economy
Tunisia Must Not Fail

Tunisia Must Not Fail

The economic situations of the Tunisians who drove the revolution have not improved one bit. Tunisia’s leaders need to intensify their efforts to stimulate economic development, and fast. But how can they do so when they are a little preoccupied setting up an entire government? This is where Washington comes in.

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The Blowback of TINA

The Blowback of TINA

A funny thing happened on the way to hegemony. The very ideology that the United States assumed would defeat all comers has in fact been turned against the United States. Liberal democracy contains within it the very seeds of the American empire’s destruction. Call it blowback, TINA-style.

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China’s Looming Economic Crisis

China’s Looming Economic Crisis

China’s economy has been growing at a phenomenal pace in recent decades, averaging around 10 percent a year. Few people seemed to worry, therefore, when the Chinese government announced recently that GDP growth in the third quarter of 2011 slowed to “only” 9.1 percent. Almost any country in the world would envy such growth. Yet beneath the continued robust appearances, there are signs that China is heading toward a crash reminiscent of the one that brought down the U.S. economy during 2007-2008.

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Dissecting Iran’s Economic Jihad

Dissecting Iran’s Economic Jihad

In the absence of genuine democratic institutions, a set of common economic grievances is galvanizing the Arab Street against a diverse host of unaccountable regimes across the Arab world. However, deep and structural economic problems also characterize much of the Middle East, including non-Arab Iran. Recognizing the depth and gravity of the country’s economic challenges, Iran’s supreme leader Ayatollah Khamanei has declared 2011 as the year of “economic jihad.”

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