Economics and Globalization News

Can Oil Sanctions Push Russian Economy Into Recession?

Oct 22, 2014
"It [Russia] is facing a lower price for oil. It is confronting a rising Ruble. In a diverse economy, you could take advantage of such circumstances, but Russia doesn't have a diverse economy and it won't be able to," says Will Pomeranz.

Always the Economy

Oct 07, 2014
Brazil Institute Global Fellow Monica de Bolle gives her take on the Oct. 5 first-round elections.

China’s New Identity Crisis

Oct 02, 2014
"Hong Kong’s problem will continue for as long as the structural sources of conflict cannot be addressed. The identity crises in Hong Kong, Xinjiang, Taiwan, and Tibet will surely become Beijing’s real tests and dilemmas. How well the Chinese leadership deals with these crises will determine China’s rise and future development," writes Global Fellow Zheng Wang.

How Modi’s Evolution From Pariah to Pop Star Could Boost U.S.-India Ties

Oct 01, 2014
"There is something distinctly American about Mr. Modi. His rise from a tea-seller’s son to high office through hard work and a strong embrace of the free market is reminiscent of a Horatio Alger rags-to-riches tale. Additionally, Mr. Modi’s courtship of the Indian diaspora and U.S. business is freighted with positive implications for bilateral ties," says Michael Kugelman.

Iran’s Dinner Diplomacy

Sep 30, 2014
"It’s crunch time for diplomacy on Iran’s controversial nuclear program." Last year, President Rouhani answered Obama's question of possible coöperation on other matters with a "Persian proverb: 'Let’s raise the baby we just gave birth to before we have another.' This year, given the success of ISIS, the Iranians seem to be in a bit more of a hurry to get that process started" says Robin Wright.
Data. Image from Flickr.

What is the reality? - The Expert Take

Sep 26, 2014
With time, the coverage, quality, and timeliness of economic data published in Mexico has changed. The National Institute of Statistics and Geography (INEGI for its Spanish acronym) does quality work but has paces and delimited periods for technical reasons. Banco de México (the central bank of Mexico) does the same. On the other side, the Ministry of Finance (SHYCP for its acronym in Spanish) has declined in detail and timeliness. In other agencies, the information is published with substantial delays.

Ironies in Obama’s U.N. Address

Sep 25, 2014
"As Washington teams up with autocratic regimes–some of which notoriously use the cover of their faith to justify unfair policies–the United States may have credibility problems among the very people it hopes to help," writes Robin Wright.

INFOGRAPHIC: Interlinked U.S.-China Food Trade

Sep 22, 2014
Rising demand for meat and resource constraints are pushing China to look overseas. At the same time, China's food security continues to be haunted by food safety scandals - from melamine-laced milk to adulterated meat. These issues are opening up new opportunities for U.S.-China business.

Chile como potencia alimentaria y el desafío chino

Sep 18, 2014
Latin American Global Fellow Jorge Heine, who was recently appointed as Chile's ambassador to China, is the author of this article about the expansion of food exports from Chile to China. This article is in Spanish.
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White House Unveils New Russia Sanctions

Sep 13, 2014
"I think what he feels is that this is a way for him to boost his domestic economy. He really feels that he can go it alone," says Jill Dougherty about Vladimir Putin's reaction to new western sanctions against Russia.

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