To help workers navigate the new digital economy, governments and businesses should invest in social safety net programs and education.
Since the practice of cloning farm animals is under-regulated in countries like Argentina, Brazil, and the US, European supermarkets may be selling meat and dairy products produced from clones, despite EU banning. With better regulation at both national and global levels, more accurate data could be produced to enhance transparency and traceability.
On February 1, 2018, AsiaGlobal Online invited Dr Lucas Chancel and Dr Li Yang from the Paris School of Economics to present and discuss trends in global income inequality, on the basis of the "World Inequality Report 2018." The report was co-written with Thomas Piketty and draws on the work of more than 100 researchers around the world, with Chancel as a lead coordinator. Below are videos of the presentations and brief summaries of the key takeaways.
What if the United States withdrew its strategic commitment to allies in the Indo-Pacific? Taking that hypothesis seriously, Hugh White's latest essay, "Without America: Australia in the New Asia," suggests that Australia does not have any other option than engaging China—and neither does the rest of Asia.
North Korea has agreed to march alongside South Korea and to have a joint women’s hockey team with its neighbor at the 2018 Winter Olympic Games in Pyeongchang. The sports diplomacy of North Korea is often unpredictable, but could this particular instance signal a geopolitical détente in an East Asia gripped by nuclear fears?
China and Russia followed two distinct approaches to reform, leading to drastically different trajectories of economic growth. While both countries have experienced rising inequality over the last 30 years, Russia’s income distribution has worsened at a faster pace and in a bigger magnitude. What caused the difference in income distribution dynamics between the two? There are important lessons to be learned on the impact of policy decisions on inequality.
The world is looking on uneasily as China challenges the United States as a technological power, but a zero-sum game is not an inevitability. Governments, businesses, and civil society can come together to help the world break out of this duopoly for a more sustainable future.
The continents-spanning Belt and Road Initiative may appear to be a leviathan, but a closer look at both it and China’s global quest for resources tells a more nuanced story. Even for the most authoritative of actors, situations don’t always work out as they do on paper.
What makes a currency global? The Spanish peso that started circulating internationally in the 16th century offers a case study. The opening of new trade routes and security innovations made it the world's most widely demanded currency. It facilitated the integration of China, the Americas, and Europe into a world economy, creating a status quo that lasted until the 19th century.
Their environment leaves them little space for personal expression, but Hong Kong’s domestic workers have found ways to engage in politics and pursue their own paths of leadership.
The popularization of Massive Open Online Courses (MOOCs) has led universities to rethink their missions. “Hong Kong Cinema Through a Global Lens,” a prize-winning MOOC at The University of Hong Kong, combines classroom and online learning to enhance students' exposure to the world. Far from taking teachers out of the learning experience, the MOOC enriches the value of the student-teacher relationship beyond the classroom.
A unified, global data privacy framework is becoming essential for the unhindered development of business across borders. For researchers at the Data Privacy Foundation in New Zealand, this can only be achieved in Asia via a bottom-up approach.
As fair trade and corporate social responsibility (CSR) gain traction as responses to a perceived neglect of ethics in business today, a look back at Asia-Europe exchanges in the early modern era reminds us that trade has always been a moral endeavor.
As Xi Jinping begins his second term as president, the "new era" that he intends to install is becoming clearer to observers. It features a richer and more assertive China, better equipped with a modern military, at the center of the global stage.
Disaster-prone Asian countries are well aware of the urgent need to set up disaster management strategies. Siloed bureaucratic processes only hinder these efforts, as resilience comes from better engagement of local communities and the exploration of multiple sources of knowledge.
Seeking to understand those who choose to join extremist causes is a difficult but necessary task. Only by learning about these individuals can societies prevent others from following their path, and reintegrate those who return.
With their focus on economic development through innovation, the countries of East Asia are rising quickly through the ranks of the Global Innovation Index. These countries are not merely growing individually—they are growing with one another.
Global economies seem to be doing reasonably well in the face of an array of potentially destabilizing political issues. But this may not last if we do not tackle a non-inclusive pattern of growth and do more to address the needs of people and societies.
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