Gazelles and turtles
[2010-08-27 10:24]The western world is experiencing a process of portfolio rebalancing, reversing the golbal ranking of growth rates. Former champions are now limping around the track; former turtles are sprinting like gazelles.
China needs a service-sector revolution
[2010-08-25 14:48]China will have to move away from a strategy in which manufactures are the engine of growth toward the model of a more mature economy, in which employment is increasingly concentrated in the service sector.
Who's afraid of climate change?
[2010-08-25 16:11]Fear may be a great motivator in the short term, but it is a terrible basis for making smart decisions about a complicated problem that demands our full intelligence for a long period, like global warming.
The dollar and the dragon
[2010-08-24 07:31]The G-20 is focusing on the need to "re-balance" financial flows, altering the old pattern of US deficits matching Chinese surpluses, instead requiring America increasing its savings and China increasing domestic consumption.
The UN to the rescue on climate change
[2010-08-23 17:22]The United Nations' General Assembly is the world's only body in which all countries vote, with majority rule prevailing.
Good policies for great countries
[2010-08-24 09:12]While the US remains the world's most powerful single country, it cannot maintain, much less expand, international peace and prosperity on its own.
Mexico's war of choice
[2010-08-24 11:27]Three years after Mexico's full-scale war on drugs, the main question was whether the US was to blame for Mexico's drug war. I pointed out that neither the US nor Mexico was to blame; only President Felipe Calderón was.
Farewell to the shadow shoguns
[2010-08-24 08:23]Abrupt changes of prime minister are practically an annual event in Japan nowadays, as Hatoyama's resignation marks the fourth sudden transfer of power to a new leader in the past four years.
The future of Internet search
[2010-08-23 16:27]Imagine that Googling an address gave you a list of the closest buildings, ranked by distance. That is beginning to change. The online world has turned its attention from searching to social networking, search is getting interesting again.
The Gulf War at 20
[2010-08-24 10:34]Judging by Iraqi politicians' inability to form a new government months after national elections, their failure to provide essential services, and, above all, the continuing deadly violence, nation-building in Iraq is far from complete.
Can we regulate systemic risk?
[2010-08-23 11:23]In the past two years, two dangerous episodes of financial instability and sudden changes in market dynamics have hit the world economy. More are likely, such as the sovereign debt and the structure of global demand.
Latin America's calm before the storm
[2010-08-24 11:04]The perpetual seesaw in Latin American geo-politics is more vibrant than ever. Sooner or later, this will constitute a major challenge to the hemispheric community.
