Most economic and strategic experts agree that the kind of “trade war” initiated by steep tariffs leads to short‐term pain on both sides. However, in the long run, China’s deep-seated structural advantages and long-term resilience tend to tip the balance in its favor. Several factors contribute to this perspective: China’s Structural Edge: A Manufacturing Juggernaut...
In India, the word “Global South” is increasingly appearing in the news during G-20 Summit as a new identity and new slogan. But this term was coined more than half century ago referring to emerging economies and poor countries. The term Global South was first coined in 1969 by political activist Carl Oglesby. During the...
Andrew Korybko The Taliban’s political representatives recently visited China where they met with Foreign Minister Wang Yi. The Chinese diplomat said that “The Taliban in Afghanistan is a pivotal military and political force in the country, and will play an important role in the process of peace, reconciliation and reconstruction there.” He also said that...
Trump once again became the center of global attention after he published a letter to the World Health Organization’s (WHO) Director-General Dr. Tedros Adhanom Ghebreyesu on Twitter excoriating him and the organization that he represents. The timing wasn’t coincidental either since it occurred on the same day that President Xi addressed the World Health Assembly,...
The successful opening of Gwadar Port to Afghanistan lays the basis for expanding this trade network to Central Asia and Russia via N-CPEC+, which sets a positive example for how BRI-led regionalization can rejuvenate globalization after the coronavirus is finally defeated. The speculative talk about the coronavirus supposedly signaling the impending end of globalization was...
When big, convulsive economic events happen, the implications tend to take years to play out, and spiral in unpredictable directions. Who would have thought that a crisis that began with mortgage defaults in U.S. suburbs in 2007 would lead to a fiscal crisis in Greece in 2010? Or that a stock market crash in New...
Power transition is a perpetual Phenomenon. Many great empires ebbed & Flowed with the passage of time. In the 18th & 19th century’s a country land forces were a great impression of its Power .During the inter-awar period the Naval capabilities were the most important figure of Power expression. During the cold war period the...
Recommended mitigation, suppression, flattening curve and lockdown guidelines forwarded by the World Health Organization has ripped-off almost every economy till date. Just as much as the contagion is spreading globally with R naught value of 2-2.5, economic recession has been as much fast as it has been predicted by renowned economists. How long these lockdowns...
Oceans plays decisive role in any country security, economic & political outlook. Very emerging Power in the world tried their best to build formidable Naval Power to materialised it’s vast strategic interest in the world. Alfred Mayer Maham a US navel strategist once quoted “those who dominate the world oceans will dominate the world” .European...
The global economy could shrink by up to one per cent in 2020 due to the coronavirus pandemic, a reversal from the previous forecast of 2.5 per cent growth, the UN has said, warning that it may contract even further if restrictions on the economic activities are extended without adequate fiscal responses. The analysis by...