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Climate Change: What It Means for Us, Our Children, and Our Grandchildren

By J. F. C. DiMento, P. Doughman and S. Levesque

Most of us are familiar with the terms climate change and global warming, but not too many of us understand the science behind them. Below, Joseph F. C. DiMento, Pamela Doughman, and Suzanne Levesque discuss the scientific knowledge about global climate change, describe how it will affect all of us, and suggest how government, businesses, and citizens can take action against it.

Shock from Graying: Are Grandparents Responsible for the Weakening of Monetary Policy Effectiveness?

By Patrick Imam

Patrick Imam explores how a population with an ageing demographic requires certain monetary policy in order to be effective in the post-crisis era. Factors that will need to be taken into consideration, he argues, include the structural transformation in the credit market, and changes in the way monetary policy affects the expectations of businesses and consumers.

The Constitution of Risk

By Adrian Vermeule

How should we approach legal decisions regarding private property for public use? How can constitutional risk be managed in order to maximise the benefits? In this article adapted from the author’s book The Constitution of Risk, Adrian Vermeule explores such questions, looking at the role of constitutional risk within free market development, financial regulation, and how constitutional rulemakers are able to optimise strategy in these fields.

September – October 2014

Luxury Brands Need to Chart a Course into New Frontier Markets

By Glyn Atwal and Douglas Bryson

The progressively unpredictable dynamics of the BRIC markets are now challenging luxury brands to rethink their global market strategies. Below, Glyn Atwal and Douglas Bryson argue that as luxury brands seek to adapt to new market circumstances, attention has begun to shift to new frontiers.

Alibaba IPO: Just How Big Is China’s E-Commerce Growth?

Malala Yousafzay and Kailash Satyarth awarded Nobel Peace Prize

The Rise of the Petroyuan and the Slow Erosion of Dollar Hegemony

By Flynt Leverett and Hillary Mann Leverett

For seventy years, one of the critical foundations of American power has been the dollar’s standing as the world’s most important currency. For the last forty years, a pillar of dollar primacy has been the greenback’s dominant role in international energy markets. Today, China is leveraging its rise as an economic power, and as the most important incremental market for hydrocarbon exporters in the Persian Gulf and the former Soviet Union to circumscribe dollar dominance in global energy—with potentially profound ramifications for America’s strategic position.       

      

Internationalising Media Studies

By Daya Thussu

For hundreds of years the West has dominated the world of Media Studies, but Daya Thussu is about to prove to us that countries such as China and India are fast becoming a challenge to the Western hold on the world of Media Studies.

Brazil: Shaping a New Strategy for Global Trade & Investment

By Marcos Troyjo

Brazil’s economic strategy is the expression of an approach that is mostly insular, privileging through every angle its domestic market over a more incisive interaction with the global economy. Below, Marcos Troyjo argues that becoming more of a big player in the global economy would definitely represent a major change for Brazil, which has traditionally looked to its domestic market as the driver of growth.

EDITOR'S PICK OF THE WEEK

China economic growth

China’s Challenging Search for a New Model of Economic Growth

By Danny Leipziger China cannot continue to rely on exports to drive its growth, but what are the alternatives? China ran a $1.2 trillion trade surplus last year, and despite admonitions from the IMF to rely...

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