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Taiwan has outgrown its current economic strategy and needs to move up the value chain to become more like the Nordic countries and the Netherlands.
'Beijing has already burnt itself in Myanmar, Thailand and Laos, where the public is becoming hostile to Chinese projects. Like a chain, the Belt and Road is as strong as its weakest link and public perceptions toward China can become an existential issue for Beijing’s ambitious initiative.'
In 'Capital Without Borders: Wealth Managers and the One Percent,' Brooke Harrington offers an in-depth look into the work of wealth management professionals who ensure that the ‘one percent’ keep getting richer. Drawing on interviews and Harrington’s own experiences of a wealth management training program, Sin Yee Koh finds this a well-researched and clearly written ethnographic study that focuses attention on a key industry behind the continuation of global inequality.
While Bill Gates’ suggestion of taxing robots to put human workers on a more even competitive footing with the robots deserves serious consideration, the time when governments will pay everyone a living wage seems a long way off.