The Asian Responsibility [Kaushik Basu]

As 2025 dawns, the world seems to be entering an age of anxiety, reminiscent of one hundred years ago, the period between the two World Wars. That period saw the German hyper-inflation of 1923, the rise of Hitler, and the Great Depression that caused jobs to vanish and incomes to plunge. As I write my first column for Herald Business, the world’s politics is polarized, democracy is witnessing a setback in many places, the share of income of workers in the GDP of most countries is falling, and ec

2025.02.06 11:40