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Economics

Trajectory for resilient, inclusive growth

Axel Trostenberg This year China’s economy is expected to recover, fueled primarily by a rebound in domestic demand. These improved near-term prospects offer an important opportunity for policymakers to refocus their efforts on achieving the country’s three long-term development objectives: to become a high-income country by 2035 through …

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Important testimonies in the Monetary Fund audit report

Fayeq Hijazin The audit report on the performance of the national economy under the Extended Fund Facility (EFF) highlights positive outcomes both in terms of the program’s indicators and the external challenges faced by the Jordanian economy amidst global economic uncertainties. Maintaining macroeconomic stability in the face of …

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China insight: growth, resilience, greenness

Mara Warwick  Mara Warwick, now the World Bank country director for China, was the World Bank’s Wenchuan Earthquake Recovery Project (2009-2014) after the devastating Wenchuan earthquake in Sichuan province in 2008 that claimed more than 69,000 lives and affected many parts of China. She also served as a …

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Is It Time for the Big Six to Start Paying for Europe’s New Network Infrastructure?

Renata Thiebaut The European Commission recently released Gigabit Infrastructure Act Proposal (GIA) draft has stirred up controversy regarding the involvement of the Big Six technology companies in co-funding Europe’s advanced network expansions. The draft, should it be approved by the European Parliament and Council, will replace the 2014 …

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Political Reform and Rebalancing: Transforming the Nobility and Achieving Genuine Revision

Eng. Saleem Al Batayneh Renowned American political scientist Gabriel A. Almond (1911-2002) recognized the transformative power of change within a political system. By redistributing power and influence within the state, comprehensive changes at the structural level can be realized. However, privileged groups and oligarchies often hinder such changes. …

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WEF Report Highlights Retirement Trends as Life Expectancy Increases

Life expectancy increased from an average of 46 to 73 years between 1950 and 2019 and the United Nations forecasts further increases, estimating that global average life expectancy will reach about 81 years by 2100. Longer lifespans are causing individuals, governments and business leaders to rethink their approach …

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Jordan: The World Bank’s Concerns about Poverty, Lack of Transparency, and Unstable Economic Situation

Eng. Saleem  Al-Batayneh Let’s imagine the scene in light of the lack of tools to predict what is in the knowledge of the unseen in the first place, No one knows what the intention of the World Bank is to intimidate the Jordanian public opinion, or at least …

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How China Perceives Trump: Chinese Media’s Coverage and Analysis of Trump’s Impact on US-China Relations

It is fascinating to examine how Donald Trump’s presidency was perceived in China. The relationship between China and the United States, which has been tense recently, was significantly impacted by Trump’s presidency. During Trump’s presidency, the relationship was characterized by a number of challenges, including the trade war, …

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What Is So Special about Beijing-Moscow Security Cooperation?

Earlier this week, Chinese Defense Minister Li Shangfu visited Russia on his first trip overseas in this role and predictably got a very warm reception in Moscow. Li had a meeting with Russian President Vladimir Putin. This trip attracted a lot of international attention, especially since it took …

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