Asia’s rapid economic rise in the twenty-first century has been one of the most remarkable success stories in recent history. If Asia continues to follow its current path, by the middle of this century it could account for half of global output, trade, and ...
Imbalances within China’s economy threaten the future of its economic growth. These imbalances, which developed in the prelude to the global economic crisis, include low domestic consumption relative to GDP, an outsized industrial sector, and massive forei ...
The Burmese ruby trade generates about $500 million annually and accounts for over ninety percent of the global ruby trade. Over the past fifty years, these profits have supported the country’s military junta—leading the United States to ban Burmese rubie ...
The recent passing of Kim Jong-il, North Korea’s autocratic leader, has raised many questions regarding the stability and future of the world’s last Stalinist state. As his youngest son, Kim Jong-un, rises to take his place as appointed successor, will he ...
The Indian economy has continued to grow rapidly despite the challenges of the global slowdown. Although foreign direct investment in the country has been fluctuating, Prime Minister Singh has recently announced that the Indian economy will achieve near ei ...
Governments around the world are experiencing profound challenges to their rule. As questions mount around the political futures of regions undergoing change, Larry Diamond argues that even countries like China, one of the world’s preeminent economic and p ...
Arvind Subramanian believes that economic turmoil in the United States and Europe is helping to accelerate the rise of a new Chinese economic world order. Chinese GDP and purchasing power may soon be larger than America’s—Dr. Subramanian expects that the r ...
This summer marked twenty years since India’s economy was opened by then Finance Minister and current Prime Minister Manmohan Singh’s landmark budget, changing India’s policies from statist to market-friendly. This shift ignited the fuse for rapid growth t ...
In recent years, China’s power and influence relative to those of other great states has outpaced the expectations of even its own leaders. As a consequence, the international community has focused even more intently on assessing the motives and intentions ...
In recent years, China’s power and influence relative to those of other great states have outgrown the expectations of even its own leaders. This was exemplified by its strong reactions to the following chain of events in 2010: Washington’s decision to sel ...
