China must not only reform its income tax system, but also enact policies to increase labor wages, redistribute wealth, and fight corruption if it is to significantly reduce income inequality.
By relying on low-interest loans to catalyze economic growth, China’s growth model resembles that of a huge development bank. While this approach has been successful so far, it remains to be seen whether it can be sustained.
When popular protests occur in China, Beijing’s official response is shaped by a number of factors, including the level of organization of the protesters, the media coverage the protests receive, the demands the protesters make, and the location of the protests.
Twenty years after Russia cast off its Soviet economic model, its central bank is still struggling to keep inflation under control. To moderate price increases, the central bank must clarify its approach to monetary policy.
The transformation of the Columbian city of Medellín offers an example to Mexico of how a government engaged in a drug war can bolster its legitimacy and gain greater public support.
In order to reduce rural-urban inequality and prevent widespread unrest, China needs to invest its citizens with greater mobility and property rights by reforming its system for household registration.
There are no simple solutions to the violence plaguing Mexico, but unless Mexican leaders of all parties and social sectors realize that it is everyone’s problem—and not just the president’s—violence will continue to be the beleaguered country's main story.
Though global food prices have now passed the record highs reached in 2008, important differences between the two surges have prevented today’s crisis from having as severe of an impact on the world’s most vulnerable populations.
If China is able to rebalance its economy by increasing consumption and thus reducing its trade surplus, the United States would benefit from the decline in its trade deficit with China.
Although an increase in China's domestic consumption as a share of its GDP will cause its current account surplus to decline as it buys fewer U.S. government bonds, this will not necessarily be a bad thing for the U.S. economy.























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