• The Heritage Network
    • Resize:
    • A
    • A
    • A
  • Donate
  • India Chooses Poverty

    When Indian officials are pressed about their failed policies, they typically talk about their nation’s fundamentals still being sound. Most observers (even most critics) accept this, but what if India’s fundamentals were, in fact, deteriorating? Recent policy failures have expanded to include a long delay in the Land Titling Bill. … More

    What Japan's Tax Debate Is Really About

    A major political struggle in Japan is coming to a head this week, one that could empower the current government or ultimately bring it down. The battle is ostensibly about economic policy but is mostly about politics, as the policy in question is largely symbolic. When the government’s survival may … More

    Boost for the U.S. and the Trans-Pacific Partnership

    The G-20 meetings in Mexico over the weekend might actually have accomplished something. Mexico was today invited to join the nine countries, including the U.S., currently negotiating the Trans-Pacific Partnership (TPP), an investment and trade agreement. If nurtured properly, this development has the potential to improve the global trading system. … More

    Economic Leadership Starts at Home

    China is taking over the world! A lot of people believe this. And a few very smart people point to China as being a huge external creditor as a main reason. These people have a point about China’s growing influence, but it is a much exaggerated one. The world’s top … More

    Between the Lines in China

    There is a lot going on in China today, this week, this month, this year. There’s internal Chinese politics. There’s U.S.–China politics. There’s concern about the Chinese economy. There are hints of possible economic reform. Amid all the shouting, something is happening low on the radar that could turn out … More

    China Not Yet Rebalancing

    China has the world’s second-largest GDP, the world’s largest monetary base, and the world’s largest foreign exchange reserves. Its large internal and external economic imbalances can matter a great deal to the global economy. There are claims China is now rebalancing. It isn’t. Claims of rebalancing are based on the … More

    China's Premier Is Not a Reformer

    Both The Washington Post and the Financial Times have more front-page stories today on the seemingly endless saga of the fall of senior Chinese Communist Party official Bo Xilai. These particular two stories claim that Bo’s ouster has boosted China’s economic reformers, led by Premier Wen Jiabao. This is a … More

    India's Latest Scandal: $210 Billion of Nonsense

    Two years ago, the United States Department of Defense “discovered” mineral deposits in Afghanistan—gold, iron, copper, cobalt—that it claimed were worth almost $1 trillion. Actually, the deposits were worth almost nothing, they had previously been worth almost nothing, and they are still worth almost nothing. They will have value only … More

    The Rare Earths Distraction

    The U.S., EU, and Japan are suing China in the World Trade Organization (WTO), calling Chinese export quotas on rare earth elements an illegal trade practice. The U.S. will most likely win. But the suit is peripheral to real issues and was brought because the U.S. is unable or unwilling … More

    Chinese Economic Espionage: An Overlooked Concern

    If you heard that people based in a certain country completely compromised the computer systems of Nortel, a Canadian telecom firm that has since collapsed, what country would you guess? If you heard that a company based in a certain country was accused of receiving commercial secrets stolen from DuPont, … More