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Revaluation: A Double-Edged Sword for China

July 21, 2005
When the Chinese central bank decided today to abandon its policy of pegging the renminbi to the dollar, it took the first step towards a truly floating currency. Revaluation will have a different impact on different segments of the Chinese economy, its influence determined by both the extent to...

No Country Is Taking the 2 Degree Climate Target Seriously

October 5, 2016
Cognitive dissonance is when thoughts and attitudes do not match behaviors. Humans are nervous about climate change, but they are not changing old habits around fossil fuels. “The more you understand the brutal logic of climate change – what it could mean, the effort necessary to forestall it – the...

Forbes: Climate Change’s Threat for Children

October 11, 2018
A new UN report warns that the world will face climate change catastrophe from drought, floods, wildfires, food and water scarcity by 2030 – just 12 years from now. A growing world population also adds pressure – now standing at 7.7 billion, expected to near 10 billion in 2050 – up from 2.5 billion...

A Normal Country

March 30, 2004
In this Foreign Affairs’ essay, Andrei Shleifer and Daniel Treisman argue that the popular image in the west of Russia as a “disastrous failure” needs to be rethought. General belief holds that Russia has failed to leave its communist past behind, and as a result, has transformed itself into “a...

Turkey Can’t Afford Over-Involvement in Syria

December 17, 2012
Turkey has enjoyed enormous economic success over the past decade, and is now ranked as the world’s 16th largest economy. At the same time, the government has steered an independent foreign policy course under Prime Minister Recep Tayyip Erdoğan and Foreign Minister Ahmet Davutoğlu, maintaining...

The China Factor in Global Rice

May 31, 2013
Traces of cadmium found in Chinese rice samples are expected to boost imports. In recent years, China has been a major importer of rice despite strong domestic production. Rice expert Samarendu Mohanty offers two possible reasons in the Asia Sentinel: Foreign rice is less expensive than Chinese...

The Hub Nation

April 28, 2010
The US attracts one of the highest rates of immigrants in the world and this trend has important benefits for the country. Immigrants are tied to networks with their own countrymen, which facilitates economic growth. While modern technology allows for instantaneous global communication, it is often...

China-IBM Computer Deal Marks a New Era

April 1, 2005
The recent Chinese acquisition of the IBM PC division does not illustrate China's rise at the expense of the US. Rather, it signals a deeper shift in the information technology (IT) business, which has been changing the global economic landscape. Jean-Pierre Lehmann contends that the shift...
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