Like Vladimir Putin, China's leader is so steeped in a narrative of victimhood and fearful of appearing weak that it is hard to imagine him ever leading China out of the mess he has created. He could well be remembered as the leader who squandered history's most remarkable economic success story.
about the country's increasingly worrisome trajectory, both at home and abroad.
Artificial IdiocyFrank Rumpenhorst/picture alliance via Getty Images
Following the latest banking crisis, monetary authorities should seriously consider how modern digital technologies could be used to avert such problems in the future. A central bank digital currency would both eliminate many barriers to financial transactions and end the risk of bank runs once and for all.
explains how central bank digital currencies would end bank runs and banks' excessive risk-taking.
马尼拉—亚洲大部受温度急剧升高和几十年来最严重的旱灾的困扰。数百万人面临食物和水短缺,导致生命、生计、庄稼和牲口损失。水短缺拖累了生产率,降低了水电能源产出,减少了粮食出口,导致经济蒙受损失。
要想摆脱这一困境,我们必须将目光投向天空——但也许不是你预想中的方式。降雨当然是令人欢迎的,但有一种应对极端天气的工具我们其实已经能够有所控制:卫星。
亚洲所面临的极端天气预计不会很快消失。当前的旱灾部分可归因于异常强大的厄尔尼诺,拜其所赐,2015年年中以来太平洋海水一直在升温。本世纪预计还将出现更多更强的厄尔尼诺,反映出气候变化的冲击。这将加剧亚洲已然十分严重的水问题,拜快速城市化所赐,这一问题在城市尤其严重。预计到2050年亚洲地区城市人口将翻一番,达到32亿,届时近四分之三的总人口都将面临水压力。
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