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After the Golden Age: Resetting UK-China Engagement

In line with the theme of one of our recent webinars, a new British Foreign Policy Group report, by Sophia Gaston and Professor Rana Mitter OBE, calls for a fundamental reset in the UK’s relations with China and sets out a conceptual framework for the British Government to develop a UK-China Engagement Strategy. The report…

Economics and the Culture War

Some economists may prefer to concentrate on the current economic situation while standing apart from cultural questions, or to say that the current kerfuffle over “cancel culture” will recede when the economy improves. But this is to abdicate responsibility and to choose the easy road under cover of their discipline’s neutrality. The authority of economics…

The unexpected trip: The future of mobility in India beyond COVID-19

COVID-19 has presented India with an unprecedented economic, humanitarian, and healthcare challenge. The lockdown measures have helped contain the spread of the coronavirus but exacted an immense economic toll, with economists now predicting that the country’s gross domestic product will shrink between 1.5 percent and 5 percent during the 2021 fiscal year. On the business side,…

Digital strategy in a time of crisis

April 22 2020|By Simon Blackburn, Laura LaBerge, Clayton O’Toole, and Jeremy Schneider If the pace of the pre-coronavirus world was already fast, the luxury of time now seems to have disappeared completely. Businesses that once mapped digital strategy in one- to three-year phases must now scale their initiatives in a matter of days or weeks. In one European survey, about…

How coronavirus sparked a wave of innovation in India

Entrepreneurs and innovators across India have responded quickly to the challenge posed by the COVID-19 pandemic. Around the world, social distancing and contact tracing have been the buzzwords of the response to COVID-19. A particular problem as lockdowns begin to ease will be how to stop the virus spreading in public spaces such as airports or…

Why Are Fossil Fuels So Hard To Quit?

We all understand that humanity’s use of fossil fuels is severely damaging our environment. They cause pollution and cause lasting harm to the climate of our planet. Nonetheless, meaningfully changing our ways has been very difficult. With billions of people recently under stay-at-home orders and economic activity plunging worldwide, the demand for and price of…

The Economic Consequences of Disrupted Global Supply Chains

For nearly three decades, global supply chains were the quiet engines of economic globalization. From 1990 to 2008, they drove the rapid expansion of trade, accounting for 60-70% of its growth. More than a decade later, however, they have stalled – and may in some areas be going into reverse. The COVID-19 pandemic has caused a supply-shock…

Managing the coming $30 trillion deficit while restoring economic growth

As they continue to grapple with a global pandemic, governments will need to manage deficits and debt-payment plans while finding the best ways to support economic recovery. Deficits worldwide could reach $9 trillion to $11 trillion in 2020, and a cumulative total of as much as $30 trillion by 2023. Governments will need to find…

Coronavirus tracked: the latest figures as countries fight to contain the pandemic

The human cost of coronavirus has continued to mount, with more than 8.25 million cases confirmed globally and more than 441,300 people known to have died. With the World Health Orgainsation declaring the outbreak as a pandemic, the virus has spread to more than 200 countries. The Financial Times have provided an up-to-date visual narrative of…

Asia Scotland Institute