Asia & the Pacific

223 Items

Protesters kneel

AP/Patrick Semansky

Analysis & Opinions - Foreign Policy

Revolutions Happen. This Might Be Ours.

| June 16, 2020

Stephen Walt writes that political institutions are not permanent phenomena: they are artificial human creations and only as enduring, adaptive, and effective as people make them. He hopes for a serious and sustained process of democratic change, one that respects the nobler features of the U.S. constitutional order yet addresses all the ways in which The United States has failed to live up to its own professed ideals. The alternative, he fears, will be something much more dangerous. 

Blog Post - Views on the Economy and the World

History Warns Us to Avoid a W-shaped Recession

| May 03, 2020

“Those who do not study history are condemned to repeat it.”  And the rest of us are condemned to repeat George Santayana.

Will the Coronavirus Recession of 2020 be V-shaped?  Or U-shaped?  If we fail to heed the lessons of history it is likely to be W-shaped, with incipient recovery followed by successive relapses into sickness and recession.

As has been widely noted, we would have been better prepared to cope with the Covid-19 pandemic in the first place if everyone had paid more attention to the past history of epidemics. Be that as it may, the world is now deep into the pandemic and its economic consequences, the most severe such events since the interwar period, 1918-1939.  As decision-makers in every country contemplate their next steps, they would do well to ponder the precedents of that interwar period.

German Chancellor Angela Merkel

AP/Markus Schreiber, Pool

Analysis & Opinions - The Washington Post

In a Global Emergency, Women are Showing How to Lead

| Apr. 21, 2020

Zoe Marks argues that to the extent that female heads of state are performing better than men against the coronavirus crisis, it's likely because women are expected to be — and have learned to be — more democratic leaders, more collaborative and more compassionate communicators.

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Analysis & Opinions - Global Policy

Factoring Pandemic Risks into Financial Modelling

| Apr. 01, 2020

Today’s economic crisis leaves us with an unsettling and perplexing regret. Why weren’t financial portfolios already adjusted for risks that stem from health events such as pandemics? After all, financial portfolios are adjusted for liquidity risks, market risks, credit risks, and even operational and political risks.