Japan is not Really an Export-Oriented Economy
The surging yen has been the main feature in the foreign exchange market in recent days, but its advancing streak has been stopped with today's setback. The greenback traded briefly dipped below JPY107.70 in North America yesterday but has not...
Australia’s High Housing Costs Heighten Hospitality Headwinds
Watch any tourism or branding campaign for an Australian city, and chances are you’ll see plenty of appealing imagery of amenities in and around the CBD – be it restaurants, nightclubs, parks or galleries. It is a common mantra in...
Australia’s Dynamic View of Asia
As the China boom passes into history and Australians are left to rethink their relationship with that vast country, politicians will seek to craft a new ‘Asia’ in the Australian imagination in response to new circumstances. That has, after all,...
Is China Dreaming?
The ‘China Dream’, a signature slogan of President Xi Jinping, has drawn worldwide attention. At a time when the growing assertiveness of China is being linked to the revival of the idea of Sino-centrism, the resurgence of a once ‘humiliated’...
Helpful Transport Projects Stuck in Australia’s Slow Lane
Governments should open up their transport project funding decisions to greater scrutiny, including tabling an independent cost-benefit analysis in Parliament, recommends a new report from think-tank the Grattan Institute. Governments should open up their transport project funding decisions to greater...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...