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The IMF, the World Bank, and the World Trade Organization are now in rapid and unmistakable decline, which can only be reversed by a major shift in approach by their political masters.
Syria, Ukraine, Gaza, Iraq, ISIS, Ebola—the list of this past summer’s disasters is long. But buried among the tragic headlines and breaking news are other events that attracted less attention but could be just as consequential for global affairs.
Chinese President Xi is trying to persuade Indian Prime Minister Modi to support China’s Southern Silk Road initiative.
The EU and Ukraine have suspended provisional application of the Deep and Comprehensive Free Trade Agreement (DCFTA) until the end of 2015. Though their decision might look like Putin’s victory, this conclusion is not obvious. It is high time to stop viewing Ukraine through the prism of Russia policy.
Policies that affect the savings rate of a small country can have more-or-less predictable domestic impacts because the global economy is so large that domestic policies are not affected by external constraints. But with a large economy, the analysis changes.
When countries export raw materials, as Russia does, they do not need to worry about their relationships with other countries because their products are easily marketable everywhere.
Xi Jinping’s ten-day July 2014 trip to Latin America constitutes an important milestone in the development of China-Latin America relations.
The only possible source of money for the Power of Siberia pipeline is no one else but China, and the terms of this assistance will be dictated from Beijing. The Kremlin’s inability to come to terms with the Western world does not come cheap.
Asian investors present both a challenge to and an opportunity for local industries, and southeast African countries need a clear vision and tailored policies to make the most of the opportunities.
Russia’s efforts to find an acceptable place for itself in the U.S.-led Western system have ended in a bitter disappointment. The changing trading patterns point to a new era in Moscow’s foreign relations, in which Sino-Russian relations will be taking center stage.
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