Tag - global-economy

 
 

GLOBAL ECONOMY

NATO’s Jens Stoltenberg (left) and the U.S. Secretary of State Antony Blinken during a news conference in Washington on Jan. 29
WORLD / Politics
Apr 9, 2024
World rush to rearm could cost G7 countries $10 trillion over next decade
Security challenges include an aggressive Russia, a volatile Middle East, and the Chinese military tugging U.S. attention toward the Pacific.
China’s greenhouse footprint can be boiled down to three factors: its economic growth, the energy intensity of that growth and the carbon intensity of that energy.
COMMENTARY / World
Mar 7, 2024
China’s growth ambitions will erase the world’s climate gains
Global greenhouse pollution hit a record and increased 1.1% last year, the International Energy Agency reported. That was almost entirely a China story.
U.S. Treasury Secretary Janet Yellen meets Chinese Premier Li Qiang at the Great Hall of the People in Beijing on Sunday.
BUSINESS / Economy
Apr 7, 2024
Yellen and Li express hope for U.S.-China cooperation
The U.S.-China relationship can only move forward with direct and open communication, Treasury chief Janet Yellen told Premier Li Qiang.
Developing nations feel that international trade rules favor developed countries and undermine their interests, particularly in areas like agriculture and fishing subsidies.
COMMENTARY / World
Apr 5, 2024
Why have developing countries soured on multilateralism?
The efforts of advanced economies to link trade agreements to labor and environmental standards could disadvantage developing nations.
Japan's law-abiding pedestrian culture and norms may help explain its economic performance.
COMMENTARY / World
Apr 3, 2024
The economic consequences of legal behavior
There is a complex relationship between cultural norms, legal systems and economic development.
Instead of entering its recent operating loss as negative retained earnings, the European Central Bank treated it as a positive asset on its balance sheet, which is being criticized as misleading.
COMMENTARY / World
Mar 28, 2024
Central banks need to be more transparent about losses
The ECB, Fed and other central banks would do well to abandon financial machinations, work out recapitalization agreements and prepare for large losses.
Employees work at a factory that produces LED displays in Huaian, in eastern China's Jiangsu province, on Thursday.
BUSINESS / Economy
Mar 31, 2024
China factory activity expands for first time in six months
The official manufacturing purchasing managers index rose to 50.8 from 49.1 in February, the National Bureau of Statistics said in a statement Sunday.
Indian Prime Minister Narendra Modi prepares to address a joint session of parliament in New Delhi in June 2019.
COMMENTARY / World
Mar 27, 2024
Making sense of society
In a world that is becoming fragmented within and across countries, it is easy to lose hope for social and economic progress.
The Dali cargo vessel that crashed into the Francis Scott Key Bridge, causing it to collapse in Baltimore, Maryland, on Tuesday
BUSINESS
Mar 27, 2024
Baltimore’s freak bridge collapse reverberates from cars to coal
The aftermath of the bridge’s collapse throws another spotlight on the fragile nature of global supply chains.
Though renewable energy can significantly reduce carbon emissions, if growth remains the global economic imperative, increased energy use will prevent us from reaching decarbonization goals.
COMMENTARY / Japan
Mar 25, 2024
A call for economic degrowth
To achieve the systemic change needed to tackle the climate crisis, we must abandon GDP as the measure of social progress. This is what degrowth calls for.
Despite vast coal reserves, China has always been geopolitically vulnerable on the energy front.
COMMENTARY / World
Mar 24, 2024
China navigates myriad of energy-driven challenges
Rising fuel prices are a thorn in the China's side amid deflation concerns.
Nigerian naira being counted in Lagos, Nigeria. Cash transfers offer a transformative solution to multidimensional poverty.
COMMENTARY / World
Mar 15, 2024
A global cash transfer fund could end extreme poverty
Cash transfers offer a transformative solution to multidimensional poverty, and are aided by improvements in internet and phone coverage.
Customers make a toast at an eatery in Tokyo. Many view Japan’s economy as being on the rise, and that of regional powerhouse China as declining. But how accurate is this narrative?
COMMENTARY / Japan
Mar 18, 2024
Japan is back, China is over. The trouble with narratives.
The idea that Japan and China's roles have flipped, with the former on the rise and the latter in decline, obfuscates important facts and trends.
Climate protesters interrupt a campaign event for former U.S. President Donald Trump in Indianola, Iowa, on Jan. 14.
COMMENTARY / World
Mar 10, 2024
What would a Trump win mean for the climate?
Even if Trump wins and tries to take a wrecking ball to climate policies, he ultimately can't derail the renewables revolution gaining momentum in the U.S.
Anti-capitalist protesters with Occupy San Francisco take part in a demonstration on the streets of the Californian city in October 2011.
COMMENTARY / World
Mar 10, 2024
The economic future of our overworked grandchildren
While John Maynard Keynes predicted a future of leisure and abundance, the world has seen an increase in wealth disparity and a culture of overwork.
Many countries including the U.S. and China are prioritizing domestic production and shortening supply chains to enhance economic self-reliance — but they are doing so at the  risk of fueling systemic instability and intensifying great-power tensions.
COMMENTARY / Japan
Mar 10, 2024
Economic self-reliance is a dangerous delusion
Countries around the world have given high priority to shortening supply chains, rebuilding domestic production capacity and diversifying suppliers.
Research from the International Monetary Fund suggests that gains from fully closing the gender gap in labor markets could increase gross domestic product in developing economies by 23% on average.
COMMENTARY / Japan
Mar 8, 2024
The economic power of gender equality
There is ample empirical research demonstrating that gender equality delivers better results for people, for the planet and for profits.
Chinese leader Xi Jinping attends the opening session of the National People's Congress (NPC) at the Great Hall of the People in Beijing on Tuesday.
BUSINESS / Economy / ANALYSIS
Mar 6, 2024
As Xi summons 'new productive forces,' old questions linger for economy
By focusing on the prospect for future growth, the slogan shifts the focus from China's present economic difficulties.
Bitcoin showed its boom-or-bust character Tuesday with volatile price swings.
BUSINESS / Markets
Mar 6, 2024
Record surge marks new revival for Bitcoin
The cryptocurrency has experienced a breathtaking rebound this year amid strong demand from new U.S. exchange-traded funds.
The world needs to avoid the mistakes and pitfalls that go with providing debt relief and should craft sustainable solutions for financially distressed nations. 
COMMENTARY / World
Mar 1, 2024
Developing countries’ never-ending debt crisis
Creditors have a role in resolving debt crises. This means all eyes are on China, which is the single most important creditor for debt distress.

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Rows of irises resemble a rice field at the Peter Walker-designed Toyota Municipal Museum of Art.
The 'outsiders' creating some of Japan's greenest spaces