China’s Rise in Global Robotics: Toward Consolidation

China’s Rise in Global Robotics: Toward Consolidation

photo: Tecnalia Chinese robotics is positioned for leadership in global robotics, as the emerging industry is moving toward increasing rivalry and consolidation. In the new and emerging industry, the rise of innovative robotics startups heralds the future. In 2016, almost 130 companies were funded by venture capital, including China-based RooBo, Israeli Roboteam, and German ReActive Robotics. […]

Iran Struggles to Sustain its Economic Recovery

Iran Struggles to Sustain its Economic Recovery

photo: s1ingshot Introduction. On the eve of the Iranian presidential election in May, Iranian President Rouhani has much to feel good about. Thanks to his tireless efforts, Iran’s economy has moved from a recession in 2015/2016 to 7.4% GDP growth in the first half of 2016/2017. But U.S. President Trump’s opposition to the nuclear agreement could […]

Beyond the Ballot: Turkey’s Economy at the Crossroads

Beyond the Ballot: Turkey’s Economy at the Crossroads

Turkey has been approaching a crossroads for some time now. Soon enough it will have to choose a direction. On April 16, 2017 Turks will vote in a referendum on President Recep Tayyip Erdogan’s proposed constitutional amendment that would shift the country’s power center from a parliamentary system to a presidential one. If successful, not […]

Return of Sovereign France- Europe’s Changing Landscape

Return of Sovereign France- Europe’s Changing Landscape

photo: Nathan Hughes Hamilton  In France, President Hollande’s utter failure to foster broad consensus for structural reforms has paved the way for a contested election. While public debate focuses on Emmanuel Macron as the savior of France, the real story is that Marine Le Pen’s agenda has shifted the French political landscape. Before TV debates, the […]

The Incidence of the Border Tax – EU Multinationals Win, US Multinationals Lose

The Incidence of the Border Tax – EU Multinationals Win, US Multinationals Lose

  photo: GotCredit The destination based cash flow tax (DBCFT) with border tax adjustment (BTA) as outlined in the so-called Ryan blueprint[1] (named after its main proponent Rep. Paul Ryan) is perhaps the most exciting policy proposal of the last decade – and it is certainly the least understood. There is a wide variety of contradictory […]

The Role of Fiscal Policy When Private Debt is High

The Role of Fiscal Policy When Private Debt is High

  photo: familytreasures Excessive private debt is a major headwind against the global recovery. Where fiscal space is available, a more active role of fiscal policies can facilitate an orderly private deleveraging while minimizing its output costs. However, fiscal policy cannot do it alone; it has to be supported by complementary policies within credible frameworks. Globally, […]

Inaction on Healthcare Prices is the Fatal Flaw that Dooms the ACHA to Failure

Inaction on Healthcare Prices is the Fatal Flaw that Dooms the ACHA to Failure

photo: Tax Credits Republican reformers have repeatedly promised affordable healthcare for all Americans — doubly affordable, in fact. They promise to put premiums and out-of-pocket costs within reach of low- and middle-income consumers, and at the same time, that the plan will be affordable to the federal budget, even given the constraints their most conservative members […]

Le Pen-ization of France: Europe’s Changing Landscape

Le Pen-ization of France: Europe’s Changing Landscape

photo: Dennis Jarvis In France, President Hollande’s utter failure to foster broad consensus for structural reforms has paved the way for the most contested election in decades. While public debate focuses on the 2nd round winner, the real story is that Marine Le Pen’s agenda has already shifted the French political landscape. In recent polls, the […]

The Emerging Market Economies and the Appreciating Dollar

The Emerging Market Economies and the Appreciating Dollar

photo: Chris Palmer U.S. policymakers are changing gears. First, the Federal Reserve has signaled its intent to raise its policy rate several times this year. Second, some Congressional policymakers are working on a border tax plan that would adversely impact imports. Third, the White House has announced that it intends to spend $1 trillion on infrastructure projects. How all these measures affect […]