The idea of a universal basic income (UBI)—periodic and unconditional cash payments to all citizens—has gained renewed attention amid growing concerns about technological unemployment in advanced economies.
Sudan’s refusal to liberalize the pound’s exchange rate and ongoing battle with the black market have ignored the lessons from Egypt’s own mistakes in managing its currency.
India’s Look East policy, initially aimed at reconnecting India with Asia’s economic globalization, has since evolved into a comprehensive regional strategy with political and military dimensions. As the United States rebalances to Asia, however, India faces new dilemmas.
Renminbi usage is expanding globally, but the odds that it will become a safe-haven currency like the dollar may depend on broad institutional and political change inside China itself.
China’s actions in the South China Sea will likely have adverse consequences for the global maritime order. Such actions require a sustained and intentional response on the part of the United States.
A selection of experts answer a new question from Judy Dempsey on the foreign and security policy challenges shaping Europe’s role in the world.
Egypt’s efforts at subsidy reform provide suggestions for Tunisia and Sudan, both witnessing protests stemming in part from increased prices of staple goods.
While the European economy is much stronger and the political calendar shows fewer potential landmines, investors may not yet fully appreciate that even greater political challenges lie ahead.
Will today’s market euphoria die from a political heart attack, the excesses of greed and leverage or the cumulative effects of old age?
In most economies, GDP growth is a measure of economic output generated by the performance of the underlying economy. In China, however, Beijing sets annual GDP growth targets it expects to meet. Turning GDP growth into an economic input, rather than an output, radically changes its meaning and interpretation.