The Browser - Lost Interest

What's Lost In Translation?

Sabine Mokry | US-China Perceptions Monitor | 13th June 2022

Valuable primer on divergences between official Chinese documents as published for domestic audiences and as translated for foreign audiences. When Xi Jinping tells the World that "The United Nations is at the core of the global governance system", while telling China that "The United Nations is at the core of the current global governance system", the World should probably take note (2,100 words)

State Capacity Eats Interest Rates For Lunch

Eli Dourado | Center For Growth | 15th June 2022

When interest rates fell to near-zero for years after the 2008 crash, America had a once-in-a-lifetime window to borrow big and rebuild infrastructure for decades to come. Why didn't that happen? It wasn't a money thing. It was a lack of political will, institutional focus and practical skills — "state capacity" — needed to execute big government projects, particularly building projects, effectively  (950 words)

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