Economics
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Snapshot,
February 7, 2012
The Vatican has recently made pointed calls for global financial reform, but the Church's teaching is grappling to accommodate the growing divergence between the immediate economic expectations of Catholics in developed European nations and those living in emerging economies.
Snapshot,
January 15, 2012
Observers have insisted that the presidential election was not about cross-strait relations but about socio-economic issues. In fact, those two are inseparable. Taiwanese realize that good relations with China are necessary for their country's continued prosperity.
Snapshot,
January 12, 2012
The problem isn't weak EU economic policy, it is that no country has reason to live up to its obligations or to force its partners to do the same. What Europe really needs is a sovereign credit club; at the cost of accepting certain performance standards, countries would join to get access to low-cost capital.
Response,
January 6, 2012
A global conversation has emerged about the growing gap between the rich and poor. New academic research shows that this is more than just a moral or social issue. The less equal a society, the more prone it is to instability.
Snapshot,
January 5, 2012
The new sanctions regime places the United States' tactics and objectives -- a negotiated end to Iran's nuclear ambitions -- at odds. In effect, the administration has backed itself into a policy of regime change, an outcome it has little ability to influence.
Comment,
Jan/Feb
2012
Today’s troubles are real, but not ideological: they relate more to policies than to principles. The postwar order of mutually supporting liberal democracies with mixed economies solved the central challenge of modernity, reconciling democracy and capitalism. The task now is getting the system back into shape.
Comment,
Jan/Feb
2012
Stagnating wages and growing inequality will soon threaten the stability of contemporary liberal democracies and dethrone democratic ideology as it is now understood. What is needed is a new populist ideology that offers a realistic path to healthy middle-class societies and robust democracies.
Intelligent observers of Europe in the 1930s thought its future belonged to communism or fascism and would have ridiculed the notion that decades later the entire continent would be democratic. New books by Jan-Werner Müller and Eric Hobsbawm illuminate the changing fortunes of the continent’s great ideologies.
Three new books look at poverty from the bottom up, painting a vivid portrait of the lives poor people live. In focusing on individual behavior, however, the books neglect a crucial political question: how to get governments to improve the situation.
Snapshot,
December 19, 2011
Kim Jong Un is likely to continue his father's policies, keeping the country what it is now -- a nuclear-armed dictatorship in abject poverty -- until it can no longer sustain itself.
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