Earlier this week, the Chinese central bank unexpectedly cut a key interest rate in an effort to reinvigorate a stalling economy. We asked Yale’s Stephen Roach about the outlook for China and the rest of the world.
As the risks of dependence on China become more apparent, a few companies are diversifying their supply chains. But inertia and short-term thinking are keeping many companies tethered to markets and suppliers in the world’s second-largest economy, write Yale SOM’s Jeffrey Sonnenfeld and Steven Tian and investor Kyle Bass.
Rather than admitting ignorance, write Yale’s Jeffrey Sonnenfeld, Stephen Roach, and Steven Tian, the IMF is accepting the Kremlin’s statistics—and fueling pessimism about the impact of sanctions.
Economic pressure and a talent drain are pushing Russia into permanent irrelevance, write Yale SOM’s Jeffrey Sonnenfeld and Steven Tian.
Yale SOM’s Jeffrey Sonnenfeld and Steven Tian write that the Biden administration’s balanced approach has helped Europe maintain its natural gas supply while protecting U.S. interests.
We asked Stephen Roach, a senior fellow at Yale Law School’s Paul Tsai China Center, what another five years of Xi Jinping’s leadership means for China’s economic policies and the environment for Western businesses there.
With its surprise cut in oil production, write Yale SOM’s Jeffrey Sonnenfeld and Steven Tian and Congressman Ro Khanna LAW ’01, Saudi Arabia has chosen to side with the Russian war machine.
Negotiation expert Prof. Barry Nalebuff argues that setting the price cap either too high or too low could lead to failure and defeat the effort to make Putin pay for his aggression.
Yale SOM’s Jeffrey Sonnenfeld and Steven Tian, who have been tracking companies’ disengagement from Russia, write that Asian airlines, European aviation giants, and sanctions evaders are gaming the system and gaining an advantage over their American competitors.
Media commentary suggests that Russia is using its energy resources to hold the rest of the world hostage. To the contrary, write Yale SOM’s Jeffrey Sonnenfeld and Steven Tian, Russia’s actions have devastated its own economy and undermined its status as an energy exporter.
The United Fruit Company had a reputation for manipulating governments and exploiting workers in Latin America. But Yale SOM’s Diana Van Patten found that in some areas, competition for workers led it to invest in local infrastructure, with long-lasting positive impacts.