Edition #60: January 31, 2025
Welcome to PS Economics, a weekly newsletter highlighting commentary on the most important issues in economics and finance.
Kenneth Rogoff urges EU policymakers not to allow the new US administration to distract them from key policy priorities.
PS speaks to Yi Fuxian about China’s decision-making, economic prospects, demographic crisis, and more.
Amar Bhidé explains what a purported Chinese AI breakthrough does and does not mean for the industry.
Karim El Aynaoui and Hinh T. Dinh propose a new policy framework adapted to an era that has rendered the prevailing growth model obsolete.
Stephen S. Roach points out that the new “External Revenue Service” would target domestic importers, not foreign producers.
Rabah Arezki and Partha Sen ask why, unlike Bangladesh and Vietnam, manufacturing has not benefited from rising labor costs in China.
Adnan Mazarei urges the international community to push for long-overdue governance and economic reforms.
Anne O. Krueger highlights the qualities that enabled the late leader to transform his country and lift its global standing.
Stuart P.M. Mackintosh observes that political pressure is already undermining independent, data-driven decision-making.
Head of Foreign Trade at the Bank for Agriculture and Rural Development | PhD in Economics Researcher in Development Economics and Sustainable Development
1 个月Selon un rapport de la Banque mondiale, en 2023, le secteur manufacturier ne représentait que 14% du PIB indien comparé à 27% en Chine. Les obstacles incluent principalement : 1. des infrastructures inadéquates, 2. une bureaucratie lourde et 3. des politiques du travail rigides. Du coup l’Inde doit investir massivement dans les infrastructures, simplifier les réglementations et politiques favorables aux entreprises, et enfin investir a long terme dans l’amélioration de la qualité de l’éducation et de la formation professionnelle; le pilier cruciale de la Chine pour fournir une main-d’?uvre qualifiée adaptée aux besoins du secteur manufacturier.