"Just as doctors fear the emergence of superbugs that will not respond to existing drugs, so world leaders are beginning to witness the emergence of new forms of political conflict that are resistant to their traditional prescriptions – more trade and more investment, washed down with a good dose of structural reform."
Bangladesh is a critically important neighbor for India, and one with great impact on India—both positive and potentially negative. On the positive side, Bangladesh is a country of approximately 160 million people making great progress on human development, with an economy consistently growing between five and six percent, and with ambitions to reach lower-middle income levels by 2021.
Secretary of State John Kerry spoke at the World Economic Forum in Davos on January 24, 2014, discussing the United States' global commitments in trade, economic development, foreign relations, and conflict resolution.
Japanese Prime Minister Shinzo Abe spoke at the World Economic Forum on January 22, 2014. In his speech, "Reshaping of the World: Vision from Japan," he discussed his economic policy, often called "Abenomics," and eform of the monetary and fiscal policies regarding markets and trade agreements.
Authors: Marina Walker Guevara, Gerard Ryle, Alexa Olesen, Mar Cabra, Michael Hudson, and Christoph Giesen
"The data illustrates the outsized dependency of the world's second largest economy on tiny islands thousands of miles away. As the country has moved from an insular communist system to a socialist/capitalist hybrid, China has become a leading market for offshore havens that peddle secrecy, tax shelters and streamlined international deal making."
Benn Steil's latest op-ed in Forbes, co-authored with Dinah Walker, shows that the Fed's incorporation of the unemployment rate into its forward guidance has been a failure. Such poor communications could roil the markets as the Fed shifts policy from accommodation to tightening.
The P5+1 (the United States, United Kingdom, Germany, France, Russia, and China, facilitated by the European Union) met with Iran in Geneva to discuss a diplomatic resolution regarding Iran's nuclear program. They released an initial plan of action November 24, 2013. Secretary Kerry gave an update on January 12. 2014.
"A dollar renaissance is unlikely to prove as agonising as it did in the past. The biggest risk in 2014 is going to be the more immediate impact that the Fed's unwinding of its quantitative easing programme will have on global borrowing costs. Chinese economic growth – a big driver of emerging economies – is another wild card. But a stronger dollar will not prove painless and policy makers in the developing world should not be complacent."
The Council on Foreign Relations' David Rockefeller Studies Program—CFR's "think tank"—is home to more than seventy full-time, adjunct, and visiting scholars and practitioners (called "fellows"). Their expertise covers the world's major regions as well as the critical issues shaping today's global agenda. Download the printable CFR Experts Guide.
The author examines Pakistan's complex role in U.S. foreign policy and advocates for a two-pronged approach that works to quarantine threats while integrating Pakistan into the broader U.S. agenda in Asia.