The Economist November 19th 2016

ierWith his callto put "AmericaFirst", Donald Trump is thelatest recruit to a pessimisticand dangerously zero-sumnationalism: leader, page 9.AU around the world,nationalists are gainingground. Why? Page 51. Chinahas a particularvision ofethnicity and nationhoodthat carries bigimplicationsat home and abroad, pages18-20

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TheEconomist

Volume 421Number 9016

Published since September 1843to take partin "a severe contest betweenintelligence, which presses forword, undon unworthy, timid ignoranceobstructingour progress."

Editorialoffices in London and also:Atlanta, Beijing, Berlin, Brussels, Cairo, Chicago,lima, Mexico City, Moscow, Mumbai, Nairobi,New Dethi, New York, Paris, San Frandsco,Sbo Pauto, Seout, Shanghai, Singapore, Tokyo,Washington DC

7 The world this week

Leaders

9 Trump's worldThe new nationalism

10 ObamacareAnd a pony for everyone

10 The French electionEurope's populist danger

11 Pacific tradeTry, Persist, Persevere!

12 Tata GroupRata ntrum

Letters

14 On the American election

Briefing

18 Who are the Chinese?The upper Han

United States

21 The Trump administrationTower of silence

22 American health careOba masnare

23 Trump and the SupremeCourtlisting right

23 Voter registrationOregon lets it ride

24 Capital punishmentDeath has Less dominion

24 Conflicts of interestTrusts unverified

25 Election dataIllness as indicator

26 LexingtonDemocrats on the brink

The Americas

27 Latin America and ChinaA golden opportunity

28 Haiti after the hurricaneVoting in a ravaged land

30 BelloColombia's new, improvedpeace deal

Asia

31 The collapse of TPPTrading down

32 South Korean politicsTalking impeachment

33 Indonesian politicsTolerance on trial

33 Malaysia's 1MDB scandalNothing to see here

34 Islamic State in PakistanLethal partners

34 Australia andasylum-seekersThe American sotution

China

35 Coping with AmericaWeighing up Trump

36 Hong Kong's legislatureLocalists disbarred

36 The Communist PartyCaIL me comrade

37 BanyanA China-America romance?

Middle East and Africa

39 The nuclear deal with IranOn borrowed time

40 Sex scandals in IranTheocratic trouble

40 War in SyriaThe next push

41 Ghana's electionHeirs to Nkrumah

42 Corruption in SierraLeoneCattitin

Europe

43 France's RepublicanprimaryThe veterans

44 The Balkans returnEnd of the Clinton era

45 Russian intriguesArresting developments

45 Procurement spendingRigging the bids

47 CharlemagneMerkel, iron waffier

What willTrump do?Thepresident-elect appearsto beunsure whether or nottogovern as he campaigned, page21. On Obamacare, he has madea promise he cannot keep:teader, page 10. The RepublicanCongress scramblesto find analternativeto the AffordableCare Act, page 22. Mr Trump'sattempt at Reaganomics wiltprove costlier than theoriginal: Free exchange, page66. The nextadministrationmayslow America's clean-energytransition, butitwillnot derailit, page 56

French politicsThe centre-right's nomineewillprobablyface Marine Le Pen forthepresidency, page 43. Who canbeat her? Leader, page 10

Iran The nuctear dealisunLikely to survive, page 39.A Koranic reciter hasthreatened the clerics' moratauthority, page 40

ALADI

30 NOV,

E1E3LIOTECA

» Contents continues overleaf

Magnetic moments3D printers promise better,cheaper and more powerfulmagnets, page 68

Leonard Cohen The novelist,poet and singer died onNovember 7th, aged 82:Obituary, page 80

6 Contents The Economist November 19th 2016

•

Trade deals in Asia America'sparticipation in TPPis over.But don't give up effortstoliberalise trade and harmonisestandards in Asia: leader, page

The pact's demise leaves aworrying void in Asia, page 31.A China-America romance isnotas unlikelyas many punditsthink, but nor could it Last:Banyan, page 37

Turmoil at Tata One of Asia'smostimportantfirms hasdescended into chaos. Itspatriarch, Ratan Tata, islargelyto btame: Leader, page12. India's biggest companyaddsinternalstrifetoits longlist of problems, page 55

Britain48 Online shopping

SoLid melts into air49 Brexit and public opinion

Fifty-fifty nation50 Bagehot

The special relationship

International51 Global politics

League of nationalists

Business55 Tata Group

CLash of the Tatas56 Donald Trump and

American energyPolluting the outLook

57 MiningVein hope

57 Samsung and HarmanAmp my ride

58 Corporate ItalySeize the day

59 Consumer goodsPot of gold

60 SchumpeterUncertain business

Finance and economics61 Emerging markets

ReyersaL of fortune62 Buttonwood

Underfunded pensions

63 Iceland's economyBubbling again

63 Agricuttural Bank ofChinaSanctions with Chinesecharacteristics

64 Banks and "too big to fail"Kash caLL

64 China's corporate debtState of grace

65 Credit in China,lust spend

66 Free exchangeReaganomics, Trump-styLe

Science and technology68 Additive manufacturing

Magnetic moments69 Oceans in space

Not so Lonely sea in the sky

69 MalariaThe biter bit

70 Censusing fisheriesWhere's the catch?

Books and arts71 Globalisation

The third wave

72 SomaliaHope among the horror

72 Campaign strategistsThe art of political war

73 New fictionRhythm of Life

73 PhysicsEmpty space, the finalfrontier

74 Classical musicWest meets East

78 Economic and financialindicatorsStatistics on 42economies, plus a closerlook at access to eLectricity

Obituary80 Leonard Cohen

Raising the song

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