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Apple bets on India as an emerging manufacturing power
After several failed attempts to boost its manufacturing sector, the Indian government announced a new production-linked incentive scheme that could turn the country into a phone making hub. Apple and Samsung, among other companies, will now relocate part of their supply chains to make and export high-end mobile phones from India in hopes of reducing their dependence on Chinese labor amid rising political tensions.
Carlos Ghosn and the rigor of the Japanese state
The surprise arrest of Renault-Nissan CEO Carlos Ghosn is superficially a tale of personal greed and clashing corporate cultures. But drill deeper and the more significant takeaway is what the case reveals about the Japanese approach to law and the power of the state. That is why Mr. Ghosn’s fate ...
El Salvador counts on international help to curb gang violence
El Salvador is Central America’s most densely populated country. With six million people and a gross domestic product of $25 billion, its per capita GDP is $4,100 – not bad for a country generally considered poor by international standards. In the region, only Costa Rica does much better. El Salvador’s ...
Japan’s closed door to immigrants heralds population decline
Japan faces a daunting demographic challenge. Both the general populace and the working-age population are graying and rapidly decreasing in size. In recent years, the number of deaths has outpaced the number of births by around 300,000 per year. If the country’s birth rate remains constant, this figure will continue ...
With India ready for takeoff, Modi pauses over launch button
After his first 18 months in office, during which India’s economic prospects have brightened considerably, 2016 gives Prime Minister Narendra Modi a last window of opportunity for radical new policy initiatives. If he decides on a bold course, it would depart from the incremental approach that has characterized Mr. Modi’s ...
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