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Planning for Korean Reunification
August 16th, 2017, 05:25 PM

Like the fall of the Berlin Wall, a collapse of Kim Jong-un's regime in North Korea could happen quite suddenly. To prepare for that contingency, the United States and South Korea need to assure China that a reunified Korea would not be its enemy, and that American troops would not suddenly be stationed on its border.

The Wrong Way to Prevent Nuclear War
August 16th, 2017, 05:25 PM

A vast majority of countries want to eliminate the existential threat of nuclear catastrophe by ushering in a world free of nuclear weapons altogether. But as the current effort to push through a flawed nuclear-ban treaty shows, some solutions to the problem of nuclear weapons could do more harm than good.

The End of Asia’s Strategic Miracle?
August 16th, 2017, 05:25 PM
Asia's contemporary "economic miracle" rests on the fact that relative peace and order have been maintained in the region since the end of the Vietnam War. But the factors underpinning that stability have started to give way, which poses a serious threat to not just Asia, but the entire world.
A Trip Through Putin Country
August 16th, 2017, 05:25 PM

Russia's Baikal-Amur Mainline railway is not nearly as well-known as its much older rival, the Trans-Siberian Railway. But it is the BAM – a halcyon relic from the height of the Soviet Union – that offers a more useful window onto the mood among most Russians today.

Is Trump Killing the Dollar?
August 16th, 2017, 05:25 PM

For nearly a century, the US dollar has been viewed as the financial world’s ultimate safe haven. But after 200 days of chaos under US President Donald Trump, the value of the dollar has declined, and global investors and central banks have begun to look for alternatives in other markets.

We Weep for You, Venezuela
August 15th, 2017, 05:25 PM

President Nicolás Maduro’s government in Venezuela has dealt blow after blow to that country's democratic institutions. It is now incumbent on all countries, in Latin America and elsewhere, to speak up forcefully in defense of democracy and freedom, lest a new dictatorship be allowed to take hold in the region.

Decolonizing Western Sahara
August 15th, 2017, 05:25 PM

In 1975, the International Court of Justice recognized the Saharawi people’s right to self-determination, and found no ties of territorial sovereignty between Morocco and the territory of Western Sahara. Yet Morocco has been allowed to continue illegally occupying Western Sahara for over four decades.

Britain’s Road to Perdition
August 15th, 2017, 05:25 PM

The British political establishment is now converging on a form of Brexit that will satisfy neither the "Leave" nor the "Remain" camp. With this depressing prospect setting in, some are starting to wonder what it would take for Britons to change their minds about leaving the European Union.

Weathering the Violence of Climate Change
August 15th, 2017, 05:25 PM

Ongoing research has established that as global temperatures rise and droughts become more common, political agitation, social unrest, and even violence will follow. As world leaders grapple with the environmental effects of climate change, they also need to confront the direct threat that it poses to global security.

A Dangerous Game of Chicken
August 14th, 2017, 05:25 PM

The war between US President Donald Trump and North Korean dictator Kim Jong-un over the latter’s nuclear program has so far been fought only in words. But each turn of the rhetorical screw deepens the risk that, to paraphrase Winston Churchill, “jaw-jaw” could turn into “war-war.”

The Crown Prince’s New Clothes
August 14th, 2017, 05:25 PM

Eventually, the contretemps between Qatar and Saudi Arabia, Egypt, the UAE, Bahrain, Libya, Yemen, and the Maldives will end. But it remains to be seen if it will end well for its chief instigator, Saudi Arabia's newly established crown prince, Mohammed bin Salman.

A Regulatory Race to the Bottom?
August 14th, 2017, 05:25 PM

The United Kingdom's Financial Conduct Authority wants to relax listing conditions for state-owned issuers wishing to qualify for the London Stock Exchange Premium Listing Segment. But by offering valuable SOEs like Saudi Aramco preferential treatment, the FCA is putting institutional investors at serious risk.

Can South Korea Save the Day?
August 14th, 2017, 05:25 PM

As Kim Jong-un and Donald Trump's war of words escalates, Independence Day celebrations are unfolding across the Korean Peninsula. The occasion underscores not just the shared history between North and South Korea, but also the South’s unique qualifications to bring about a peaceful resolution to the current military standoff.

China’s “Double-Freeze” Con
August 13th, 2017, 05:25 PM
As the unprecedented exchange of white-hot rhetoric between Kim Jong-un and Donald Trump has escalated, China has proposed a “double freeze,” in which North Korea would freeze its nuclear activities in exchange for the United States and South Korea freezing joint military exercises. But that solution has two critical flaws.
A Greener Grid for East Asia
August 11th, 2017, 05:25 PM
After decades of overreliance on nuclear energy and fossil fuels, South Korea and Taiwan have announced plans to phase out or reduce their use in the coming decades. But while that is good news for the environment, the shift to renewable energy sources could actually be faster.
Brexit Down on the Farm
August 11th, 2017, 05:25 PM

Brexit no doubt carries many risks, but it may also carry a key opportunity: the possibility of building a more efficient, innovative, world-leading agricultural industry. Unfortunately, British policymakers are not on track to seize it.

Surviving America’s Political Meltdown
August 11th, 2017, 05:25 PM
The US political system is falling apart, with the Trump administration having proved unable to manage a domestic economic agenda or a coherent foreign policy. Understanding the sources of this collapse is critical to overcoming it.
The Deficit Tango
August 11th, 2017, 05:25 PM

Today, much of the world is fixated on current-account imbalances, with surplus countries demonized by deficit countries for supposedly hoarding demand, and deficit countries demonized by surplus countries for their supposed profligacy. But, while the preoccupation with imbalances is justified, the assumptions often underlying it are not.

The Mexican Paradox
August 10th, 2017, 05:25 PM
After a series of macroeconomic crises in the mid-1990s, Mexico undertook bold reforms, from liberalizing its economic policies to investing in education. But, while these efforts brought some benefits, they failed to spur significant productivity and economic growth.
Awaiting the Construction Revolution
August 10th, 2017, 05:25 PM
For 20 years, productivity in the global construction industry has grown at an annual rate of just 1%. That must change, in order to meet increasing demand for new structures and address the world’s growing housing and infrastructure gaps.