Showing 1-10 of 251 results
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Honour models for democracy
News, Editorial, Published on 18/12/2022
» Since the 1998 ouster of the dictator Suharto -- who ruled Indonesia with an iron fist for over three decades -- the world's fourth most populous nation has undergone a series of rapid changes. Once dependent on foreign aid to exercise its basic functions, Indonesia has firmly established itself as a major economic player in the Asia-Pacific region, with the distinction of being the only Southeast Asian economy to be included in the Group of 20.
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Will AI create more fake news than it exposes?
News, Tyler Cowen, Published on 08/04/2024
» The best large-language models can already write like humans, especially if prompted properly. Photos and images can be faked at low cost. Yet-to-be-released technology can create convincing voice simulations. There are signs that some academic papers contain traces of GPT-4. If even professors are faking it, then surely the dam has burst.
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The rise of consumer cryptocurrency
News, Published on 26/02/2024
» Since its inception with the launch of Bitcoin in 2008, blockchain technology has gone through numerous cycles of public attention. Over time, growing interest and investment in the best-known cryptocurrencies has led to greater acceptance, as highlighted by the US Securities and Exchange Commission's approval of a spot Bitcoin ETF (exchange-traded fund) in January. While blockchains and their associated "crypto" assets have yet to be adopted by a truly broad base of consumers, that is starting to change, owing to a shift in how these technologies are being used.
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Has McKinsey & Co finally become unleadable?
News, Published on 27/01/2024
» It's a big year for elections -- and that includes McKinsey & Co's poll to pick the Global Managing Partner for the next three years. As in so many elections, there's a difference between the skills needed to get the job and those required once elected.
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Don't rely on last year's trends for global economy
Oped, Published on 16/01/2024
» Behavioural economists have popularised the term "recency bias" to describe our tendency to be disproportionately influenced by the latest events compared to earlier ones. Could this cognitive phenomenon explain why numerous analysts have a rather optimistic tilt for the world economy in 2024? Or are there really positive trends counterbalancing the obvious and mounting challenges to global growth?
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Have we hit the limits to growth?
News, Published on 23/05/2022
» Fifty years ago this spring, one of the most influential books of the twentieth century was published. Written for the Club of Rome by Donella Meadows and colleagues at MIT, The Limits to Growth used new computer models to forecast an uncontrollable collapse in the global population and economy if prevailing patterns of environmental resource use and pollution continued. Exponential economic growth could not go on forever; at some point in the next 100 years, it would inevitably run up against Earth's finite environmental limits.
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A tale of liquidity and (too much) debt
Oped, Chartchai Parasuk, Published on 05/10/2023
» Before starting the article, I want to convey a message to the government. The message is "Nothing is free; everything has to be paid for". Acting like Santa Claus is nice, but the government should be aware that every handout gift comes with a price tag.
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The rise of political stress syndrome
Suwitcha Chaiyong, Published on 31/07/2023
» As Thailand's new government formation will significantly impact numerous people, most are following the matter closely. However, the effort to stay informed has caused stress to both supporters of pro-democracy parties and those in favour of the junta and conservative parties.
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Adam Smith 300 years later
Oped, Published on 30/06/2023
» This year marks the 300th anniversary of the birth of Adam Smith, the founding father of modern economics. It comes at a time when the global economy faces several daunting challenges.
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Consultancy 'warp' drive deepens crisis of capitalism
News, Published on 13/03/2023
» In recent years, McKinsey & Company has become a household name -- but for all the wrong reasons. One of the "Big Three" consulting firms, its work for major corporations and governments has increasingly become a source of scandal and intrigue around the world.
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