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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 Xi Jinping is Ruining China’s Dream of a Century of Dominance

Xi Jinping’s ascend to power in 2013 meant there was no doubt that this century would be China’s century – an economic heavyweight on a historically unparalleled upward trajectory. But all of this has changed now, and almost all of it can be traced back to Xi himself. Xi Jinping’s government holds a great deal…

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…

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…

As India and China clash, JFK’s ‘forgotten crisis’ is back

India and China’s deadly crash this week in the Himalayas is the worst crisis in their border quarrel since 1967. Pakistan is also a very interested player, watching the game play out just as it did in 1962 and hoping its rival India will be humiliated. The remote region where the clash is occurring is…

Reopening the World

COVID-19 has shattered economies and societies around the world, upended government plans and business operations, and challenged the fabric of many communities. The effects are far-reaching, and leaders are seeking to understand how they reopen their countries and what are the lessons from other nations. Brookings’ latest publication discusses the reopening in several different countries,…

Coronavirus destroys jobs and worsens inequality, with or without full lockdown

The Coronavirus has plunged the world into the worst economic crisis since the Great Depression. But lifting lockdown measure may not rescue their economies to the degree they hope. Evidence from South Korea, which never shut private businesses, tells a cautionary tale. Taiwan and South Korea are also in midst of an economic downturn, although not as severe as…

The way back: What the world can learn from China’s travel restart after COVID-19

Countries and regions around the globe are gradually moving past the peak of the pandemic. With China’s COVID-19 lockdown over, travel is beginning to restart. Businesses remain cautious, but almost all offices, factories, schools, and retail outlets have reopened. A recent survey conducted by McKinsey showed that the first thing people want to spend money…

The future of Asia: Decoding the value and performance of corporate Asia

The recent pandemic has proven to be not only a public-health crisis but also a major disruption to supply chains, which may permanently change long-standing business practices. But Asia has come through crisis periods before and emerged stronger for it—and there is reason to believe it can do so again. Corporations in Asia have grown…