Russia New Zealand Election

The Global Macro Scoreboard: Under Jacinda, Labour Kiwis Can Fly

Under Jacinda, Labour Kiwis Can FlyInterest in New Zealand's general election, scheduled for September 23, topped the Scoreboard this week. The lead story continues to be Labour's comeback since Jacinda Ardern became party leader on July 31. The charismatic 37-year-old MP has electrified what was a predictable race expected to keep the National Party in government. Since Ardern took over, Labour has sustained a commanding lead over National in our digital campaign scores, suggesting the Jacinda ... Continue Reading

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Xi Jinping China

Xi's China: What Dreams May Come

After becoming Communist Party chief and leader of the People’s Republic in 2012, Xi Jinping began popularizing the slogan the “Chinese Dream” ( 中国梦). The Dream is the great rejuvenation of China, achieved materially through two centenaries: to become a “moderately well-off society” by 2021, the 100-year anniversary of the Communist Party, and to become a fully-developed nation by 2049, 100 years after the founding of the People’s Republic. The Chinese Dream has become an ideological underpinnin... Continue Reading

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New Zealand

New Zealand Election: Will Labour Ride Jacindamania to Victory?

Two weeks ago, New Zealand's general election was on track to be anything but exciting. The National Party, led now by Prime Minister Bill English, has shepherded the country through eight years of steady, uneventful post-crisis growth. And two weeks ago it appeared certain Kiwis would hand stodgy-but-safe National another mandate. The party was polling a full 20 points ahead of the opposition Labour Party.Then on July 31, Labour leader Andrew Little announced he was resigning and leaving the pa... Continue Reading

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Chaebol Reform Tops Public Interest in Economic Plan

On Tuesday, newly-elected President Moon Jae-in released a five-year economic plan. It promised a "complete paradigm shift" that includes expanding the social safety net, increasing economic opportunity, and combating unfair business practices. That last point means reforming the chaebol, South Korea's family-run, politically-wired conglomerates. They include Korea's most lucrative brands: Samsung, LG, Hyundai, and Lotte. Chaebol reform was a central pledge of Moon's campaign. His predecessor, P... Continue Reading

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Has China Lost Interest in Pyongyang's Provocations?

In two July tests, North Korea proved it has the capability to hit the continental United States with a ballistic missile. Alarm bells sounded in the West. But in China, by the measure of online conversation about North Korea and its WMD program, the tests were not perceived as particularly significant to the bilateral relationship. Historically, the Predata signal that tracks DPRK-China relations shown above has reacted emphatically to Pyongyang's provocations. That these latest, dramatic launc... Continue Reading

Low Chinese Interest in ICBM Launches
China Debt Australia Malcolm Turnbull

Australia, The Smashed Avocado Economy

DAVID BYRNE once quipped that the national dish of Australia is toast. For the past year, politicians and pundits throughout the great southern land have done that description justice by engaging in an earnest and at times quite vicious public policy debate about the effect of avocado toast on young Australians' savings habits. Avocado toast is, of course — along with the flat white — Australia's great contribution to 21st century urban culture. Amid a property market bubble that's given Sydney ... Continue Reading

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