Economics

Navjot Singh

A variety of factors are contributing to the growth and shaping of a new generation of business management in China. Deng's economic legacy is manifested in a Generation Y that not only aspires to a Western lifestyle, but demands more of current business leadership (i..e, their elders). Navjot Singh examines the troubles and promises for China's next generation of corporate leaders.

El Hadji Beye

Civil engineer and social entrepreneur El Hadji Beye makes the case for investing in Senegal. Rural communities, he argues, are an untapped, underserved economic base. By involving the community in decision-making processes and training them to be their own, local social entreprenuers, there's no reason why business shouldn't thrive in West Africa.

Ed Hancox

In Were You Born on the Wrong Continent? Thomas Geoghegan makes the case to Americans that there are economic systems that do a better job of providing for the well-being of its citizens, especially the German model. Ed Hancox dissects the arguments between free-market, two-party cheerleading in the United States and its more social-democratic counterpart on the European continent.

Dan May

What, exactly, is the difference between a free market and state-run capitalism? How does the economy in Norway differ from the economy of Brazil or China? Ian Bremmer's The End of the Free Market is a nice primer on the global economy, and provides keen insight into the current financial crisis. But when it comes to specific remedies to heal an ailing free market system, Bremmer comes up short. Dan May reviews.

Stephanie Lim

What should have been a routine vacation to the fabled site of Machu Picchu turned out to be a real eye-opener for Stephanie Lim. Heavy rains forced helicopter evacuations of tourists from the nearby town of Aguas Calientes, thereby scuttling the local economy and leaving local residents with no economic back-up plan. Stephanie presents a case for sustainable tourism in developing countries.

Joe Bigley

Over four months have passed since the Deepwater Horizon oil rig exploded in the Gulf of Mexico, killing eleven workers and setting off a chain of destructive events with economic, political, and environmental repurcussions that will reverberate for decades. British Petroleum looks like it'll come out of the disaster with merely a few cuts and bruises. In this illustrative essay, artist Joe Bigley recounts the tragic events, and the resurrection of BP.