Tag - global

 
 

GLOBAL

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.
Indian Prime Minister Narendra Modi addresses the public on the outskirts of Varanasi, India, on Feb. 23.
ASIA PACIFIC
Mar 1, 2024
India posts surprise 8.4% surge in growth ahead of elections
The government predicts growth will reach 7.6% in the fiscal year through March, higher than an earlier projection of 7.3%.
A firefighter walks on mud and rocks from a mudslide during a storm in Los Angeles on Feb. 5.
ENVIRONMENT / Climate change
Feb 29, 2024
U.S. and Philippines pay highest economic price for climate-fueled weather
The U.S. currently experiences the worst losses in absolute terms: about $97 billion annually.
There is a global trend toward economic bifurcation with the U.S. and China leading the charge — and multinational solutions are needed to address the new challenges.
COMMENTARY
Feb 28, 2024
The inexorable movement toward a divided global economy
Efforts to protect national economies from threats require multinational solutions. Chains are only as strong as their weakest link.
U.N. Secretary-General Antonio Guterres says the international community is currently experiencing "gridlock" and suffering "colossal global dysfunction.”
COMMENTARY / World
Feb 28, 2024
No one wins in a lose-lose world
Fragmentation of the world economy could derail growth, especially in low-income countries, turning zero-sum thinking into a self-fulfilling prophecy.
U.S. President Joe Biden announces new provisions in March 2022 requiring the government to buy more made-in-America goods.
COMMENTARY / World
Feb 26, 2024
Biden doesn’t get why we need the WTO
What do Biden and Trump have in common? Protectionism. As a result, the 13th WTO ministerial conference underway in Abu Dhabi is doomed to fail.
Director-General of the World Trade Organization (WTO) Ngozi Okonjo-Iweala addresses the 13th WTO Ministerial Conference in Abu Dhabi on Monday.
BUSINESS / Markets
Feb 26, 2024
WTO seeks modest outcome in UAE at 'critical juncture' for global trade
The stated goals is to set new global commerce rules, but even its ambitious chief Ngozi Okonjo-Iweala sought to curb expectations.
U.S. President Joe Biden and Prime Minister Fumio Kishida attend an Indo-Pacific Economic Framework launch event in Tokyo in May 2022.
BUSINESS
Feb 24, 2024
U.S.-led Indo-Pacific deal on supply chain resilience takes effect
The deal allows members to help each other secure critical items in times when supply chains are disrupted.

Longform

High-end tourism is becoming more about the kinds of experiences that Japan's lesser-known places can provide.
Can Japan lure the jet-set class off the beaten path?