Even before the outbreak of Covid-19, the level of global debt was high by historic standards. According to the Institute of International Finance, by late 2019 global debt (including private and public debt) was more …
Tag Archive for: "East Asia"
In February 1937, the Gloster Gladiator biplane entered service with the Royal Air Force. It was already obsolescent; Hawker Hurricanes began operational service late that year. Gladiators were effective early in World War II, but …
Over the past decade, China has taken an increasingly muscular approach to relations with East Asian countries. But in recent months—despite some hiccups in the South Pacific—it has surprised its neighbours with a charm offensive. …
The key strategic issue in East Asia is the rise of Chinese power. Some analysts believe that China will seek a form of hegemony in East Asia that will lead to conflict. Unlike Europe, East …
At the World Bank Group’s annual meetings in Washington DC in October, there was notable optimism in anticipation of an upswing in the global economy. The International Monetary Fund’s latest World Economic Outlook projects that …