digital economy
Reports on digital economy See all →
The new computing technology may alter our civilization beyond recognition
China, the United States and other technologically advanced countries are in an epic race to develop the next generation of computing machines – with designs based on quantum physics’ principles. The state that achieves an early breakthrough in this contest could gain scientific, military, economic and geopolitical advantages of historic proportions.
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 ...
Taxing the digital economy
An ongoing international effort to rewrite the global tax rules for the digital economy would be a dramatic shift with potentially damaging consequences. Fear of countries unilaterally levying their own digital taxes has led to an alternative at the OECD, motivated by both fiscal and political factors. The new proposal would ...
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” ...
