Publications

China's Debt Problem

My abridged Op-ed in the European Weekly Cover Story of China Daily of 25 November, 2016. Download China Daily Cover Story  An online, abridged version is here. I am also quoted in the overall write-up. Download China Daily Cover Story (2) 

The China Daily is the only national English-language newspaper in China. The average daily circulation is more than 200,000, one-third of which is abroad in more than 150 countries and regions.

My original, unabridged, article gives a fuller treatment of the subject, including shadow banking. 

Challenges of Restarting Growth All Over Again

My feature article in the November, 2016 issue of The Global Analyst, a flagship global business magazine of Hyderabad-based Media-Five Publications Pvt. Ltd., India, of which I am on the Advisory Board.

The article outlines the underlining dynamics of the current global economic lackluster performance, including Brexit, worsening demographics, deleveraging from debt-driven consumption, and declining utility of financial stimuli. It points to emerging paradigm shifts in an increasingly globalized, interconnected, interdependent, technology-and-innovation-driven world where doing more of the same could well spell extinction. 

Download Challenges of Restarting Growth All Over Again