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China & East Asia

Toward a more balanced global growth?

Six years after the start of the Great Recession of 2008-09, the outlook for the world economy now looks relatively optimistic, albeit amid some new risks and challenges. Following years of balance sheet adjustment and policymakers…

Asia Needs to Reform to Rise

Asian economies are weathering the present global crisis but long-term gains will be possible only if governments use the opportunity to carry out more reforms. It has been almost exactly two years since Bear Stearns  & Company ignited…

La seconda era nucleare e il caso nordcoreano

Siamo – alla fine di questo primo decennio del XXI secolo – a un vero e proprio “Cassandra Crossing”, a un incrocio pericoloso. Per ragioni di sicurezza, dovremmo cercare di limitare drasticamente, visti i rischi post 11 settembre, la…