Whether the U.S. current account deficit is harmful or not to the U.S. economy depends on the assumptions we make about capital scarcity. In a world awash with excess capital and insufficient demand, the U.S. current account deficit is a drag on growth.
Russia faces bleak economic prospects for the next few years. It may be a case of managed decline in which the government appeases social and political demands by tapping the big reserves it accumulated during the boom years with oil and gas exports. But there is also a smaller possibility of a more serious economic breakdown or collapse.
In democracies stretching from Brazil to Nigeria, criminals routinely thrive at the ballot box. In India, the world’s largest democracy, as many as a third of elected politicians are under criminal indictment.
The social, political, and economic grievances—above all, the demand for human dignity and justice—that gave rise to the Arab uprisings six years ago are not going away.
Budgets can never be made in isolation without thinking of their political benefits.
While the reforms to political finance announced as part of the India’s 2017 Budget are a step in the right direction, they will do little to change the reality of non-transparent political funding.
The Carnegie Middle East Program’s wide-ranging new report, Arab Fractures: Citizens, States, and Social Contracts, argues that new political and socioeconomic models are needed to address the crisis of governance and lack of pluralism at the heart of regional disorder.
As the universal basic income discussion evolves, it is imperative that policymakers deliberate upon the research on cash transfers, the administrative muscle required to disburse benefits across the land, and the contextual factors driving the revealed preferences of the poor.
Special guests Yoichi Funabashi and Congressman Joaquin Castro joined top experts from academia, media, and the nonprofit sector to consider a broad range of political, economic, security, and social issues likely to impact Japan in 2017 and implications for the regional relationships.
The first comprehensive study of the nexus between crime and democracy in India.























Stay connected to the Global Think Tank with Carnegie's smartphone app for Android and iOS devices