By John Foley
The author is a Reuters Breakingviews columnist. The opinions expressed are his own.
The Great Divergence is a term coined by economic historians to explain the sudden acceleration of growth and technology in Europe from the 16th century onward, while other civilizations such as China, India, Japan and Persia remained in their pre-modern state. This phrase has recently acquired a very different meaning, however, more relevant to global economic and financial conditions today.
As nuclear talks between Iran and the other members of the so-called P5+1 group are extended for another seven months, one issue is sure to remain a sticking point. The most important differences between all sides relates to the size of Iran’s uranium-enrichment program.
Is Myanmar’s reform effort going into reverse?
Not even close. Yet if international support for its political transition seriously weakens in the face of recent setbacks, the prophecies of Myanmar’s critics may be fulfilled. The international community needs to show staying power and accept that the road to reform is long.
This column by Martin Wolf in the Financial Times last week is a story I’m glad I saw. It prompted me to think about how to make reporting on a subject I usually find boring a lot more compelling.