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The Economic Costs of Corruption in Philippines

November 12, 2018 • CRITICAL ANALYSIS, Columns, Commentary, Dan Steinbock, On Duterte and the PhilippinesComments (0)

By Dan Steinbock                 The recent $200 million customs debacle may be just a tip of the iceberg. Due to illicit financial flows, Philippines has lost almost $10 billion annually. Tax evasion may be as costly. In this status quo, only a fully independent anti-graft campaign can succeed.   You might also like: The United States

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The Great Dollar Debacle

October 30, 2018 • GLOBAL ECONOMY, EMERGING TRENDS, Capitalism in the 21st Century, Americas, Commentary, Dan SteinbockComments (0)

By Dan Steinbock The share of U.S. dollar in international payments is disproportionate relative to America’s eroding global position and depends on international goodwill that Washington is shunning. U.S. dollar is changing from a safe haven to a safe

How to keep the Philippine economic future on track

October 3, 2018 • GLOBAL ECONOMY, Asia - Pacific, Dan Steinbock, On Duterte and the PhilippinesComments (0)

By Dan Steinbock               The Philippines is on the right path, if the government can continue to balance between strong growth amid international uncertainty, while pushing reforms that raise living standards. Inflation and foreign

The Four Steel Men Behind Trump’s Trade War

September 12, 2018 • CRITICAL ANALYSIS, World Politics, Commentary, Dan Steinbock, On Donald Trump AdministrationComments (0)

By Dan Steinbock In just a few months, the Trump administration has undermined more than seven decades of U.S. free trade legacies. Who are the policymakers behind this reversal? What is their agenda? And why is steel their common denominator?  

How US Trade War Is Spreading from Goods to Services

August 24, 2018 • GLOBAL ECONOMY, CRITICAL ANALYSIS, Dan Steinbock, On Donald Trump AdministrationComments (0)

By Dr. Dan Steinbock Trump tariff wars are entering a new, far more dangerous phase. As the White House is expanding its tariff wars, collateral damage is about to spread from goods to services – much of it in the U.S.   After months of trade threats,

Trading the Global Future

August 21, 2018 • GLOBAL ECONOMY, BUSINESS & INNOVATION, Dan Steinbock, On Donald Trump Administration, Strategies for the Changing WorldComments (1)

By Dr. Dan Steinbock PART I: Bad Timing (This is the first of a three-part series.)  In this commentary, Dr Dan Steinbock argues that Trump’s tariff wars take place in a very bad time, are based on bad policies and will have bad consequences. This is

How International Observers Undervalue the Chinese Bond Market

July 15, 2018 • GLOBAL ECONOMY, China, Dan SteinbockComments (0)

By Dan Steinbock     Criticism is typical of vibrant international media. Yet, prejudiced biases in financial matters have the potential to harm investors worldwide. The Chinese bond market is a case in point.   Not only is China’s bond market

Trump’s Tariffs Undermining America’s Economic Future

June 25, 2018 • GLOBAL ECONOMY, Dan Steinbock, On Donald Trump AdministrationComments (0)

By Dan Steinbock As President Trump is again suspending the opportunity for trade compromise, new US tariffs are not only alienating US allies and partners but undermining America’s own future prospects.   On Monday, US President Donald Trump

How TIME’s Bremmer Got Duterte Wrong

May 28, 2018 • Dan Steinbock, On Duterte and the PhilippinesComments (1)

By Dan Steinbock Today, global dominant media is often exploited as a tool of coercive diplomacy. The recent Time commentary on the Philippines president is a case in point. The real story is behind the story.   In early May, Time magazine released the

The Economic Moral Hazards of the International Criminal Court – and the Philippines Withdrawal

March 22, 2018 • CRITICAL ANALYSIS, Columns, International Law, Dan Steinbock, On Duterte and the PhilippinesComments (2)

By Dan Steinbock                                                  As the Philippines is withdrawing from the International Criminal Court, ICC is blaming the Duterte government. In reality, the withdrawal is