Taiwan offers one of the great models of modern economic and political development.  In 1960 Taiwan had GDP per capita and human development levels that placed it among the least developed countries in the world.  Subsequent decades saw economic growth and industrialization that not only transformed Taiwan into one of Asia’s tiger economies, but also provided …

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Following an agreement between the Nicaraguan government and shadowy Chinese billionaire Wang Jing, there may be a new canal in the Western Hemisphere. The possibility of a transoceanic canal through Nicaragua has been discussed for almost 400 years. Nicaragua was almost the place for the U.S.-built canal until, for a number of reasons, Panama became …

Continue reading Should the U.S. Worry About China’s Canal in Nicaragua?