“Mistakes are our portals of discovery.” James Joyce
The China Model: a Civilizational-State Perspective
By Zhang Weiwei
China’s dramatic rise should be understood in the context of China as a civilizational state, i.e. an amalgam of the world’s oldest continuous civilization and a huge modern state which is a product of hundreds of states amalgamated into one over the past thousands of years of history. The state is characterized by four factors: a super-large population, a super-sized territory, a super-long history and a super-rich culture, which have in term shaped all the key features of China’s development model, with all its possible ramifications for the future trajectory of China and beyond.
Does China Want to Buy Up Europe? Europe’s Crisis and China’s Reluctant Rise
By Roland Benedikter and Jae-Seung Lee
In the occasion of Germany’s Angela Merkel’s visit to China on 3rd February 2012, Chinese premier Wen Jiabao stated that “China does not want to buy Europe”. While unusual in international diplomacy, Chinese officials obviously felt such a statement was needed to assuage concerns over potential Chinese investment in the Eurozone’s debt crisis. The fact that the Chinese government felt urged to underscore “that China doesn’t have this intention, and neither has the capacity” shed a light on the growing ambiguity of Europe-
China relationships.
Italy: A Consumer Story
Can we go on consuming as we do today, perhaps even more so? Would it not be better to devise a consumer model that is more thrifty and balanced, maybe on the lines of yesteryear?
Russia from the Fur Trade to Carbon Aristocracy
Russia’s geographical space was largely shaped by the fur trade. Oil and gas have been found in those very spaces that the medieval Russians colonized for their export of commodities. Russia’s problems are plentiful, and I believe that the dependency on oil and gas exports is an important source of many of them. However, I argue that a resource dependency far predates post-Soviet Russia and the Soviet Union. Combining ecological history of fur trade with political economy of what I call “carbon aristocracy”, this article explores the parallels and contrasts between two resource-bounded periods in Russia’s colonial history.
Corruption in India
By Bibek Debroy and Laveesh Bhandari
Corruption is most often defined as public corruption, corruption committed by public servants, sometimes also referred to as bureaucratic corruption. Most discussions of corruption in the economic literature also define corruption in this sense.1 Corruption in the private sector is increasingly regarded as an issue and perhaps India’s laws will also eventually capture this. But as of today, India’s corruption laws are mostly about public corruption.
Reshaping Tomorrow: What will India look like in 2025?
By Ejaz Ghani
What will India and the rest of South Asia look like in 2025? The optimistic view is that India will achieve double-digit growth rates. The pessimistic view is that growth will be derailed by structural and transformational challenges. Which of these two outlooks will prevail? What can be done today to reshape tomorrow?
ExecuJet Aviation Group meeting the development demands in Africa
Operating in an environment in which Africa is still recovering from the global recession, ExecuJet have a crucial role to play in ensuring business is picking up as efficiently as possible.
African Lions in the Making
Growth without structural transformation has proved to be unsustainable. Africa needs to diversify their economies if they want to become authentic economic lions.
Winning the Talent War in Emerging Markets: Women are the Answer
By Sylvia Ann Hewlett and Ripa Rashid
As global companies try to harness the growth and possibilities of emerging markets, the extraordinary energy, ambition and drive of BRIC women can provide a critical competitive edge.
EDITOR'S PICK OF THE WEEK
The Performance and Transformation Orchestrator: The CFO’s New Mandate in the Age of AI
By Terence Tse
CFOs are evolving into AI-driven transformation orchestrators, balancing finance, technology, and strategy while upskilling teams, managing risks, and driving measurable business value.
A key insight from this year’s AI for CFOs event, organized...
