TESSA MULLER WRITES — Afghanistan’s economy is hugely dependent on the illicit poppy trade. This was true throughout the 20-year war with the US, and it continues to be true in the aftermath of U.S. troop withdrawal. One hundred days after the official withdrawal date, the Taliban now controls the…
Tag: Economy
KUWAIT: FROM SURPLUS TO DEFICIT
AHMAD ALSADHAN WRITES –Kuwait, a small oil producing country situated in the north of the Arabian Gulf, has been heavily impacted economically by the pandemic. The impact of the Covid-19 pandemic has resulted in the worst economic crisis since the 2008 Financial Crisis. While the world almost stopped operating as…
INDIA: IS MODI 2.0 STILL GOING STRONG?
SARA ALTUWAIJRI WRITES – India is one of the world’s poorest countries, with 68.8 percent of the population living on less than 2 dollars a day and more than 30 percent earning less than $1.25 per day. India’s women and children suffer the most. Is there any hope? Maybe. India aims…
THE INTERNATIONAL ECONOMY: IS THE WORLD STILL AT RISK OF THE “JAPAN DISEASE” ?
KISHORE MAHBUBANI WRITES — No one knows what the post–Covid-19 world will look like. But we know it will be very different. Many countries are likely to suffer from low growth and high debt, the “Japanese disease.” Poor developing countries will certainly suffer from this condition. Yet for developed economies, the…
U.S. AND ASIA: A NEW WORLD ORDER OF ENVIRONMENTALISM
PATRICK POLESHUK WRITES — If the Covid-19 catastrophe has benefited us in any way, it is in teaching us that humanity is never absolved from vulnerability. In the wake of global pandemic panic, thoughts about what is going to happen soon are beginning to overshadow thoughts on our long-term existence. How will…
QATAR: Will the World Cup Bubble Burst?
ALEXIS CRUZ WRITES- Qatar has been fairly confident about keeping the 2022 World Cup. The country has passed some labor reforms and FIFA still backs them, but the country’s officials might have to be more cautious. Harvard professor John Ruggie wrote a FIFA-commissioned report on the organization’s human rights responsibilities…
HONG KONG: ‘We Are Now in the Soup Together’
TOM PLATE WRITES (courtesy of the South China Morning Post): China, it seems, cannot win for losing. Exports-predator China is always ‘beating us’, bombastic billionaire businessman Donald Trump declaimed yet again on the campaign trail. But his timing on this point could have been better as last week was not…
INDIA: “Make in India” or “Break in India”?
ADRIAN NARAYAN WRITES—A government initiative to make a difference in the third largest Asian economy hasn’t gotten off to a very productive start. Announced back in September 2014, Make In India is an undertaking to invite international companies to manufacture their products in India. Since it’s launch, Make in India has…
POVERTY PROJECT: Singapore’s Ugly Truth
VITTO BANEZ WRITES – Singapore is very well-off. At least that’s the perception. The skyline alone illustrates the nation’s growth. The island country has become a hotspot for rich vacationers attracted by its fancy hotels and world-class cuisine. Looking at all that, it’s hard to believe poverty exists in a…
CHINA: Who’s Hertz, Who’s Avis?
Despite recent media reports that China had surpassed the US when it comes to trade, the recent reports from the Chinese Ministry of Commerce announced that this is not, in fact, the case. The two largest economies in the world, China and the United States have always been neck and…
INDIA: Cybercrime Response is Crucial to Cameron’s Agenda
British Prime Minister David Cameron’s recent three-day visit to Mumbai and New Delhi- the first visit from an English premier in 20 years — is ripping across Asian subcontinent. Accompanied by the largest entourage of British business officials ever to travel overseas with a prime minister, Cameron had a myriad…
BANGLADESH: Asia Foundation Study Raises Key Issue for Development
Despite Bangladesh’s relatively weak international recognition as a major garment manufacturer and exporter, it is in fact one of the world’s largest garment manufacturers, being only second to China. As a result, Bangladesh’s economy has been consistently improving. The economic growth, however, has come with many sacrifices and hardships for…
Chinese Blog Blotter – Taking China Down?
The Chinese are certainly following the U.S. presidential campaign. A video of a televised Republican primary debate was circulating on the Internet, attracting the attention of up to 500 million Chinese Netizens. In this video, former U.S. Ambassador to China, Jon Huntsman stated that his hope for China is to…