Archive | Global Economy

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The Election That May Change Spain Forever

20D will go down in Spanish history. 20th of December – the Spanish write all of their most important dates in this manner – was the first time voters rejected the duopoly that had governed the country since democracy was reintroduced in 1975. For 40 years power in Spain has been held by either the […]

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Posted in Economics, Europe, Global Economy, World

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Piketty’s Puzzle: Globalization, Inequality and Democracy

One of the most striking trends of modern times, the concentration of global wealth in hands of the very few, has been popularized by Thomas Piketty in his hugely influential Capital in the Twenty-First Century. Piketty argues that the rate of return on capital consistently exceeds the rate of economic growth. In the absence of […]

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Posted in Economics, Global Economy, US, World

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CUBA: Someone Must Spoil the Party.

Since D17 (17th December 2014), when President Obama announced sweeping change in U.S. policy toward Cuba, news about the country has been exciting. Headlines such as ‘Obama making history’, ‘Diplomatic Relations Restored’, ‘Cuba off the Terrorist List’,‘Cuba Reopen D.C. Embassy’, ‘The American Flag being raised outside the U.S. Embassy in Havana’ and ‘American businesses preparing to […]

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Posted in Economics, Global Economy, Latin America, US, World

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Urban Development in India: Chasing the Global at a Cost to the Local?

The observant visitor to the Chhatrapati Shivaji International Airport in Mumbai is offered two contradictory faces of globalisation. Corrugated iron and blue polythene slums throw the air conditioned modernity of Mumbai’s adjacent airport into sharp relief. Few, if any, of these slum residents will ever board one of the planes that land and depart by […]

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Posted in Global Economy, India, World

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Solidarity or Self-interest? European Integration and the German Question

This article was originally published by The Carnegie Council for Ethics in International Affairs in Carnegie Ethics Online on 17 August 2015. In Klaus Harpprecht’s 1995 biography of Thomas Mann, he highlights a statement which Mann wrote in 1947, which, as Harpprecht puts it, “one reads with a distinct shiver half a century later”: In […]

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Posted in Europe, Germany, Global Economy, World

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Fear or Facts: the Case for ISDS in Modern Trade Agreements

At the stakeholder briefing during the ninth round of negotiations of the Transatlantic Trade and Investment Partnership (TTIP), U.S. chief negotiator Dan Mullaney quipped that everyone was discussing Investor to State Dispute Settlement (ISDS) systems except the negotiators. The latter have not discussed the issue since January 2014, when the European Commission launched a public consultation, […]

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Posted in Asia, China, Economics, Europe, Global Economy, US, World

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Angola on the Brink After Oil Price Slump

Emerging from a nearly three decade long civil war that began at the time of the country’s independence from Portugal and which did not end until 2002, Angola experienced an oil production boom in the years that followed. With the discovery of massive amounts of oil at several deep water fields south of the Congo […]

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Posted in Africa, China, Global Economy, World

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South Korea Must Find Its Own Way in The Clash of Titans

‘When whales fight, the shrimp’s back is broken.’ The South Korean government has long viewed itself in terms of this proverb when it comes to its relations with the People’s Republic of China and the United States. The two great powers, in their battle for influence over the Asia-Pacific region, often require that South Korea […]

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Posted in Asia, China, Economics, Global Economy, Security Issues, US, World

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Why Israel Is Losing the Public Relations War

Almost everybody thinks badly of Israel. That’s what a poll published by the BBC World Service in 2014 shows. More precisely, Israel ranks as the fourth most negatively viewed nation, right after North Korea, Pakistan and Iran. What explains the differences between European and American views on Israel, and how does such an overall negative […]

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Posted in Conflict, Economics, Israel, Israeli Palestinian Conflict, Middle East, Political Security, Security Issues, World

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Is Iran Headed For Another Recession?

Garnering over 50 percent of the vote, Hassan Rouhani assumed a decisive victory on June 2013 and became Iran’s new president after Mahmoud Ahmadinejad’s eight year long reign. Vowing to pull the country out of its sanction filled, depressed economy, he won the elections by a landslide. Less than three months ago, during a December […]

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Posted in Economic Security, Economics, Global Economy, Iran, Middle East, Security Issues, World

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Save TTIP or Risk the Alliance

The European Union (EU) and the United States (U.S.) have been negotiating the Transatlantic Trade and Investment Partnership (TTIP) since 2013. Intended to revive the transatlantic economies by eliminating tariffs and accepting various degrees of regulatory convergence or mutual recognition across a wide range of sectors, and solidify EU-U.S. relations, it now appears to be […]

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Posted in Economic Security, Economics, Europe, Germany, Global Economy, Political Security, Security Issues, US, World

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China’s Expanding African Military Footprint

Sun Tzu, in his seminal book The Art of War, argued that all warfare is fundamentally based on deception. “When able to attack, we must seem unable; When using our forces, we must seem inactive; When we are near, we must make the enemy believe we are far away; When far away, we must make […]

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Posted in Africa, Asia, China, Economic Security, Global Economy, Security Issues, World

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Focus on Greece Ignores Need for German Economic Reform

With Greek debt negotiations reaching a critical point, it may be time for a reminder that there are more problems within the eurozone than just southern European debt. Austerity rightly remains firmly in the headlines, but looking beyond the struggles in Athens reveals that economic changes may be needed further north. Indeed, while the new […]

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Posted in Economic Security, Economics, Europe, Germany, Global Economy, World

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Where is Portugal’s Radical Left?

It has been a tumultuous month in European politics. As Greek debt negotiations dominate the headlines, the resurgent left-wing in many European countries waits with baited breath in the realisation that the popularity of their movements may rest on what happens in Athens. It is interesting, however, that while the radical left has enjoyed a […]

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Posted in Economics, Europe, Global Economy, World

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