The resounding election triumph of the ruling BJP gives Indian Prime Minister Narendra Modi a strong second mandate and a fresh opportunity to make his ambitious dreams for India a reality, says Hong Kong-based strategic adviser and entrepreneur Alan Rosling, the author of "Boom Country?: The New Wave of Indian Enterprise".
The Pan-Asia Railway, meant to stretch from Kunming to Singapore, is seen by China as one of the crown jewels of its Belt and Road Initiative. While the project has seen early success in Laos, stronger Southeast Asian countries are pushing back against Beijing’s plans.
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.
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.