The China backlash

On a recent official visit to China, Malaysian Prime Minister Mahathir Mohamad criticized his host country’s use of major infrastructure projects – and difficult-to-repay loans – to assert its influence over smaller countries.

30 September 2018
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Defending democracy’s essence

On 10 December, 1948, the United Nations (UN) General Assembly adopted the Universal Declaration of Human Rights, affirming the view that “the will of the people” – democracy – should form the basis of any government. But seven decades later, the world’s democracies are in peril. After a fourfold increase in the number of democracies between the end of World War II and 2000, we are now in a sustained period of political regression.

29 September 2018
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Trump’s currency confusion continues

Next month, the United States (US) Department of the Treasury is due to submit to Congress its biannual report detailing which countries, if any, are manipulating their currencies to gain an unfair trade advantage. For his part, President Donald Trump is already accusing China of doing so, as he did throughout the 2016 election campaign. And he is reportedly trying to influence the Treasury Department’s deliberations.What has changed since the last report in April?

23 September 2018
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Governments must stand up for health

It was just a century ago that the Spanish flu epidemic spread across the world and killed tens of millions of people. Long before the moon landing, the Internet, or the discovery of the Higgs boson, the world was at the mercy of a disease that struck indiscriminately and did not respect national boundaries. The epidemic required an absolutely extraordinary response.A hundred years on, contagious diseases continue to cross borders faster and more efficiently than people or goods.

23 September 2018
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Journalism’s comeback

After years of ill health, the news industry is finally showing signs of a modest recovery. According to the Digital News Report 2018 – the most comprehensive survey of digital media consumption – subscriptions are trending up while consumer confidence has stabilized.

14 September 2018
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Education in the Age of Automation

As digital technologies and automation have advanced, fears about workers’ futures have increased. But, the end result does not have to be negative. The key is education.Already, robots are taking over a growing number of routine and repetitive tasks, putting workers in some sectors under serious pressure. In South Korea, which has the world’s highest density of industrial robots – 631 per 10,000 workers – manufacturing employment is declining, and youth unemployment is high.

13 September 2018
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Trump’s assault on refugees

The decision by United States (US) President Donald Trump’s administration to stop funding the United Nations Relief and Works Agency for Palestine Refugees in the Near East (UNRWA) has politicized humanitarian aid, threatens to add yet more fuel to one of the world’s most combustible conflicts, and jeopardises the futures of a half-million Palestinian children and young people.Originally created to deliver basic assistance to refugees displaced during the creation of the Israeli state, the U

8 September 2018
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Can ASEAN turn disruption into opportunity?

Is the Association of Southeast Asian Nations (ASEAN) resilient enough to thrive amid the regional and global transformations taking place today? While the global economy continues its broad-based expansion, disruptive economic, geostrategic, and technological forces may threaten ASEAN’s gains of recent years. To survive, ASEAN members must make important decisions about the role of their community in regional affairs.

6 September 2018
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The slavery incentive

Have you ever wondered why business schools do not teach the proper way to whip a worker to obtain maximum effort without damaging the asset? Had business schools existed before the American Civil War, one can conceive of at least a lecture, if not a full course, on the subject.

1 September 2018
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The climate fight’s next turning point

Next month, the Global Climate Action Summit – one of the largest international gatherings on climate change the world has seen – will be held in San Francisco. The event, whose theme is “Take Ambition to the Next Level,” aims to serve as a launchpad for accelerated action that will enable the world to meet the goals set by the 2015 Paris climate agreement.

31 August 2018
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Why is the Renminbi depreciating?

China’s currency has started falling again. The last major depreciation of the Chinese renminbi began in the second half of 2015, triggered by a surge in capital outflows. Despite repeated interventions by the People’s Bank of China (PBOC), markets remained frenzied for more than a year. The currency’s value fell to nearly CN¥7 per United States (US) dollar, before stabilizing in early 2017.The latest decline has been even sharper.

30 August 2018
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