digital economy
Reports on digital economy See all →
Opinion: Harmful attempts to plan and regulate the global economy
Governments’ tendency to overtax the economy, overregulate it and misallocate resources by subsidizing losers, has been hurting economic growth, innovation and competitiveness in many parts of the world, including Europe. Now, officials are discussing novel ways to introduce such disastrous practices on the global level. Their excuse is an alleged need to tax internet companies more and block cryptocurrencies.
The case of Zhang Shoucheng and its implications for China
One of the world’s most renowned quantum physicists, Stanford University Professor Zhang Shoucheng, committed suicide in December 2018. The prize-winning academic career of this Chinese-born scientist, along with his extensive business interests and sudden death, have much to tell us about China’s long-term strategy to overtake and surpass the West ...
EU-China relations at a crossroads
For decades, relations between the EU and China have been based on growing economic cooperation and trade. But this interdependence has become asymmetric, which China exploits to maximize its own benefits and weaken European unity. While Beijing moves toward a knowledge-based economy, it also sees the future in nationalist, “back-to-the-future” ...
The U.S.-China AI race: A ‘third way’ for Europe?
As artificial intelligence becomes a key source of competition between China and the United States, the European Union is being left behind. Until recently, Europe has focused on regulations and the ethics of AI, at the expense of technological development. The EU is now launching new research initiatives, but it ...
Jokowi’s prospects and Indonesia’s future
Indonesian President Joko Widodo – better known as Jokowi – has run up against tough political resistance. He is learning the hard way that the country’s cumbersome bureaucracy does not react as quickly as the businesses he has run. But despite some mistakes, he still retains public support due to ...
