global political economy

Why Democracy Doesn’t Deliver

Endless elections, unqualified leaders, uninformed voters, and short-term thinking are impeding economic growth.

Employees build a Boeing 777 airplane cockpit at a plant in Wichita, Kansas, on Aug. 18, 2004. (Larry W. Smith/Getty Images)

Why China Will Win the Trade War

Trump thinks he has a strong hand. In fact, Washington is far more vulnerable than Beijing.

President Donald Trump meets with Mohammed bin Salman, then deputy crown prince, in the Oval Office on March 14, 2017.

Crown Prince of Disorder

Mohammed bin Salman's consolidation of power is making Saudi Arabia a more unpredictable U.S. ally than ever before.

Then-presidential candidate Donald Trump visits his Scottish golf course, Turnberry, with his children Ivanka Trump and Eric Trump on July 30, 2015 in Ayr, Scotland. (Jeff J Mitchell/Getty Images)

U.S. Losing Legitimacy as Corruption Fighter, Experts Say

Once a shining beacon, the United States now offers an excuse for behaving badly.

Cars from German manufacturer Volkswagen are pictured in the port of Bremerhaven, nothern Germany, on July 24, 2017.
Daimler, BMW, and VW with its Audi and Porsche subsidiaries were all involved in the talks to agree on technology, suppliers, markets, strategies and polluting emissions, German weekly magazine Der Spiegel reported. / AFP PHOTO / PATRIK STOLLARZ        (Photo credit should read PATRIK STOLLARZ/AFP/Getty Images)

German Car Companies Are Driving the Country Off a Cliff

"Made in Germany" used to mean reliability. Now it means collusion.

FRANKFURT AM MAIN, GERMANY - MAY 28:  German Chancellor Angela Merkel (3rdR) inspects an insulin pen as she visits the new production facility for sterile glass vials at the Sanofi pharmaceuticals plant on May 28, 2015 in Frankfurt, Germany. Sanofi Germany generalmanager Martin Siewert, CEO of Sanofi Olivier Brandicourt and the mayor of Frankfurt Peter Feldmann (L-R) stand by side. Merkel is visiting the factory, which produces antibiotics and insulin, ahead of the upcoming G7 summit, where the global struggle against antibiotic-resistant bacteria is among topics to be discussed by G7 leaders.  (Photo by Thomas Lohnes/Getty Images)

Germany Has an Arrogance Problem

One country’s moral evangelism is the rest of the world’s intolerable smugness.

US President Donald Trump and US Vice President Mike Pence (R) stand alongside Commerce Secretary Wilbur Ross as he speaks about Trump signing executive orders on trade policies in the Oval Office of the White House in Washington, DC, March 31, 2017. / AFP PHOTO / SAUL LOEB        (Photo credit should read SAUL LOEB/AFP/Getty Images)

Don’t Abdicate America’s Leadership Role at the IMF

Unfortunately, that’s exactly what the Trump administration seems to be doing.

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Infographic: Here’s How the Global GDP Is Divvied Up

Spoiler alert: The United States gets the biggest slice of the pie.

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Forget Dow 20,000 — the Boom Times Are Over. Is Democracy Next?

Liberal democracy and market capitalism are taken for granted as the best form of government. That bubble may be about to burst.

NEW YORK, NY - DECEMBER 08:  Traders work on the floor of the New York Stock Exchange (NYSE) on December 8, 2016 in New York City. Stocks began today higher following yesterday's rally, the best day for the market since the presidential election.  (Photo by Spencer Platt/Getty Images)

Why the Trump Economic Boom Will Never Come

Yes, the markets are looking good (for now). But subsidized deal-making and tax cuts for the rich are the surest sign of a bubble.

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In Brazil, a Corruption Case Begins as Economy Still Struggles

Is the trial against Brazil's former president a balm for or distraction from the country's current economic woes?

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In Throes of Cash Crisis, India Must Deal With Wreckage of Train Crash

India was already dealing with cash crisis chaos. Then it suffered its deadliest train crash in years.

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The Asteroid Miner’s Guide to the Galaxy

U.S. companies are preparing to tap the solar system’s riches. But will they share the trillion-dollar deep-space market with hungry foreign competitors?

A diamond cutter checks the 2 carat diamond she is polishing at Belgium outfit's Eurostar diamond cutting and polishing centre in Gaborone on March 18, 2008. Botswana launches its own diamond trading company on March 18, 2008 in a move designed to boost local business and create jobs for citizens of the world's top producer of these precious stones. The creation of DTCB, a joint venture between De Beers and the Botswana government, will end the practice of sending diamonds mined in Botswana to De Beers' London-based main Diamond Trading Company for sorting and marketing.  AFP PHOTO / ALEXANDER JOE        (Photo credit should read ALEXANDER JOE/AFP/GettyImages)

Between Rocks and a Hard Place in Africa

Botswana squeezes more money from diamonds than any other country. Why are so many of its citizens still going hungry?

Zambian President Edgar Chagwa Lungu looks on as thousands of Zambians rally to pray against the depreciation of the countrys currency and economic crisis at the Show grounds in the capital city Lusaka on October 18, 2015. Food prices have soared and crippling power shortages have also been triggered by low water-levels in Lake Kariba, where hydropower plants supply much of the country's electricity.  AFP PHOTO/SALIM DAWOOD        (Photo credit should read SALIM DAWOOD/AFP/Getty Images)

Zambia’s Plan to Revamp Its Flailing Economy? Divine Intervention.

Zambia's president organized a day of prayer to cure the country's flailing economy.

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An Act of Empathy

Joshua Oppenheimer’s unsettling new film, <em>The Look of Silence</em>, raises questions about the troubling relationship between global capitalism and western complicity.

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