Category Archives: Foreign Affairs

Capitalism Did Not Win the Cold War

This article first appeared at Foreign Affairs. Why cronyism was the real victor. When the Soviet Union collapsed 26 years ago, it was generally agreed that the West had won the Cold War. This was affirmed by the prosperity and … Continue reading

Posted in Africa, Brazil, BRIC countries, Communism, Corruption, Cronyism, Economy, Emerging Markets, Foreign Affairs, Hedge Funds, New York, Offshore, Oil, Real Estate, Russia, Society, United States, US Economy | Leave a comment

The Economics of Dependency

This article first appeared at Foreign Affairs. How countries hit the demographic sweet spot. Demographics are among the most important influences on a country’s overall economic performance, but compared with other contributors, such as the quality of governance or institutions, their … Continue reading

Posted in Africa, BRIC countries, China, Corruption, Demographic Dividend, Demography, Dependency Ratio, Economy, Education, Europe, Foreign Affairs, India, Infrastructure, Innovation, Society, Sub-Saharan, United States, US Economy | Leave a comment