In The News

On the surface, China’s fast-growing economy looks superb. However, growing income inequality and the massive inflow of foreign funds can pose problems that often go unrecognized. International economics professor Gustav Ranis categorizes China’s economic problems as a type of “Dutch Disease,” a phenomenon when rapid growth in one export can lead to pockets of excessive wealth, weakening of other...

Throughout the history of the world, cities have lured people for both cooperation and competition. Megacities of the modern era such as Bombay not only symbolize dreams and dashed hopes, they also pose an array of consequences for the interconnected world. The paradoxes are many, with disaster making way for renewal and today’s sacrifices and long-term planning delivering future promise, writes...

It takes decades for a tree to mature – and only a few moments to chop that tree down. The World Bank reports that deforestation accounts for about 20 percent of global carbon emissions, mainly from setting fires to clear land. As plants, trees absorb carbon dioxide and release oxygen, and thus help clear the air of pollutants. Indonesia, a nation with a relatively small economy, is the third...