If the United States can begin to repair its human capital base and forge new alliances for the 21st century, it can strengthen — with the aid of demographics — Pax Americana for generations to come.
The key to meeting the kingdom’s home ownership target lies in more women getting jobs – and mortgages.
US policymakers would make a grave mistake to dismiss the emerging market economies’ diminishing economic prospects as an event occurring abroad with little likely impact on the US economy.
If India were a vehicle, under Congress it lacked an accelerator. Under the BJP, it lacks brakes.
The US and the EU are in no position to compete with the amount or the immediacy of financial support that the Gulf Arab states can offer. But for emerging markets, today’s windfall is tomorrow’s institutional challenge.
The US must rescue Central America from organized crime networks—using financial sanctions, law enforcement cooperation, security assistance, and development programs to defend democracy, the rule of law, and honest commerce.
Through the economic activities bundled under the Belt and Road, Beijing is pursuing a vision of the 21st century defined by great power spheres of influence, state-directed economic interactions, and creeping authoritarianism.
The International Investment Bank’s relocation to Budapest represents a blatant effort to plant the Kremlin’s flag in the heart of Europe.