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The Economic Imperative of Protecting Women’s Health

Despite global improvements in health-care access, many governments in the Asia-Pacific region continue to overlook the importance of sexual and reproductive wellbeing. If the social and economic benefits of universal health coverage are to be realized, the needs of women and girls must become a high priority. BANGKOK – Mai was 17 years old when she and her boyfriend became sexually active. Because unmarried adolescents in their country cannot access contraception without...

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Putting Tibet Back on the Agenda

Human rights activists had hoped that international attention on China during the 2008 Summer Olympic Games in Beijing would lead to greater political and religious freedom. It didn't, but it's not too late to pressure China to adhere to its past commitments. WASHINGTON, DC – In 2001, when Beijing was selected to host the 2008 Summer Olympics, expectations were high that China’s human-rights performance would improve in the international spotlight. Even Chinese officials...

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The Debt Shackles Return

The only sustainable debt burden is one that can be managed even during cyclical downturns. Yet governments continue to repeat the same mistakes, treating debt as a boon for long-term growth, rather than what it is: a source of massive long-term risks. MUNICH – Global growth is accelerating. But before we break out the champagne, we should acknowledge the long-term risks to sustained expansion posed by rising private and public debt. Aaron P....

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Germany’s Great European Heist

Two seemingly reasonable principles guide German thinking about eurozone integration: responsibilities and control must be aligned; and legacy risks must be settled before any pooling of risks among euro members takes place. But what if France applied Germany’s approach to eurozone integration to the question of mutualizing defense commitments? NEW YORK – Two mantras guide German thinking about eurozone integration: responsibilities and control must be aligned (so no...

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America’s Collision Course With China

In the future, historians will lament that America’s long-term policy toward China was not a result of calm calculation. Instead, they are likely to focus on how America’s political polarization and simplistic ideology – shared by many who should know better – drove it into a highly damaging and utterly pointless conflict. SINGAPORE – The world’s most important bilateral relationship – between the United States and China – is also one of its most inscrutable. Bedeviled by...

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Learning from Liberia’s Educational Partnerships

Around the world, an estimated 617 million school-aged children are unable to read at grade level, a proficiency gap that disproportionately affects boys and girls in Sub-Saharan Africa. To reinvigorate struggling schools and improve outcomes, Africa's educators need to embrace new approaches. MONROVIA – Around the world, some 263 million children remain out of school, and of those who do attend classes, 330 million are receiving substandard education. As a result, an...

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The Gift that Keeps on Giving – to China

By abandoning the thoughtful policymaking of his predecessors in favor of a presidency modeled on reality TV, US President Donald Trump has failed to articulate anything resembling a credible national strategy. Trump’s threatened trade war with China, which is already benefiting that country at America's expense, is a case in point. ATLANTA – All bad management, a business guru once remarked, is taught by example. Donald Trump is teaching a master class on how not to...

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Managing the Risks of a Rising Dollar

Some may view the US dollar’s appreciation as consistent with a longer-term rebalancing of the global economy. But, as Argentina’s recent request for IMF financing starkly demonstrates, a sharp and sudden dollar appreciation risks unbalancing things elsewhere. NEWPORT BEACH – Argentinian President Mauricio Macri’s government has asked the International Monetary Fund for a loan that it hopes can stem a peso rout that has driven up interest rates, will slow the economy, and...

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Corralling the Info-Monopolists

The question of how to encourage innovation while limiting the abuse of market power long precedes the advent of the digital age. And today, the need to strike the right balance is nowhere more apparent than in the case of dominant information-technology companies like Facebook and Google. MEDFORD, MASSACHUSETTS – In a modern capitalist economy, we celebrate innovations that produce market power, but fear the risks of unchecked dominance. Nowhere are those risks more...

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Trump’s War of Choice

For Donald Trump, the Iran nuclear deal was always an impediment to regime change, rather than a boon to nuclear disarmament. But by scrapping the agreement and reinstating sanctions, Trump risks leaving the Middle East even worse off than George W. Bush's presidency did. TEL AVIV – President Donald Trump’s decision to withdraw the United States from the 2015 nuclear deal with Iran was not his first departure from a key international agreement. From the Trans-Pacific...

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