Wanna support American workers? Buy imports. So says a new report, which claims that a cheap, robust imports marketplace not …
Asia
The Real Reason to Worry About China
The world is worried about China, but not for the right reasons. Global financial markets were roiled after the world’s second largest economy notched only a 7.7% boost to GDP in the first quarter — a drool-worthy performance …
We’re #1! Toyota and Ford Bicker About Who Has the World’s Best-Selling Car
It’s a battle for bragging rights, with two automakers saying they each had the world’s best-selling car model last year. Can they both be right?
A Yen for Cash: How the Bank of Japan Could Threaten the Global Economy
Japan has been an experiment in economics ever since its crushing defeat at the end of World War II. First, Tokyo employed inventive techniques to rebuild its economy and wealth — the export-led, state-directed system in which …
Can China Escape the Middle-Income Trap?
It’s easier to jump from a very poor country to a middle-income nation than it is to advance from that middle-income status to the ranks of the truly developed. China must make the leap
Is Asia Heading for a Debt Crisis?
Amid worries of Asia’s rising debt, an HSBC study notes that, based on ratios of bank credit to GDP for the region, “leverage is now higher than at the peak before the Asian crisis in 1997”
The Great Central-Banking Experiment: Will Unlimited Cash Solve Problems or Cause Them?
The Bank of Japan folded as easily as a hot slice of New York pizza. After a few weeks of pounding by newly installed Prime Minister Shinzo Abe, the BOJ’s (officially independent) managers capitulated on Jan. 22 to his demands …
Will Japan’s New Prime Minister Start a Debt Crisis?
History tells us that Abe’s archaic slate of policies won’t solve what ails Japan
Forget the Fiscal Cliff: Why Obama Is in Asia
It might seem strange that newly re-elected President Barack Obama has chosen this moment to jet off to Asia. After all, he’s left a mess of problems back home. The White House is in the midst of tense negotiations with …
India vs China: Which Has a Bigger Reform Challenge?
Both India and China are in the middle of their worst economic slowdowns in many years. If IMF projections for 2012 prove accurate, China’s GDP will advance at the slowest pace since 1999, and India’s at the slowest pace …
At World Economic Forum, Indian Business Elites Fret Over Their Country’s Future Growth
At the World Economic Forum summit in the environs on New Delhi, a TIME-sponsored panel explored how India’s economy can be reinvigorated and made more inclusive in the decades to come.
Can China’s New Leader Prevent an Economic Crisis?
If Xi Jinping doesn’t boldly reform the Chinese economy, its future won’t be as bright as its past.
