Nabil Fahmy, a former foreign minister of Egypt and former Egyptian ambassador to the US and Japan, is Dean of the School of Global Affairs and Public Policy and Professor at the American University in Cairo (AUC).
Paul Farmer is the co-founder of Partners in Health, Professor of Global Health and Social Medicine at Harvard Medical School, and Chief of the Division of Global Health Equity at Brigham and Women’s Hospital.
Roger E. A. Farmer is Professor of Economics at the University of Warwick, Distinguished Emeritus Professor of Economics at UCLA, Management team and Hub Leader for Rebuilding Macroeconomics, and the author of Prosperity for All: How to Prevent Financial Crises.
China has begun to build a parallel international order, centered on itself. If the European Union aids in its construction – even just by positioning itself on the fault line between China and the United States – it risks toppling key pillars of its own edifice and, eventually, collapsing altogether.
Now that the old rules governing macroeconomic cycles no longer seem to apply, it remains to be seen what might cause the next recession in the United States. But if recent history is our guide, the biggest threat stems not from the US Federal Reserve or any one sector of the economy, but rather from the White House.
Amid much discussion of the challenges facing the Chinese economy, the line-up of usual suspects typically excludes the most worrying scenario of all: popular unrest. While skeptics would contend that widespread protest against the regime and its policies is unlikely, events elsewhere suggest that China is not immune.
From Beirut to Hong Kong to Santiago, governments are eager to bring an end to mass demonstrations. But, in the absence of greater institutional responsiveness to popular grievances and demands, people are unlikely to stay home.