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Learning from Asia: How to Handle Coronavirus Economic Recessions

(PONARS Eurasia Commentary) It is clear by now that several East Asian responses to the coronavirus scourge have been extremely efficient, especially in China and South Korea. Now, countries elsewhere hit…

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Does the Middle East Have What it Takes to Progress?

(The Wire) (Co-authored with Jomo Kwame Sundaram) Many of the MENA countries have the needed pre-conditions to accelerate future economic growth – natural and human resources, strong state…

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Free Trade’s Diminishing Returns

(Project Syndicate) (Co-authored with Jomo Kwame Sundara) In its May 2010 “Global Survey,” McKinsey & Company reported that, “the core drivers of globalization are alive and well.” In an April 2014 report, the…

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New Policy Memo: Is the Russian Economy Finally Tilting East?

In 2012, Russia exported 550,000 barrels of oil per day (bpd) to tiny Netherlands, but less than 500,000 bpd to China (Figure 1). According to the “gravity model” of trade,…

Is the Russian Economy Finally Tilting East?

In 2012, Russia exported 550,000 barrels of oil per day (bpd) to tiny Netherlands, but less than 500,000 bpd to China (Figure 1). According to the “gravity model” of trade,…

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New Memo: Will the Russian Economy Accelerate in 2015?

Paradoxically, some healthy economic developments occurred in Russia in 2014 owing to its conflict with the West and the decline in oil prices. The “forced” reversal of some mistaken economic…

Will the Russian Economy Accelerate in 2015?

Paradoxically, some healthy economic developments occurred in Russia in 2014 owing to its conflict with the West and the decline in oil prices. The “forced” reversal of some mistaken economic…

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Why “Capital in the 21st Century” is a Bestseller

Thomas Piketty, a French economist specializing in wealth and income disparity trends, stated his view quite clearly in his 2014 book, Capital in the 21st Century. Whether we like it…

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How the Soviet Elite Lost Faith in Socialism in the 1980s

In 1919, Lenin wrote, “Productivity of labour is the most important thing for the victory of the new social system…Capitalism can and will be utterly vanquished by socialism creating a…

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A Brief Look at Russian Economic Nostalgia and the “Equal Opportunity” vs. “Income Equality” Debate

Over the past half year, Russia-watchers have been parsing the country’s draw toward its Soviet past. Could an underlying part of this nostalgia involve the benefits of socialist economics? The…

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Learning from Asia: How to Handle Coronavirus Economic Recessions

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New Policy Memo: Is the Russian Economy Finally Tilting East?

Is the Russian Economy Finally Tilting East?

New Memo: Will the Russian Economy Accelerate in 2015?

Will the Russian Economy Accelerate in 2015?

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How the Soviet Elite Lost Faith in Socialism in the 1980s

A Brief Look at Russian Economic Nostalgia and the “Equal Opportunity” vs. “Income Equality” Debate