The Rise and Fall of America’s New Silk Road Strategy

The Rise and Fall of America’s New Silk Road Strategy

  photo: Jonathan Kos-Read Introduction On the eve of Beijing’s May 2017 Summit on its New Silk Road strategy and plans, historians may well ask how China was able to turn the tables on America in Eurasia. Just six years ago, Eurasian strategists were bullish on America’s New Silk Road strategy and plans. That perception was […]

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, […]

Why President Trump Should Pursue Shared Prosperity in the World

Why President Trump Should Pursue Shared Prosperity in the World

  photo: Gage Skidmore Introduction. President Trump is not sure what he wants when it comes to America’s global economic strategy. On the one hand, he has been heavily involved with international trade and finance as a businessman and he hired lots of Goldman Sachs international financiers for his administration. On the other hand, he rallies […]

Inaction on Healthcare Prices is the Fatal Flaw that Dooms the ACHA to Failure

Inaction on Healthcare Prices is the Fatal Flaw that Dooms the ACHA to Failure

photo: Tax Credits Republican reformers have repeatedly promised affordable healthcare for all Americans — doubly affordable, in fact. They promise to put premiums and out-of-pocket costs within reach of low- and middle-income consumers, and at the same time, that the plan will be affordable to the federal budget, even given the constraints their most conservative members […]

Do Country Ties of Credit Rating Agencies Matter in the Sovereign Rating Process?

Do Country Ties of Credit Rating Agencies Matter in the Sovereign Rating Process?

Worse ratings by U.S. rating agencies for European sovereigns no argument for European rating agency The predominant Credit Rating Agencies (CRAs) Moody’s Investor Services (Moody’s), Standard and Poor’s (S&P), and Fitch Ratings (Fitch) have been criticized by leading European politicians for taking an anti-European perspective during the European sovereign debt crisis. At the same time, […]

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 […]

Will Sovereign Wealth Funds Go Green?

Will Sovereign Wealth Funds Go Green?

Source Sovereign Wealth Funds (SWFs) currently have a very limited role in climate finance and green investment, reportedly below the average for institutional investors. According to the Asset Owners Disclosure Project (AODP), which evaluates institutional investors on the basis of their low-carbon performance, five of the 10 lowest-rated large investment funds were SWFs. However, the […]

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