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Author : Dan Steinbock
About Dan Steinbock PRO INVESTOR
Dr Steinbock is an internationally recognized expert of the multipolar world. He focuses on international business, international relations, investment and risk among all major advanced economies and large emerging economies. In addition to advisory activities (www.differencegroup.net), he is affiliated with India China and America Institute (USA), Shanghai Institutes for International Studies (China) and EU Center (Singapore). For more, please see http://www.differencegroup.net/. Research Director of International Business at India China and America Institute (USA) and Visiting Fellow at Shanghai Institutes for International Studies (China) and the EU Center (Singapore).
Stories by the author
China’s Wuzhen Summit (World Internet Conference) is on Deck
The second World Internet Conference (WIC), also known as the Wuzhen Summit, will take place Dec 16 -18, in Wuzhen, Zhejiang. Chinese President Xi Jinping will attend the conference...
Whom Do You Call to Talk to ISIL?
While the brutal expansion of the Islamic State of Levant (ISIL) has triggered great fears in popular imagination, Dr. Steinbock says that the ISIL’s — and its potential successors’ — claim to a territorial caliphate...
Oil Prices Unlikely to Rise as Major Producers Dismiss Production Cuts
As the recent summit of the Organization of the Petroleum Exporting Countries (OPEC) suggests, they will not lower the oil production ceiling, despite great overcapacity. What we are witnessing...
Need versus Want: A Yuan-inclusive SDR
Adding the renminbi in the IMF’s basket is the first step in opening up the world’s elite reserve currencies to emerging economies. Currently, the International Monetary Fund’s (IMF’s) basket...
Potential Repercussions of a Yuan-Inclusive SDR
Recently, the International Monetary Fund's staff and its chief Christine Lagarde suggested that the yuan should join the basket of international reserve currencies (the Special Drawing Rights, or SDR)....
We’ve Got High Hopes…from the APEC Summit
Despite diplomatic missteps, APEC 2015 could pave way to regional peace and development. The triangular perspectives of Washington, Beijing, and Manila tell the story. Washington’s exclusive policies Despite diplomatic...
Shadow Banking’s Global Reach
In August, the Financial Times reported that 11 Chinese shadow banks had written an open letter to the top party official in Hebei (河北) province asking for a bailout. Soon afterwards, Foreign...
Look for Changes When China Takes Over G20 Presidency
After half a decade of low growth, global organizations continue to represent the victors of World War II, not the economic powerhouses of the 21st century. However, change is...
The Renminbi as a Reserve Currency Appears Inevitable
The IMF will decide this month whether to make the Chinese renminbi the fifth international reserve currency. For the euro, that would not be a win or lose game....
What if the Fed Rate Hike Comes Too Soon?
After 271,000 were jobs added in October, US unemployment rate fell to 5.0 percent. Meanwhile, average annual hourly earnings climbed by the most since 2009. As a result, the...