The World This Week: Trade is Good, But Not For Everyone

June 12, 2015

Not everyone wins in trade, and winners have to compensate losers who might end up selling sex or worse to survive. Adam Smith is the patron saint of the modern world economy. Venerated as the father of capitalism, he is little read and even less understood. In his view, man has a “propensity...

New Zealand: Between Two Great Powers

February 23, 2014

New Zealand must tread carefully between China and the US. US-China relations will play a key role in shaping the Asia Pacific in the 21st century. Meanwhile, New Zealand faces the challenge of harnessing its improved ties with both superpowers to bolster forces of integration over those of...

The Zero Problem Effect: Turkey’s Neoliberal Fear (Part 2/2)

November 17, 2013

Turkey’s reconfigured relations with Syria are part of a broader regional strategy. Under the influence of current Foreign Minister Ahmet Davutoglu, who previously served as an AKP advisor for many years, Turkey began to pursue numerous policies aimed at fostering...

On the Failure of the Iranian Sanctions

April 27, 2013

Iranians have become adept at circumventing economic sanctions which, even if perfectly implemented, would be unlikely to stop Iran’s nuclear aspirations. Diplomacy is the only viable solution. In light of Senator Chuck Hagel’s appointment as US Secretary of Defense, the issue of Iran...

Dubai: The Global Village

April 10, 2013

The ruler of the Emirate of Dubai has created a model city — a near fantasy land that rightly features many aspects of a global village. Calling Dubai a miracle in its current unique example of an open and modern international city, would not be too far-fetched. The transformation of the...

China and India: Relations Between the Two Asian Giants

February 14, 2013

It is time for the two Asian giants to improve their relationship. Background China and India are home to two of the world’s oldest civilisations. They share a long land border but remain separated by the Himalayas. Yet, they have managed to interact with each other across the snowy...

A Way Out of Aid Chaos in Afghanistan

August 09, 2012

Afghanistan is in need of a sustainable economic development strategy in order to be able to move forward.      It is hardly possible to address the economic situation of Afghanistan without equally considering its security and political situation as this overshadows the social...

Trade Games: Pakistan Grants Most Favoured Nation Status to India

August 09, 2012

While the debate over according India the Most Favoured Nation (MFN) status rages on in Pakistan, the possible implications for both countries cannot be predicted so early on. A lot more needs to be done in order for the trade to be liberalized. The Most Favoured Nation...