Featured Articles

  • By: East Asia Forum | Date: 24 Nov 2014

    Seven Indian prime ministers from across the political spectrum and spanning three decades have come and gone without paying a state visit to Canberra, a record broken only now with Prime Minister Narendra Modi’s recent visit to Australia following the Brisbane G20 Summit. Read more

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    By: East Asia Forum | Date: 24 Nov 2014

    Much energy has been expended on projecting the impact of the rise of Chinese economic power on its political and military might and the strategic contest with the United States. Read more

  • By: East Asia Forum | Date: 24 Nov 2014

    The 2014 APEC leaders’ summit witnessed a string of successes in Chinese trade diplomacy. Key among these successes was the endorsement of China’s signature trade initiative as APEC host: the realisation sooner rather than later of a Free Trade Area of the Asia Pacific (FTAAP). Read more

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    By: Marc Chandler | Date: 24 Nov 2014

    If markets can now add to the continued rally in equity prices, we should get a supportive environment for EM assets in the near-term. Longer-term, we are not as constructive. The Fed rate hike looms ahead, while we remain skeptical that China growth will respond in any significant manner to the latest rate cut. Read more

  • By: Marc Chandler | Date: 24 Nov 2014

    The US dollar has begun the holiday-shortened week on a firm note, but the stronger than expected German IFO report helped steady the euro near $1.2400.  Although the Japanese markets closed earlier today, the dollar rebounded toward JPY118.40, as participants recognize official jawboning was more about the pace of the yen's decline than the level. Read more

    • Date: 23 Nov 2014

      Many people assume that politics and economics are separate spheres.  We find ourselves often harkening back to the even older tradition of referring to "political economy". Harold Laswell, regarded as the father of modern political science, famously defined politics as who gets what, when and how. Is not that the role of the price mechanism and the market economy? Read more

    • Date: 23 Nov 2014

      A new phase in the markets began this month.  The Federal Reserve ended its QE3+ purchases.  The Bank of Japan unexpectedly and dramatically stepped up its asset purchases under its QQE operations.  The government's largest pension fund announced aggressive portfolio diversification plan. Read more

    • Date: 22 Nov 2014

      For global governance watchers, this was the big week of the year. Between 7 November and 16 November, the world witnessed an APEC meeting in Yanqi Lake near Beijing complete with a bilateral China–Japan ‘breakthrough’ and a major US–China climate deal; an historic ASEAN and East Asia Summit held in Naypidaw, Myanmar; and a colourful G20 meeting in Brisbane, Australia. Read more

    • Date: 24 Nov 2014

      Much energy has been expended on projecting the impact of the rise of Chinese economic power on its political and military might and the strategic contest with the United States. In a conflation of geo-economic and geo-strategic analysis, two camps have emerged: one warns about the consequences ...Read more

    • Date: 13 Nov 2014

      With oil prices low and showing no sign of an immediate rebound, the industry is beginning to pull back on spending. Oil prices have dropped around 30 percent since summer highs, raising fears among producers across the globe. Yet, many oil majors are relatively diversified, with ...Read more

    • Date: 21 Nov 2014

      Official comments have injected volatility into the foreign exchange market.  As we anticipated, Japanese officials pushed back against the seemingly free-fall in the yen sparked by the aggressive BOJ action and the diversification of the government pension funds.  Finance Minister Aso ...Read more

    • Date: 14 Nov 2014

      The revelation of the leaked Luxembourg tax files and the related reporting of the extent of the tax avoidance industry in the UK should come as little surprise. Tax legislation, and its enforcement in the UK, has been based on a school of thought that encourages the unchecked forces of supply ...Read more

    Debt is the fatal disease of republics, the first thing and the mightiest to undermine governments and corrupt the people.
    Wendell Philips
    He who controls the money supply of a nation controls the nation.
    James A. Garfield
    The moment that government appears at market, the principles of the market will be subverted.
    Edmund Burke