Wednesday, July 30, 2014
  1. China’s Bad Dream

    Gene Frieda

    China’s Bad Dream


     warns that rising debt levels are threatening China's long-term economic prospects.

    nznationalparty nznationalparty/Flickr

    Since his first address as China’s president last year, Xi Jinping has been espousing his goal of advancing the so-called Chinese Dream. But the imperative of addressing the unprecedented amount of debt that China has accumulated in recent years is testing Xi’s resolve – and his government is blinking. READ MORE

  2. The Non-Eclipse of America

    Norton A. Schwartz

    The Non-Eclipse of America

    &  highlight the United States' enduring leadership in international business.

    Business Man at Airport Jason Mrachina/Flickr

    The creation of a new international development bank by Brazil, Russia, India, China, and South Africa – the so-called BRICS – is just the latest challenge to America’s global leadership. But, from an international business perspective, the US remains in a strong position. READ MORE

  3. After the Dollar

    José Antonio Ocampo

    After the Dollar


     promotes the IMF's Special Drawing Rights as a global reserve currency.

    Dollar Bills Earl/Flickr

    China’s rise has made the world increasingly disinclined to tolerate the instability caused by a US dollar-denominated system. The solution, however, lies not in replacing the dollar with the renminbi, but in strengthening the role of the world’s only truly global currency: the IMF’s Special Drawing Rights. READ MORE

  4. The Fed in Denial

    Simon Johnson

    The Fed in Denial


     is not sure that America's central bank knows how to protect its independence.

    Janet Yellen Bao Dandan/ZumaPress

    Senior US Federal Reserve officials seem to have slipped back into their pre-2008 ways, ignoring concerns about dangerous financial-sector behavior. That is not only unfortunate; it is also dangerous, because the Fed’s political position is much more precarious than its leadership seems to realize. READ MORE

  5. The Trade Delusion

    Adair Turner

Focal Point

228 pages
228 pages

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