Dan Steinbock

Dan Steinbock's picture

Dan Steinbock
About the author:

Dr Steinbock is an internationally recognized expert of the multipolar world. He focuses on international business, international relations, investment and risk among all major advanced economies and large emerging economies. In addition to advisory activities (www.differencegroup.net), he is affiliated with India China and America Institute (USA), Shanghai Institutes for International Studies (China) and EU Center (Singapore). For more, please see http://www.differencegroup.net/. Research Director of International Business at India China and America Institute (USA) and Visiting Fellow at Shanghai Institutes for International Studies (China) and the EU Center (Singapore).

The Brexit's Known Unknowns

Date: 21 June 2016

The UK’s EU referendum is too tight to call, which will virtually ensure protracted economic uncertainty, market volatility and political risk. The worst has already happened.

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Friction Over French Labor Reforms Builds

Date: 14 June 2016

The French government wants structural reforms, but unions and most people do not. As political friction is escalating, Paris is preparing for the Euro 2016 football tournament, which is attracting terror efforts by radical right, ultra-left and the jihadists. At the same time, the country has been pummeled by ‘once-in-a-century’ flooding.

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Do Emerging Markets Have You Sea-Sick?

Date: 3 June 2016

In the past year, investors have seen emerging markets thrive, plunge, re-emerge and re-decline. Despite the volatile short-term story, the fundamentals of the emerging market assets remain strong.

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Illicit Financial Flows Outpace Global Growth

Date: 3 June 2016

No inclusive growth is conceivable without success in Nigeria’s anti-corruption drive. Today, that struggle is increasingly global.  In mid-May, the world’s first anti-corruption summit took place in London. During the event, the chair, UK Prime Minister David Cameron was caught on open mike disclosing to Queen Elisabeth II that attendants included some “fantastically corrupt” countries, including Afghanistan and Nigeria.

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Beware Chinese Innovation

Date: 12 May 2016

As advanced manufacturing is about to accelerate in China, the rules of economic development could change across the world. About a year ago, China’s State Council unveiled a national plan, “Made in China 2025,” which seeks to upgrade China’s manufacturing base. The ultimate objective is to transform China into the leading global manufacturing power by 2049.

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The (Commodities) End is Nigh...or Not

Date: 5 May 2016

While cyclical challenges remain tough in global commodities, structural realities look more tolerable.  According to conventional wisdom, the challenges of global commodities can be attributed to China’s slowdown and poor growth prospects. Advanced economies are not immune. In the US, just two commodity-related sectors – oil and gas, as well as metals and steel – accounted for more than half of the defaults in 2015.

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Nigeria's Buhari Looks East and West

Date: 3 May 2016

To restore domestic economic stability, President Buhari seeks to navigate between both the US and China. His first steps encourage hope.  Recently, President Muhammadu Buhari concluded a successful visit in Beijing. From China’s standpoint, South Africa has served as Africa’s prime representative in the BRICS alliance. However, Nigeria is the region’s most populous and largest economy.

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Philippines Economic Growth Represents a High Hurdle

Date: 27 April 2016

While the Aquino reforms have ignited great progress, the next Philippines president will be more independent in critical economic, political and military decisions that will also shape Southeast Asia’s future, says Dan Steinbock.

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Gold Soared, but Why?

Date: 20 April 2016

Not so long ago, gold suffered the most challenging losses since 1999.  According to conventional wisdom, US rate hikes will contribute to its further decline. If that’s the case, why did gold prices soar during the last quarter?

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The Happiest Place on Earth Expands to China

Date: 6 April 2016

As Hong Kong’s Disneyland is suffering from losses, Tokyo Disneyland is expanding by debt. Shanghai’s Disneyland is the new regional trendsetter. In 2014, the worldwide attendance growth in the top-10 theme park groups exceeded 5 percent. These conglomerates – including Disney, Merlin, and Universal – had more than 392 million visitors.

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Brazil's Narrative Looks Worse than Originally Perceived

Date: 29 March 2016

While international media focuses on Brazil’s mass demonstrations against corruption, efforts behind the façade precipitate regime change, restoration of a pre-Lula order, and a struggle against the BRICS nations. The U.S. feels threatened by an era of multipolarity, which deeply implicates China, and other emerging economies.

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The European 'Union'?

Date: 28 March 2016

As the Eurozone is amid secular stagnation, its old fiscal, monetary and banking challenges are escalating, along with new threats, including the Brexit, demise of Schengen, anti-EU opposition and geopolitical friction. According to Dan Steinbock, Brussels can no longer avoid hard political decisions for or against an integrated Europe, with or without the euro.

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