Archive
China’s internet banking faces tightened regulations
China’s central bank is considering regulations that would curb the development of China’s internet banking innovation. Facing rising domestic financial risks, Chinese policy makers seem to be liberalizing the financial
Tamil Nadu awaits economic boost from investment
The southern state of Tamil Nadu, traditionally one of India’s strongest economic performers, had a trying year in 2013. New infrastructure projects and greater government transparency could generate significant economic
Part II of IV: Why economics, not politics, should steer energy subsidies
The first part in this series examined why energy subsidies still widely exist, despite a growing consensus arguing for their removal. This section will look at their economic cost and
Peru proposes deregulation for extractive industries
The Peruvian government recently proposed reforms to deregulate its extractive industries. The proposed deregulatory framework shows Peru’s desperation to sustain high levels of foreign investment. Since 2000, Peru’s economy has grown the
Obamacare enrollment date pushed back
Opponents of the new health care law in the United States are seeking to make the law too convoluted to be successful. For a law so fraught with delays and false
Will upcoming election affect Algeria’s economic reforms?
The Algerian government has promised economic reform ahead of Abdelaziz Bouteflika’s fourth run for the presidency on April 17. Few doubt that Bouteflika will win the election, but what will that mean
Ukraine crisis makes Russia look east
After Western leaders talked last week about penalizing Russia further, President Vladimir Putin asked for a diplomatic resolution on the Ukraine crisis. Yet, a Russian move towards ‘Eastern allies’ is still on the table.
Vietnam’s naval modernization could destabilize region
Vietnam’s recent military and naval modernization potentially puts it on a collision course with China. Aside from further destabilizing regional security, such tensions could scare off Chinese investors, a disastrous development
Part I of IV: Why energy subsidies still exist despite inefficiencies
GRI Series on energy subsidies: Despite resolve to remove them, governments around the world continue to subsidize energy production and consumption. This series explores why. At the G20 Leader’s summit