OPINION

The Point of Sharp Power

WASHINGTON, DC – In recent years, Russia and China have poured considerable resources into arenas typically associated with “soft power,” a term coined by the American political scientist Joseph S. Nye and understood as the “ability to affect others by attraction and persuasion.” Either directly or through compliant surrogates, these two countries …

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China’s Great City Rivalries

SHANGHAI – China’s traditional industries are suffering. In the last five years, the country’s northeastern region – once a hub of basic industries like oil and steel – has been facing accelerating decline, as have the rich mineral resource centers in places like Hebei and Inner Mongolia. Over the last …

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A snapshot of ‘youth unemployment’

An incident that occurred in the premises of The Bhutanese newspaper helped give us some insight into one aspect of ‘youth unemployment’ in the country The Bhutanese recently floated a vacancy for a Finance/Accounts officer for The Bhutanese Newspaper. The company was willing to offer Nu 12,500 per month as …

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Why Is Japan Populist-Free?

TOKYO – Even as a wave of right-wing populism is sweeping Europe, the United States, India, and parts of Southeast Asia, Japan has so far appeared to be immune. There are no Japanese demagogues, like Geert Wilders, Marine Le Pen, Donald Trump, Narendra Modi, or Rodrigo Duterte, who have exploited …

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As high as Cristiano Ronaldo

The finals of the 2013 King’s Cup kicked off at Changlimithang stadium between Manang Marshyangdi (MMC) of Nepal and Yeedzin FC of Bhutan. The pressure was on from the start with both the teams unrelenting in their attack and tracking back of the ball. The home crowd fiercely supported the …

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A Trump Christmas Carol

NEW YORK – This Christmas, America’s gift to the world was a $285 million cut in the United Nations’ regular budget. Technically, the UN regular budget reflects a consensus decision of the body’s 193 member states, but the United States was clearly the prime mover in pushing for the cut. …

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Complacency Will Be Tested in 2018

NEW HAVEN – After years of post-crisis despair, the broad consensus of forecasters is now quite upbeat about prospects for the global economy in 2018. World GDP growth is viewed as increasingly strong, synchronous, and inflation-free. Exuberant financial markets could hardly ask for more. While I have great respect for …

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