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    By: The Conversation | Date: 24 Oct 2014

    The “economic problem” of today is firmly in the driving seat of policy with higher economic growth the ultimate goal of many policymakers. But is growth of the economy – producing more goods and services (usually measured as the percentage change of GDP) – a good indicator of well-being or the quality of life? Read more

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    By: East Asia Forum | Date: 24 Oct 2014

    Since Thailand is currently undergoing national reform, public spending should be geared towards repositioning the country’s economic fundamentals while honouring long-term fiscal stability. Infrastructure improvement is a must for Thailand to fully benefit from its geographical advantage at the heart of ASEAN. Read more

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    By: Marc Chandler | Date: 24 Oct 2014

    The headlines about a NY doctor testing positive for Ebola yesterday took off some of the enthusiasm for risk takings. Mali also confirmed its first case of Ebola.  Intra-EU politics is set to heat up again after it demands more funds from the UK and the Netherlands. Tonight will be the last debate ahead of Sunday’s much awaited presidential elections in Brazil. Read more

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    By: Marc Chandler | Date: 23 Oct 2014

    India’s equity index continues to outperform following Prime Minister Modi’s decision to end fuel subsidies on diesel.  On Friday, Moody's cut Russia by a notch to Baa2 and kept the outlook at negative.  Russian state oil company Rosneft is reportedly seeking over RUB2 trln from the Wellbeing fund.  South Africa's mid-term budget review was positive.  Petrobras had its credit rating cut by Moody’s. Read more

  • By: East Asia Forum | Date: 23 Oct 2014

    There is a positive trend in RMB as a reserve holding, but it is still small compared to other global currencies. Financial markets are still not as deep and liquid as those in developed countries, and are much less than those with global currencies. While the accomplishment is impressive, the RMB is still far from being a full-fledged international currency. Read more

    • Date: 23 Oct 2014

      As Japan seeks to diversify its investments beyond China, an opportunity arises for Vietnam to attract greater international investment. Read more

    • Date: 23 Oct 2014

      Last week's drama was not the beginning of something as the pessimists and cynics would have it.  Our inclination that it was the end of something--that the pendulum had swung unreasonably far unreasonably quickly--is panning out  Read more

    • Date: 22 Oct 2014

      The proposed Asian infrastructure bank could galvanize growth in emerging Asia and boost lingering global recovery.  According to Western media, the Asian Infrastructure Investment Bank (AIIB) is to rival the World Bank and the Asian Development Bank (ADB).  In reality, the idea of the AIIB was put forward more than a year ago; not to undermine either the World Bank or the ADB, but to deliver the promise that both have failed to deliver – sustained growth in emerging Asia.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