Will Hyper-Digitization Drive The Next Industrial Revolution?

Will Hyper-Digitization Drive The Next Industrial Revolution?

photo: Ronaldo Lima, Jr. The next wave of smart technologies—from the Internet of Things and wearables to robotics, and artificial intelligence—will boost worker productivity, reinvent business, and add trillions of dollars to worldwide GDP growth. Research recently conducted by Roubini ThoughtLab and Cognizant’s Center for the Future of Work estimates that these smarter technologies will turbo-boost […]

The Story of the U.S. Regime Change Plan in the Philippines

The Story of the U.S. Regime Change Plan in the Philippines

photo: Brian Evans As long-needed economic reforms are taking off in the Philippines, regime change plans have been prepared in the US State Department against a democratically-elected president who enjoys very high popular support.    During the Philippine presidential campaigns in spring 2016, U.S. Ambassador Philip Goldberg sided visibly with anti-Duterte forces, which led to several […]

The Changing Fortunes of the Renminbi and the Dollar

The Changing Fortunes of the Renminbi and the Dollar

Photo Last fall the International Monetary Fund announced that China’s currency, the renminbi, would be included in the basket of currencies that determine the value of the IMF’s reserve asset, the Special Drawing Right (SDR). The IMF’s statement appeared to confirm the rise in the status of the currency that could at some point serve as an […]

Philippines 2017 Or the Year of Living Dangerously

Philippines 2017 Or the Year of Living Dangerously

photo: Nicolas Raymond As President Duterte is rebalancing the Philippines’ economic and strategic policies, Washington is preparing plans for regime change. What the country needs is economic development, says Dan Steinbock – not geopolitical friction. After the election triumph of President Rodrigo Duterte, the Philippines has initiated a series of economic reforms to accelerate development, decentralize […]

The Trump Trade Doctrine and Bilateral Trade Balances

The Trump Trade Doctrine and Bilateral Trade Balances

photo: Gage Skidmore Trump Trade Doctrine Donald Trump campaigned against bad trade deals, and he promised to negotiate “better deals”. The exact meaning of a better trade deal for America was revealed in a document, “Scoring the Trump Economic Plan”, written by advisors Peter Navarro and Wilbur Ross. Navarro will head the new White House National […]

Getting Smart at the Sandpit

Getting Smart at the Sandpit

The large Mexican city of Guadalajara is a thriving commercial center and home to 1.5 million people. But nearly 24,000 homes in Guadalajara have only a dirt floor and lack access to indoor plumbing and sanitation services. To tackle the challenge of people living without access to basic services in a large metropolitan area, 25 […]

Why Is Gazprom’s Output on the Decline?

Why Is Gazprom’s Output on the Decline?

photo: Ricardo Cabral The monopoly is forced to adjust supplies against falling demand on the Russian and European markets. In the past year, Gazprom has set a new anti-record for gas production. Based on the results for the past 12 months, its production volume is set to 409.4 billion cubic metres in the wake of the […]

The Year Ahead: Where to Invest in 2017

The Year Ahead: Where to Invest in 2017

Source  Key takeaway – Across the globe, populism and protectionism are on the rise and macro fundamentals remain weak. In this challenging context, growth will remain subdued in 2017, hampered by sluggish investment and productivity, ever-accumulating savings and modest inflation. With the exception of the Unites States (US), developed markets (DMs) will stagnate, burdened by […]

The 2016 Globie: “Global Inequality”

The 2016 Globie: “Global Inequality”

photo: Source Each year I name a book as the “Globalization Book of the Year” (also known as the “Globie”). The selection is a recognition of its author’s contribution to our understanding of the causes and effects of globalization. There is no money attached to the prize—recognition is the sole reward. Recent winners can be […]

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