Geo-economics

History rhymes on Greek debt
Just about everyone agrees that the Greek problem has been kicked down the road again, and probably not even very far.  The fantasy nature of the 'agreekment' is clear. Let's put…
Russia gives way to China in BRICS and SCO
This month saw a super summit of two organisations that are significant for both Russia and China. The 7th BRICS summit and 15th Shanghai Cooperation Organisation (SCO) summit,…
Peak box? Global container trade is slackening
In a little-noticed interview, the chief of Panama's Canal Authority concedes that 'the world and the canal were unlikely to ever again see the booming container trade that…
BRICS New Development Bank moves ahead quietly
While Beijing's Asian Infrastructure Investment Bank (AIIB) has won overwhelming support (to the surprise of many, including China itself), another bank headquartered in China…
Still debating inequality, 40 years on
Thomas Piketty's Capital in the Twenty-first Century put inequality centre-stage in the economic debate. But the topic has been around for a long while. Brookings has recently…
China-Russia: An uneasy friendship
The China-Russia relationship is the world's most important, and the best between any two great powers, Xi Jinping told Vladimir Putin a couple of years ago. Last week, at the…
China's dangerous cyberwar strategy
There's an 'Uber for X', goes the little ditty, celebrating the ubiquitous infiltration of the online 'sharing economy.' It seems Uber's business model can be turned to virtually…
China's economic march into Pakistan
The China-Pakistan Economic Corridor (CPEC) is nothing short of a 'fate changer', said Pakistani Federal Minister Ahsan Iqbal, the man behind the historic project. The excitement…
Negative interest rates: We are flying blind
We live in strange economic times. Depositors in Denmark are paying interest to their banks and borrowers are being paid when they take out a loan. The basic principles of finance…
Julie Bishop goes to Tehran
To everyone's surprise, it was announced on Monday that Australian Foreign Minister Julie Bishop intends to travel to Tehran in April 2015. The visit isn't about the nuclear…