Markets

5 April 2016

The Complexities of Vietnam’s Reform Path

In late January 2016, the Vietnamese Communist Party (VCP) held its 12th National Congress to select leaders and set policy guidelines for the next five years. Although every VCP congress is a time of intense power struggles, the 12th Congress...

4 April 2016

The ‘Nine-Dash Line’ and…Fishing?

Western and Asian governments and commentators have pilloried the Chinese government for its inscrutability on the so-called ‘nine-dash line’ in the South China Sea. Because the nine-dash line allegedly lacks a basis in international law as reflected in the United...

1 April 2016

Should the JSE Be Worried about a New Rival?

Martin Good / Shutterstock.com Martin Good / Shutterstock.com The recent announcement of the imminent opening of a rival stock exchange to the Johannesburg Stock Exchange (JSE) caused considerable media excitement. It is indeed a historic development in South Africa’s economic...

31 March 2016

China’s Revisionist Behavior has the Region on Edge

China’s pattern of regional conduct has come increasingly into focus in recent times. Its behaviour is much less about maintaining the ‘status quo’, and much more about revising the established dynamics and contours in the region to its preferences. This...

30 March 2016

Beyond the Hype of China in Africa

In December 2015, Chinese President Xi Jinping flew into South Africa for the Forum on China-Africa Co-operation with great fanfare. There were many announcements about prospective investments across Africa. Agriculture featured prominently. However, what is the real story of China...

30 March 2016

Malaysian’s Disillusioned over Dimming Democratic Hopes

The current scandal embroiling Prime Minister Najib Razak has led the Malaysian government to crack down on press freedoms. However, a restricted mainstream Malaysian media has not stopped the publishing online of information on the ongoing corruption scandal surrounding the...

29 March 2016

Japan’s Conspiring Demographics

Japan’s economy is stagnant and has been so for quite some time now. It looks as if Japan is now in the ‘upper income trap’. In comparison with its 10 percent real GDP growth rate between 1950 and 1960 and...

28 March 2016

Act East, but Hurry

Since the turn of the 21st century, the Asia-Pacific region has become central to Indian strategic thinking. The Act East policy, unveiled by the Indian Prime Minister Narendra Modi in late 2014, reinforced this objective. Moreover, during his visits to...

28 March 2016

Australia Spells Out South China Sea Policy

Australia’s 2016 Defence White Paper (DWP) directs Australia’s strategic attention towards maritime Southeast Asia. While the 2009 and 2013 Defence White Papers also focused on this region, the 2016 DWP bluntly expresses Australia’s concerns in the South China Sea. In...

28 March 2016

The European ‘Union’?

As the Eurozone is amid secular stagnation, its old fiscal, monetary and banking challenges are escalating, along with new threats, including the Brexit, demise of Schengen, anti-EU opposition and geopolitical friction. According to Dan Steinbock, Brussels can no longer avoid...

25 March 2016

The UK Economy is Benefiting from EU Migrants

Migration and the principle of free movement within the EU is one of the main issues in the debate over whether Britain should remain in the EU. Polls suggest that the public is very sympathetic to the idea that the...

25 March 2016

Probably Not The Best British Budget

After a rollercoaster week for Britain’s chancellor, his eighth budget has been approved. George Osborne will be breathing a sigh of relief. After proudly announcing his budget on March 16, things began to unravel just 48 hours later, thanks in...

23 March 2016

The Aussie Way to a Realistic Defense Budget

The Hobbesian tones of Australia’s new Defence White Paper of 2016 (DWP16) have been noted already and most have come to see the concepts and capability proposals outlined in DWP16 as being reasonable and relatively balanced. There are those who...