In his famous “political trilemma of the world economy,” the Harvard economist Dani Rodrik boldly claims that global economic integration, the nation state and democracy cannot coexist. At best, we can combine two of the three, but always at the expense of one.
October 23, 2017
Germany and China are chief among the countries whose economic policies have drawn US President Donald Trump’s ire. While the US has the largest current-account deficit in the world, Germany and China are running the largest surpluses. That irritates Trump and his advisers to no end.
September 23, 2017
Many people equate the EU with Europe, overlooking a few nuances along the way. From a historical viewpoint, it is clear that the EU, having contributed to ending centuries of war and violent conflict among its member states, nowadays embodies the antithesis of pre-1945 Europe.
July 21, 2017
As many analysts have observed, the Pax Americana of recent decades is on life support. After the first 150 days of Donald Trump’s “America First” — or more accurately, “America Alone” — presidency, it seems that the country’s traditional stabilizing role can no longer be viewed as a given.
June 24, 2017
As 2016 came to an end, the outlook for 2017 is shrouded in uncertainty. Tensions in the Middle East are rising, and populist movements have appeared in Europe and the US.
January 02, 2017
Across the West, faith in international governance and economic globalization is declining.
November 30, 2016
The conflict in Syria becomes more complex every day that it continues, and the country’s prospects have gotten only worse.
October 20, 2016
In many western democracies, right-wing populists, energized by self-proclaimed victories over “establishment elites,” are doubling down on the claim that globalization lies at the root of many citizens’ problems.
August 20, 2016