Showing 1 - 3 of 3
China takes enlightened approach to technology
News, Michael Schuman, Published on 28/04/2017
» Amazon's Jeff Bezos has made a career of being first in e-commerce. But in one critical area, he's falling behind -- thanks to Washington. While Mr Bezos has been eager to deliver orders to customers in the United States with drones, Amazon's efforts have so far been stymied by outdated regulations.
Anti-trade policies would make the poor poorer
News, Michael Schuman, Published on 25/01/2017
» Without question, the most exciting economic story of the past half century has been the dramatic, and probably unprecedented, decline in global poverty. In a recent study, the World Bank estimated that in 2015, just over 700 million people remained trapped in desperate poverty, or 9.6% of the world's population. Those sound like big numbers until you compare them to 1990, when nearly two billion people languished in poverty -- a staggering 37% of the global populace. Such progress has raised the real possibility that extreme poverty can be eradicated in the not-too-distant future.
China needs to eliminate its market contradictions
News, Michael Schuman, Published on 11/01/2016
» Another tumultuous week for China's stock markets has dealt yet another blow to global confidence in Beijing's policy makers. Each tripped circuit-breaker and policy reversal has underscored the inherent contradiction China faces -- between the leadership's desire for the certainty of state control and the benefits of free markets.