Project Syndicate
informed Summary
- Ukraine's counteroffensive needs support from Western countries to liberate Ukrainians living under Russian occupation, Anders Aslund writes in PS.
Economy4 min readinformed Summary
- In achieving a deal with the Republicans to avoid a government default, the Democrats surrendered unnecessarily both on policies and principle, James K. Galbraith writes in PS.
Politics4 min readinformed Summary
- The US Securities and Exchange Commission has filed lawsuits against Binance and Coinbase, the world's two largest cryptocurrency exchanges, accusing them of operating as unregistered securities exchanges.
Finance3 min readinformed Summary
- The world's 28 poorest countries are facing increasing social, economic and political distress due to rising debt burdens, diminishing development prospects and chronic underinvestment.
World Affairs4 min readinformed Summary
- Access to strategically important raw materials has historically been a key determinant of economic wealth and development.
World Affairs3 min readinformed Summary
- The U.S. is heading towards a presidential election with two likely candidates that don't appeal to most voters, setting the stage for further avoidable crises.
Politics4 min readinformed Summary
- China's development model, which has been seen as an alternative to the Washington Consensus, is facing increasing doubts about its sustainability as the country's economy shows signs of slowing down.
Economy4 min readinformed Summary
- Earlier this year, many predicted a global recession, but as of mid-2023, only China seems to be at risk of a prolonged economic slump. Stock markets are thriving in New York, London, Europe, and Tokyo, Koichi Hamada notes.
Economy3 min readinformed Summary
- As China faces economic slowdown, India's economy is on the rise, recently growing at a 7.8% annual rate in Q2 2023 and achieving significant milestones such as landing a spacecraft on the Moon’s south pole.
World Affairs4 min readinformed Summary
- The United Kingdom is set to host an international summit on the governance of artificial intelligence this November. The key decision that UK officials are grappling with is whether to extend an invitation to China or to keep the event exclusive to the G7 and other nations that are keen on preserving liberal democracy as the bedrock of a digital society.
Tech6 min readinformed Summary
- As an Asian democracy, India is well-positioned to capitalize on fraying relations between the U.S. and China. But the true picture is not as rosy as it might seem, argues Kaushik Basu in PS.
Economy3 min readinformed Summary
- The BRICS group (Brazil, Russia, India, China, South Africa) recently announced plans to add six more countries: Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates. However, according to PS contributor Jim O'Neill, the decision does not seem to be based on clear objectives or economic criteria.
World Affairs4 min readinformed Summary
- In response to Russia’s war in Ukraine, Poland’s populist government has embarked on a major rearmament program, Slawomir SieraKowski writes in PS. Yet very little thought seems to have gone into how to plan the country’s defense.
World Affairs4 min readinformed Summary
- In the escalating tensions between the United States and China, the spectre of a new cold war looms, with the potential flashpoint being Taiwan. Both nations are becoming increasingly paranoid about each other’s intentions, with confrontation replacing cooperation.
Politics4 min readinformed Summary
- The ruble's recent depreciation has highlighted just how much pressure the war–and the sanctions imposed in response to it–has placed on Russia’s economy, Sergei Guriev writes in PS.
Economy4 min readinformed Summary
- China's high-tech sector has flourished, despite the country's lack of rule of law and market-based finance — a situation that contradicts the widely held belief that autocracy is antithetical to innovation.
Economy8 min readinformed Summary
- The global economy has been full of surprises this year, Mohamed A. El-Erian writes in PS. Japan’s GDP growth is currently surpassing that of China, while July retail sales in the U.S. were double the consensus forecast.
Economy3 min readinformed Summary
- Over the last two years, Germany's largest far-right party, the Alternative für Deutschland (AfD), has managed to unite the country’s nationalist fringe groups under the leadership of Björn Höcke. The party is now positioning itself as a united force ready to take on government responsibilities.
Politics4 min readinformed Summary
- In 2021, the consensus was that interest rates would remain low indefinitely, with real interest rates being negative and projected to stay that way. However, the US Federal Reserve and other central banks' aggressive monetary tightening led to real interest rates moving into positive territory by late 2022.
Economy4 min readinformed Summary
- Predicting how generative artificial intelligence might affect democracy is a formidable challenge, given that its potential applications are still largely unknown and seem virtually limitless, argues Kelly Born in Project Syndicate.
Tech4 min read
