The Vienna Deal: Only Temporary Relief in Oil Markets

The Vienna Deal: Only Temporary Relief in Oil Markets

photo: Global Panorama The Vienna agreement among OPEC and non-OPEC oil producers will extend oil cuts by nine months. After the deal, oil price plummeted by about 5 percent. Far more is needed to subdue new economic uncertainty and market volatility. Among the oil insiders, the decision to extend oil production cuts was seen as a […]

Buying American, Losing America

Buying American, Losing America

photo: Kenny Cole     Recently, President Trump signed his “Buy American, Hire American” executive order. Ironically, while the stated goal is to put “America First,” the White House may actually subsidize old industries and undermine innovation. Recently, President Trump traveled to Wisconsin to sign the “Buy American, Hire American” executive order, which seeks to crack […]

The Paradoxical Rivalry of US and China for Industrial Innovation

The Paradoxical Rivalry of US and China for Industrial Innovation

photo: Jonathan Taglione By the early 2020s, rivalry for industrial innovation will accelerate between the U.S. and China. Ironically, the Trump White House has opted for a poor-economy industrial policy, whereas China has a rich-economy policy. The former seeks past glory; the latter cannot wait to get to the future. According to the Trump administration, […]

China’s Rise in Global Robotics: Toward Consolidation

China’s Rise in Global Robotics: Toward Consolidation

photo: Tecnalia Chinese robotics is positioned for leadership in global robotics, as the emerging industry is moving toward increasing rivalry and consolidation. In the new and emerging industry, the rise of innovative robotics startups heralds the future. In 2016, almost 130 companies were funded by venture capital, including China-based RooBo, Israeli Roboteam, and German ReActive Robotics. […]

Return of Sovereign France- Europe’s Changing Landscape

Return of Sovereign France- Europe’s Changing Landscape

photo: Nathan Hughes Hamilton  In France, President Hollande’s utter failure to foster broad consensus for structural reforms has paved the way for a contested election. While public debate focuses on Emmanuel Macron as the savior of France, the real story is that Marine Le Pen’s agenda has shifted the French political landscape. Before TV debates, the […]

Le Pen-ization of France: Europe’s Changing Landscape

Le Pen-ization of France: Europe’s Changing Landscape

photo: Dennis Jarvis In France, President Hollande’s utter failure to foster broad consensus for structural reforms has paved the way for the most contested election in decades. While public debate focuses on the 2nd round winner, the real story is that Marine Le Pen’s agenda has already shifted the French political landscape. In recent polls, the […]

Accelerating Reform Execution in China

Accelerating Reform Execution in China

photo: Thomas Depenbusch After political consolidation, China is ready to begin a broader implementation of structural reforms. That is vital to double per capita income in 2010-20. After President Xi assumed office in fall 2012, Chinese leadership has steadily moved toward more comprehensive structural reforms. As evidenced by the recent Two Sessions in Beijing, these reforms […]

The Rise and Decline of Four Little Dragons

The Rise and Decline of Four Little Dragons

photo: Rolf Venema After a stunning growth performance, all four dragons are slowing and aging. In the absence of drastic policy changes, they are facing relative stagnation, says Dan Steinbock. In The Four Little Dragons (1992), U.S. academic Ezra Vogel argued that the four little dragons—Taiwan, South Korea, Hong Kong, and Singapore—were the newly-industrialized economies, which […]

The Philippines “BRIC” Effort

The Philippines “BRIC” Effort

photo: GovernmentZA While the Obama White House prepared plans for regime change in the Philippines, President Trump is working on an assertive strategy in Asia. Meanwhile, President Duterte is accelerating the country’s economic growth – dramatically. After the election triumph of President Rodrigo Duterte, the Philippines has initiated a series of economic reforms to accelerate […]

Trumping World Trade

Trumping World Trade

After the inauguration, President Trump has begun to reset the White House trade policies. But the consequences of “America First” stance in world trade are wrought with threats. Recently, President Xi Jinping gave a strong speech about the need for more inclusive globalization at Davos. World trade is a case in point. In 2015, world […]

1 2 3 26