Political Economy

With the recent celebration of the 20th anniversary of German reunification, it is something of a curiosity that of the three countries that were partitioned at the onset of the Cold War – Germany, Korea and Vietnam – it is the two Koreas that still resist the compelling pull of reunification. With the recent naming … Read more

While Brazilian Finance Minister Guido Mantega’s statement that the world is the midst of an “international currency war” might be somewhat premature, there is no denying the fact countries today — Japan, Taiwan and South Korea among them — are intervening in currency markets to give their own export competitiveness a shot in the arm, … Read more