Economy & Business

Economic, Not Security Strategy, Key for Stability in South China Sea

By Philip Haxel

For all of its economic dynamism, the regional stability of the Asia-Pacific is increasingly threatened by conflicting claims over small rocks and archipelagos in the South China Sea. However trivial these disputes may appear, a breakout into physical conflict would have massive ramifications for the US economy, as each year 1.2 trillion dollars in US […]

Greek defense budget in need of reform?

By Judy Dempsey, International Herald Tribune

From Judy Dempsey, International Herald Tribune:  During the height of the global financial crisis of 2008, Greek defense expenditures accounted for 3.1 percent of gross domestic product. Over the past two years, Greek defense spending still amounted to 2.1 percent of G.D.P.

Countdown to Armageddon

By Harlan Ullman

10, 9, 8, 7 …… refers to a countdown. The larger question is count down to what?

Japan’s Coming Challenges: What Awaits Shinzo Abe

By Rajan Menon

Shinzo Abe became prime minister of Japan—its seventh in six years —after his Liberal Democratic Party, which has governed Japan for all but four years since 1955, won parliamentary elections resoundingly, ending a three-year interlude by the Democratic Party of Japan.

The Decisive African Youth Vote

By Adrienne Chuck

The Arab Spring underscored the pivotal role that youth can play in a country’s economic and political stability. This is even truer in Sub-Saharan Africa, where 70 percent of the population is under the age of 30.

Euro-Realism: For a Better Europe

By Julian Lindley-French

Myth has it that Trotsky believed capitalism would collapse under the weight of its own contradictions. In fact that was the so-called Ultra Leftists, as neither Lenin nor Trotsky thought capitalism would face a final reckoning, believing rather that capitalism would preserve itself at whatever cost. Only class struggle, they believed, would ensure the collapse […]

Turkey and the EU: Too Late?

Though his country has been aspiring to join the European Union since the 1960s, Prime Minister Recep Tayyip Erdoğan warns “the EU will lose Turkey” if action in accession does not happen by the 2023 centennial of the Turkish Republic.

An economic NATO would strengthen the U.S. and Europe

By Robert Nolan, U.S. News & World Report

From Robert Nolan, U.S. News & World Report:  As the European economy continues to tank, I’m often asked what the United States can do to help its friends across the Atlantic

An economic NATO

By David Ignatius, Washington Post

From David Ignatius, Washington Post:  [A] big idea is taking shape that could revitalize the U.S.-European partnership for the 21st century.

How to Build Trust Between India and Pakistan

By Ishrat Husain and Kavita N. Ramdas

This week, a delegation consisting of heads of leading Pakistani business houses are visiting India.