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Tue, May 30, 2023 | 16:53
A post-growth world?
A post-growth world?
PRINCETON ― In a provocative recent paper, Robert Gordon of Northwestern University concludes that the rate of technological progress has slowed sharply, and that the rise in standards of living (at least in the world’s rich countries) is thus set to decelerate. In the 20th century, he says, per capita income in the United States doubled about every 25-30 years. But the next ...
2013-02-08 16:18
Unloved dollar standard
Unloved dollar standard
PALO ALTO ― Since World War II’s end, the U.S. dollar has been used to invoice most global trade, serving as the intermediary currency for clearing international payments among banks and dominating official foreign-exchange reserves. This arrangement has often been criticized, but is there any viable alternative?
2013-02-05 17:04
Senkaku/Diaoyu: another Falklands?
Senkaku/Diaoyu: another Falklands?
Chinese survey vessels go into the waters around the disputed islands and Japanese patrol ships tail them much too closely. Twice last December Chinese maritime surveillance aircraft flew into the airspace around the Japanese-controlled islands and Tokyo scrambled F-15 fighters to meet them. On the second occasion, China then sent fighters too. Can these people be serious?
2013-02-03 16:55
Eclipse of British reason
Eclipse of British reason
BERLIN ― When placed under too much strain, chains tend to break at the weakest link. Figuratively speaking, the same applies to the European Union. So the entire world quite naturally assumed that any process of EU disintegration would start primarily in the crisis-ridden European south (Greece, first and foremost). But, as British Prime Minister David Cameron has now demons...
2013-01-28 17:01
The end of pasta?
The end of pasta?
PRAGUE ― Scare stories have been an integral part of the global warming narrative for a long time. Back in 1997, Al Gore told us that global warming was making the El Nino winds stronger and more severe. That has not happened. Greenpeace and many others have told us for years that we will see more violent hurricanes. In fact, over the last six years, global hurricane energy h...
2013-01-22 17:07
Dear Madame President-elect
Dear Madame President-elect
Korea will continue its march forward, may we pray, having done what many other advanced nations have yet to do, including my country, by electing a woman as the country’s chief executive. The outcome of the election was not as close as predicted in some quarters. Your celebratory remarks have gathered the nation together at a very important time in its history. It will be ...
2013-01-18 17:28
The unstarvable beast
The unstarvable beast
CAMBRIDGE ― As the world watches the United States grapple with its fiscal future, the contours of the battle reflect larger social and philosophical divisions that are likely to play out in various guises around the world in the coming decades. There has been much discussion of how to cut government spending, but too little attention has been devoted to how to make governmen...
2013-01-08 17:26
Europe's New Year's irresolution
Europe's New Year's irresolution
BERLIN ― Will the eurozone crisis end in 2013, or will it drag on throughout the year, and perhaps even deteriorate anew? This is likely to be not only the crucial question for the European Union’s further development, but also a key issue affecting the performance of the global economy.
2013-01-06 16:58
America's divided dynamism
America's divided dynamism
UNITED NATIONS ― America appears to have crossed the political Rubicon.
2012-11-13 16:53
Taiwan acts to mitigate climate change
Taiwan acts to mitigate climate change
By Stephen Shu-hung ShenMitigating climate change has a direct bearing on humankind’s survival and therefore poses a pressing challenge that the global community must face together. Consequently, despite Taiwan’s special status in international politics and its exclusion from the United Nations Framework Convention on Climate Change (UNFCCC), the government has st...
2012-10-31 18:55
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