One of the focus areas within the growing trilateral cooperation between the United States, Japan and India is the Indian Ocean. Covering one-fifth of the water on the Earth’s surface, the Indian Ocean generates vital long-term trade flows and energy interests, particularly for Asia. However, tensions between China and India in their waters are increasing as New Delhi grows concerned …

Noah Smith On June 23, the U.K. will vote on whether to withdraw from the European Union. This is a momentous decision, with far-reaching economic and political consequences that are now being hotly debated. If Britons vote to exit, it could lead to a breakup of the EU, and set back the global move toward greater political integration. This raises …

The term “middle-income trap“ has gained prominence among academics and policymakers in recent years. The term refers to the phenomenon in which economies stop growing before they become rich. The heightened interest in the issue is understandable, given half of the countries in the world are middle-income countries and the majority of them are likely to be stuck there for …