Monday, January 26, 2015
  1. Emperor Xi’s Dilemma

    Chris Patten

    Emperor Xi’s Dilemma


     argues that the success of China's anti-corruption drive presupposes a more open society.

    Chinese President Xi Jinping Li Xueren/ZumaPress

    China has increasingly sought to project the success of its markets-and-mandarins development model. But, as China’s economy slows this year, President Xi Jinping is likely to discover that there really is a link between a society’s openness and the sustainability of its economic success. READ MORE

  2. Managing North Korea’s Collapse

    Kent Harrington

    Managing North Korea’s Collapse

    &  urge China, South Korea, and the US to plan ahead – before events in Pyongyang force their hands.

    Kim Jong un binoculars North Korea Kcna/Xinhua/ZumaPress

    With signs pointing to mounting turmoil among North Korea's ruling elite, the time has come for China, South Korea, and the US to define their roles should the Kim regime collapse. While the US would be required to intervene in any military confrontation, South Korea is well equipped to take the lead should the end come peacefully. READ MORE

  3. The New Normal in China’s Cities

    Andrew Sheng

    The New Normal in China’s Cities

    & 1

    &  show why a commitment to market-driven growth must be fulfilled largely at the local level.

    Shanghai China Jerry Ang/Flickr

    Decades of rapid urbanization in China created clusters of knowledge, manufacturing, and distribution in areas that benefited from well-established links to the global economy. Now, China is shifting toward a "new normal" – one in which cities will play an even greater role. READ MORE

  4. Still No Exit for Greece

    Kemal Derviş

    Still No Exit for Greece


     says that a Greek default would lead to severe political repercussions, if not financial contagion.

    Greek exit sign MPD01605/Flickr

    Greece's next government is likely to be led by the left-wing Syriza party, which plans to reject austerity and demand significant debt reduction. But the next government and its European creditors need to compromise, with Greece pursuing growth-promoting structural reforms in exchange for the fiscal space needed to allow the reforms to work. READ MORE

  5. The End of Republican Obstruction

    Jeffrey Frankel

    The End of Republican Obstruction


     attributes the US recovery in 2014 to the GOP's decision to stop actively impeding it.

    Boehner and Pelosi Bao Dandan/ZumaPress

    Leaders of America's Republican Party have switched from blaming President Barack Obama for a bad economy to demanding that they get credit for a good one. In a sense, they have a point: A year in which they stopped actively impeding economic recovery turned out to be a year in which growth in output and employment picked up. READ MORE

The Loss of Order

265 pages
265 pages

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