The rise of China was closely associated with the strategic opportunity offered by a wave of globalization dating from the 1970s. As China grew, western growth was not restored. Soon after the collapse of the Soviet Union and the arrival of the unipolar moment, the world confronted a succession...

Very high spot rates induce excessive orders this statement is tested. Time charter rates found not only to influence orders more than spot rates, but so does the price of shipbuilding. It is also shown that the surplus of supply over demand is a more accurate measure for shipowners in placing...

As the data in this new edition of the Innocenti Report Card series show, in the past five years, rising numbers of children and their families have experienced difficulty in satisfying their most basic material and educational needs. Most importantly, the Great Recession is about to trap a...