WASHINGTON, DC – Proponents of a higher minimum wage are well-intentioned in their effort to help low-wage workers. But whether a higher minimum wage would help most workers is debatable. Though it would raise wages for some, it would leave total compensation for others the same and reduce to zero the wages of those who lose their jobs as a result
29 марта 2021
5 мин.
6270
WASHINGTON, DC – US President Joe Biden’s administration is reassessing America’s China strategy. Donald Trump’s modus operandi was to bully China on trade, foreign investment, cyberspace, e-commerce, intellectual property, the South China Sea, Taiwan, and other issues. Making matters worse, the Trump administration chose to deal with China bilaterally, neglecting European, Australasian, and Latin American allies who shared many of America’s concerns and would have strengthened the United States’ bargaining position
25 февраля 2021
5 мин.
6633
WASHINGTON, DC – The COVID-19 pandemic has spread globally and will not be over until it has been brought under control everywhere. Hence, international efforts are underway to support the world’s poorest countries. COVAX, a multilateral initiative organized by the World Health Organization and Gavi, the Vaccine Alliance, is arranging purchases of vaccines to be distributed equitably to developing countries
28 января 2021
4 мин.
6534
WASHINGTON, DC – The world has received the best possible gift for the coming year. The development of safe and effective COVID-19 vaccines in such a short time is something close to a medical miracle and portends an end to the crisis that dominated 2020
24 декабря 2020
5 мин.
7683
WASHINGTON, DC – Until 2016, global leadership was a hallmark of American greatness. The United States was at the forefront of establishing and supporting the United Nations, the International Monetary Fund, the World Trade Organization, and much else. America was exceptional in that, despite its stature at the end of World War II, it chose to build a world order through multilateralism and global institutions, rather than pursuing reparations and unilateralism
24 ноября 2020
5 мин.
5806
WASHINGTON, DC – It has taken four years, but US President Donald Trump’s tax avoidance and deep indebtedness are finally being exposed, as are his many acts of self-dealing and efforts to benefit his cronies. Under Trump, the United States has begun to epitomize crony capitalism, whereby political leaders extend benefits and protection to businesses in exchange for political acquiescence and economic favors
27 октября 2020
5 мин.
5093
WASHINGTON, DC – Since World War II, the global economy has performed beyond the wildest dreams of its post-war architects, yielding unprecedented gains in health, education, living standards, poverty reduction, and wealth. Central to this success was the growth and liberalization of international trade, which was made possible with US leadership in the creation and stewardship of an open multilateral trading system
24 сентября 2020
5 мин.
6543
WASHINGTON, DC – The US federal debt-to-GDP ratio rose sharply during the 2008-09 Great Recession and continued rising thereafter, going from 62% in 2007 to 90% in 2010. By 2019, it had reached 106%, and the Congressional Budget Office was warning that the trust funds for Social Security and Medicare would be exhausted by 2028. Many economists argued that a debt-to-GDP ratio of 100% was already worryingly high, and that the future tax increases needed to reduce it would be massive
24 августа 2020
5 мин.
4845
Despite setbacks like the Great Recession and the pandemic, the world economy has had a massively successful run since World War II
08 октября 2021
5 мин.
77237
Inflation has become a hot-button political issue worldwide. In the United States, the consumer price index increased at an annual rate of 8.6% in May, and EU inflation is not far behind. The root cause of the problem is that too much money is chasing too few goods
03 июля 2022
5 мин.
65332
Among former US President Donald Trump’s many policy mistakes, some of the worst were in the area of trade
29 ноября 2021
5 мин.
62525
A tragedy is unfolding in Sri Lanka. Citizens must queue for food and pharmaceuticals, vehicle owners cannot fill their tanks, and there have been rolling power outages
07 августа 2022
5 мин.
60189
US competitiveness in chipmaking might deteriorate further because of the legislation
28 марта 2023
4 мин.
54025
The world is embroiled in a megacrisis comprising the COVID-19 pandemic, Russia’s war in Ukraine, high inflation, recession fears, and rising debt distress across emerging markets and developing countries
01 января 2023
5 мин.
53527
International capital flows have long been a major source of economic growth
29 января 2023
5 мин.
51399
The great statesmanship and leadership that the United States showed during and after World War II is well known
01 марта 2023
5 мин.
43037
Until 2017, America’s trade policies were reasonably well aligned with its strategic objectives
23 июля 2023
5 мин.
40285
To the dismay of many economists, US President Joe Biden’s administration has retained most of its predecessor’s tariffs and trade barriers
20 августа 2023
4 мин.
40026
WASHINGTON, DC – The future of the world economy is becoming clearer. At the outset of the pandemic, there were lively disagreements over whether the lockdown and other measures were warranted, or whether the economic costs were too high. Now, it is increasingly evident that economic activity will resume fully only after lockdown restrictions have been given time to work. Otherwise, COVID-19 will continue to spread, making a sustained and rapid economic recovery all but impossible until the arrival of effective, widely available vaccines
24 июля 2020
5 мин.
8776
WASHINGTON, DC – Not content with its trade war against China, US President Donald Trump’s administration has also opened bilateral trade negotiations with Japan. Yet whatever Trump hopes to achieve with Japan, it will be far less than what he threw away when he abandoned the Trans-Pacific Partnership (TPP) in early 2017
21 мая 2019
5 мин.
9892
Turkish President Recep Tayyip Erdoğan’s victory lap following his re-election last month will be short, because his country is on the verge of economic meltdown
30 июня 2023
5 мин.
22727
To the dismay of many economists, US President Joe Biden’s administration has retained most of its predecessor’s tariffs and trade barriers
20 августа 2023
4 мин.
40026
The contradiction between US President Joe Biden’s major domestic and foreign-policy objectives and his administration’s trade policies has grown increasingly sharp
01 октября 2022
5 мин.
16212
Puerto Rico is part of the United States, but it is not a state
30 октября 2022
5 мин.
36065
Inflation has become a hot-button political issue worldwide. In the United States, the consumer price index increased at an annual rate of 8.6% in May, and EU inflation is not far behind. The root cause of the problem is that too much money is chasing too few goods
03 июля 2022
5 мин.
65332
WASHINGTON, DC – When you try something for 99 years and the situation keeps getting worse, it is time to try something else. The United States Congress passed the Merchant Marine Act of 1920 (also known as the Jones Act) in order to protect America’s shipping industry and strengthen national security. But the law has almost destroyed the industry, and imposed huge costs on America’s businesses, consumers, and the environment. It needs to be sunk
25 апреля 2019
5 мин.
10447
WASHINGTON, DC – Late last month, US President Donald Trump threatened to impose tariffs on imports from Mexico in ten days if it did not halt the flow of migrants from Central America. The tariffs would start at 5% and then increase by five percentage points monthly until reaching 25% in October. The announcement came as a shock, especially given that the United States and Mexico (plus Canada) had reached an agreement on a revised North American Free Trade Agreement just months earlier, at Trump’s insistence. Ratification of the new trade deal, the US-Mexico-Canada Agreement (USMCA), is now in jeopardy
17 июня 2019
5 мин.
10011
The world is embroiled in a megacrisis comprising the COVID-19 pandemic, Russia’s war in Ukraine, high inflation, recession fears, and rising debt distress across emerging markets and developing countries
01 января 2023
5 мин.
53527
У автора нет статей, опубликованных в журнале Forbes Kazakhstan
Выбор редактора
Обсуждаемые в Соцсетях
Самые Читаемые
