convene this week at the United Nations and prepare to adopt new Sustainable Development Goals for 2030. The draft...