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Curated by Project Syndicate

Asia’s Stumbling Giant

3 commentaries

India’s economy is slowing sharply, with GDP growth lagging well behind other major Asian economies in the second quarter of this year.  How can India achieve – and sustain – the Chinese-style rates of growth that Prime Minister Narendra Modi promised when he came to power? 

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  1. Reviving India’s Economy
    Overcrowded bus at Mumbai Hindustan Times/Getty Images

    Reviving India’s Economy

    Sep 19, 2017 Kaushik Basu proposes policies to address the short- and long-term impediments to growth.

  2. The Changing Face of Work in India
    India unemployment Indranil Mukherjee/Getty Images

    The Changing Face of Work in India

    Jul 17, 2017 Rakesh Mohan & Anu Madgavkar argue that official data fail to capture the structural shift in the country's labor market.

  3. Maintaining Growth in a Fast-Aging Asia
    crowd china street Stefan Irvine/LightRocket/Getty Images

    Maintaining Growth in a Fast-Aging Asia

    May 24, 2017 Changyong Rhee warns that powerful demographic headwinds could undermine the region's economic prospects.

  1. elerian151_ Scott OlsonGetty Images_inflation Scott Olson/Getty Images

    The Cost of the Fed’s Challenged Credibility

    Mohamed A. El-Erian interprets the latest market tumult as the price of delaying monetary-policy tightening for too long.
  2. roach143_Drew AngererGetty Images_jerome powell Drew Angerer/Getty Images

    Core Dangers for the Fed and China

    Stephen S. Roach

    Just as a fixation on core inflation can mislead central banks, as it has done with the US Federal Reserve, the power of a “core leader” like China’s Xi Jinping is a recipe for misdirected and ultimately unsustainable policy regimes. The very notion of a core adds a false sense of precision when addressing complex problems.

    thinks the US central bank and Chinese governance share a conceptual weakness leading to major policy blunders.
  3. haldar13_Jens Büttnerpicture alliance via Getty Images Jens Büttner/picture alliance via Getty Images

    Amazon’s Satanic Mills

    Antara Haldar sees recent unionization efforts as a welcome response to an unethical and inhumane business model.
  4. asadullah12_SAEED KHANAFP via Getty Images_malaysia migration SAEED KHAN/AFP via Getty Images

    Asia’s Captive Market for Migrant Labor

    M. Niaz Asadullah highlights how an entrenched alliance of politicians, bureaucrats, and business elites is exploiting workers.
  5. sheng129_ROSLAN RAHMANAFP via Getty Images_asean cooperation ROSLAN RAHMAN/AFP via Getty Images

    In Search of a Development Plan for Asia

    Andrew Sheng & Xiao Geng argue that bottom-up institutions – not top-down strategies – are the key to regional integration.
  6. emmott_Antonio MasielloGetty Images_meloni Antonio Masiello/Getty Images

    Giorgia Meloni’s Moment

    Bill Emmott sees little difference between the Brothers of Italy’s program and that of recent right-wing governments.
  7. strain5_(Kent Nishimura  Los Angeles Times via Getty Images_school Kent Nishimura / Los Angeles Times via Getty Images

    America’s Education Emergency

    Michael R. Strain calls for urgent action to make up for pandemic learning loss in light of dismal new test scores.
  8. velasco129_DANIEL LEALAFP via Getty Images_kwasi kwarteng DANIEL LEAL/AFP via Getty Images

    God Save the Pound?

    Andrés Velasco explains why sterling is plummeting when economic theory says it should be soaring.
  9. leonard82_YASUYOSHI CHIBAAFP via Getty Images_ukraine long war YASUYOSHI CHIBA/AFP via Getty Images

    Preparing for the Long War

    Mark Leonard thinks Europeans should plan for a prolonged conflict despite Ukraine’s recent gains.

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