Recent Posts

Globalization in retreat

  WASHINGTON Jeffrey Immelt, the CEO of General Electric (2015 revenues: $117 billion), gave an interesting speech the other day that illuminates some pressing questions about the future of globalization. This involves politics as much as economics. It should be no surprise that the three remaining major presidential candidates (Hillary Clinton, Bernie Sanders and Donald Trump) are no fans of ...

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Leave and Remain camps intensify campaign

  As the vote to Remain or Leave the EU approaches, both sides are stepping up their campaigns, with the Remain campaign focusing on the economic dangers of Brexit, while the Leave campaign is painting a scary scenario of an uncontrolled immigration if the UK stays in the EU. Amid the feverish atmosphere, the Remain campaign received a major boost ...

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Sustainably affordable health care in China

  Sara Hsu SPECIAL TO EMIRATES BUSINESS The question of increasing competition and jobs in the healthcare sector is hardly a priority under China’s current reforms, and reasonably so, even though this would aid the transition to a highly skilled service-based economy. The main question now is whether health care costs can be kept low for the consumer, but high ...

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