The Austerity Pandemic
Isabel Ortiz, Matthew Cummins – Most countries are cutting public expenditures – with the IMF’s support. So, even as some northern countries begin to question the austerity prescription, their southern … Continue reading
Head of the Dragon: The Rise of New Shanghai
Daniel Brook – As it did a century ago, the city’s embrace of modernity is breeding groups that will be hard to control. There is only so far the gap … Continue reading
Japan’s Secret Demographic Weapon
Bremmer and Schwab – Japan’s political leaders have three options: find some way to raise the country’s birthrate dramatically, open a long-insular society to a wave of immigrants, or finally … Continue reading
Contours of Global Order
Noam Chomsky – Contours of Global Order: Domination, Instability, and Xenophobia in a Changing World Text of lecture given at Westerkerk, Amsterdam, The Netherlands, March 13, 2011 [Contours of Global … Continue reading
Asia and the middle-income trap
A review of how per capita income has changed since 1970 relative to income in the United States tells us something about the risk of the middle-income trap in different … Continue reading