Is Global Climate Change Good for Business?

Is Global Climate Change Good for Business?

In addition to increasing temperatures and rising sea levels, global climate change represents a complex exercise for the great majority of businesses, which must frame the meaning, the costs, and the business and investment opportunities associated with this ongoing phenomenon. For a large number of companies, action on climate change is embedded in some version […]

The Brazilian Debt Hangover

The Brazilian Debt Hangover

In previous pieces, we have analyzed the run up to the still-ongoing Brazilian recession as a combination of factors. Given an “anemia” of productivity increases, an appetite for public spending without prioritization led to a condition of fiscal “obesity”. The external factors that provided for a boom in the new millennium, notwithstanding underlying vulnerabilities, have […]

Trumping World Trade

Trumping World Trade

After the inauguration, President Trump has begun to reset the White House trade policies. But the consequences of “America First” stance in world trade are wrought with threats. Recently, President Xi Jinping gave a strong speech about the need for more inclusive globalization at Davos. World trade is a case in point. In 2015, world […]

Will Hyper-Digitization Drive The Next Industrial Revolution?

Will Hyper-Digitization Drive The Next Industrial Revolution?

photo: Ronaldo Lima, Jr. The next wave of smart technologies—from the Internet of Things and wearables to robotics, and artificial intelligence—will boost worker productivity, reinvent business, and add trillions of dollars to worldwide GDP growth. Research recently conducted by Roubini ThoughtLab and Cognizant’s Center for the Future of Work estimates that these smarter technologies will turbo-boost […]

The Story of the U.S. Regime Change Plan in the Philippines

The Story of the U.S. Regime Change Plan in the Philippines

photo: Brian Evans As long-needed economic reforms are taking off in the Philippines, regime change plans have been prepared in the US State Department against a democratically-elected president who enjoys very high popular support.    During the Philippine presidential campaigns in spring 2016, U.S. Ambassador Philip Goldberg sided visibly with anti-Duterte forces, which led to several […]

The Changing Fortunes of the Renminbi and the Dollar

The Changing Fortunes of the Renminbi and the Dollar

Photo Last fall the International Monetary Fund announced that China’s currency, the renminbi, would be included in the basket of currencies that determine the value of the IMF’s reserve asset, the Special Drawing Right (SDR). The IMF’s statement appeared to confirm the rise in the status of the currency that could at some point serve as an […]

Philippines 2017 Or the Year of Living Dangerously

Philippines 2017 Or the Year of Living Dangerously

photo: Nicolas Raymond As President Duterte is rebalancing the Philippines’ economic and strategic policies, Washington is preparing plans for regime change. What the country needs is economic development, says Dan Steinbock – not geopolitical friction. After the election triumph of President Rodrigo Duterte, the Philippines has initiated a series of economic reforms to accelerate development, decentralize […]