Let us hope that 2019 is the year when the historical tide turns. In 2018, divisions within and between countries continued to deepen.
In November 2017, scientists working in Sumatra, Indonesia, made an exciting announcement: they had discovered a new species of orangutan, bringing to seven the number of great ape species globally.
China’s economic performance in 2018 was rather disappointing. According to official statistics, the country’s growth rate up to the end of the third quarter was 6.7 percent, the lowest since the global financial crisis.
In 1950, the Canadian-born Princeton University economist Jacob Viner explained a customs union produces a “trade creation” effect, as lower tariffs and non-tariff barriers spur increased flows of goods among member countries.
When resources are limited, it is human capital that defines the sustainable development of a community, especially in the case of costly misallocation and underutilisation, as is often the case in developing countries.
Financial digitalisation – the digital revolution’s system-level transformation of the entire financial ecosystem – could catalyse global efforts to finance sustainable development.
It has been just five years since China initiated its major land reclamation in the South China Sea, and the country has already shifted the territorial status quo in its favour – without facing any international pushback.
From the moment the French government cancelled its planned fuel tax hike in the face of massive protests, it was obvious that the move would be perceived as inadequate, insignificant, and above all incapable of having any calming effect.
When we think about winning the fight against climate change, most people concentrate on reducing greenhouse-gas (GHG) emissions from cars, trucks, and other machines powered by fossil fuels.