Markets

In the coming years, China’s leadership will need to increase its reliance on financial services for consumption-led growth. However, plans to develop Shanghai as a free-trade zone should not be seen as a threat to Hong Kong’s prosperity and future,...

At the core of the Japan problem is the need to lift potential, efficiency and productivity in an economy that has a shrinking population and workforce. Migration is seen as central to overall reform efforts because it offers a way...

The mainstream debate on China has shifted from forecasts of how quickly China will overtake the United States to considerations of what the consequences of a Chinese crash would be.  Following weeks of financial drama and weak economic data, the...

The shale and oil revolution that has transformed U.S. and global energy markets is on its way to Australia. According to U.S. government report, resource-rich Australia could be home to as much as 10 times the existing known gas reserves,...

In the course of the 2008 financial crisis, the global geography of power has shifted from the G8 to the G20. Despite being a coalition of smaller economies, the G20 achieved relative success in consensus formation, effectively limiting the potential...

The U.S.-China split over climate change centres on the relative responsibilities of developed and major developing nations. China, along with other developing nations, argue that since advance economies continue to have far higher levels of emissions per capita, they alone...

  For a long time, the US economy had been on an upward escalator, fueled by the growth of cheap energy and loans. Continued growth in debt made sense, because growth seemed likely for as far in the future as...

The slew of economic data released last week has confirmed the worst fears of many global investors: China is serious about rebalancing its economy and growth rates of 6 – 7 percent will no longer be encouraged. Attempts to keep...

Shrugging off memories of its colonial past, Africa today stands at a precarious crossroad. On one hand, it is being aggressively pursued by international heavyweights such as the United States, China and Japan – all of which promise billions in...

For three decades, China's reform and opening-up policies led to unprecedented economic growth, as well as the creation of first-tier megacities particularly along the coastal regions. China has in recent years contemplated a grand plan to make urban residents of...

Intelligence-gathering post 9-11 is increasingly more complex mainly due to the changing nature of contemporary national security threats. As surveillance techniques expand and become more invasive, how do we strike the right balance between privacy and security? Revelation of the...

The US Federal Reserve has signaled that barring new signs of weakness in the economy, it will likely slow its asset purchases this year and conclude them next year. But Fed officials appear somewhat surprised by the sharpness of the...

Since the 2008 financial crisis, both China and India have taken steps to become more financially open. But while the Indian economy appears to be ahead at present, policy continues to segment onshore and offshore markets in both economies and...

In the early 1870s, the United States, the largest emerging economy of the era, overtook the United Kingdom. Now, as the United States' liquidity-driven growth eclipses, the once-in-a-century transition of economic power – from U.S hegemony to China’s peaceful rise...

The prices of a wide range of risky assets have been rising, despite sluggish GDP growth worldwide. This discrepancy reflects a new period of financial-market volatility – one that could mark the beginning of a broader de-risking cycle for financial...