Economics

Foreign Affairs Article

Broken BRICs

Author: Ruchir Sharma

Over the past several years, the most talked-about trend in the global economy has been the so-called rise of the rest, which saw the economies of many developing countries swiftly converging with those of their more developed peers.

See more in Brazil, Emerging Markets

Foreign Affairs Article
Transition 2012

Transition 2012

Are Taxes Too Damn High?

Authors: Grover Norquist and Andrea Louise Campbell

Andrea Campbell tips her hand partway through her essay "America the Undertaxed" (September/October 2012) when she writes that "the central debate in U.S. politics is whether to keep taxes, particularly federal taxes, at their current levels in the long term or emulate other advanced nations and raise them."

See more in United States, Economics

Article

South Korea's Growing Role and Contributions to International Stability

Author: Scott A. Snyder
PacNet

Despite an ongoing threat from North Korea, South Korea has emerged as a producer rather than a consumer of international security goods. As a newly elected member of the UN Security Council, South Korea has the opportunity to use these investments as a "middle power" and responsible leader in the international community, says Scott A. Snyder.

See more in South Korea, International Finance, International Peace and Security