Markets

23 August 2016

The ‘Dangerous Populist’

The new Philippine president is waging a tough drug war, pushing economic growth domestically and greater pragmatism in foreign policy that could contribute to Southeast Asia’s future. The new Philippine president is waging a tough drug war, pushing economic growth...

23 August 2016

Stabilizing Philippine Economic Growth from the Bottom Up

The local business community is upbeat with the passing into law of Republic Act 10744, otherwise known as the Credit Surety Fund Cooperative Act of 2015 on 6 February 2016. Essentially, the said law provides for the creation and organization...

22 August 2016

How China’s Soft Budget Constraint Created Zombie Firms

This year began with international media attention drawn to the weakness of China’s economy. This prediction was validated on 9 May 2016 when the People’s Daily ran on its front page an article written by President Xi Jinping that expounded...

22 August 2016

Can Philippine President Duterte’s War on Drugs Last?

Duterte is gaining in the war on drugs, but at a terrifying cost to Filipino society.  The Philippines is drowning in a wave of killings as the government of the newly proclaimed President Rodrigo Duterte combats the illegal drug trade....

22 August 2016

Indonesia’s Jokowi Makes a Questionable Appointment

In July, Indonesian President Joko ‘Jokowi’ Widodo courted controversy by appointing a former New Order general who has been accused of human rights abuses, Wiranto, as Coordinating Minister for Political, Legal and Security Affairs. As security and human rights have...

22 August 2016

Emerging Markets React to Dudley and FOMC Minutes

EM ended last week on a soft note.  Fed tightening expectations were buffeted first by hawkish Dudley comments and then by the more balanced FOMC minutes.  On net, the markets adjusted the odds for tightening by year-end a little higher...

19 August 2016

Post-Brexit UK Long-Term Economic Outlook…Meh

Britain’s economy after the vote to leave the European Union has been marked by one word: uncertainty. However, the FTSE 100, the UK’s main stock index, seems to be ticking along nicely. Britain’s economy after the vote to leave the...

19 August 2016

Moody’s Likes Australia’s Credit

Moody’s has reaffirmed Australia’s AAA credit rating, as Malcolm Turnbull seeks to put pressure on Labor and crossbenchers to pass measures to help repair the budget. Moody’s Investor Services said in a statement on Wednesday that reasons for maintaining the...

19 August 2016

African Policy Decisions could Improve with Better Data

African policy makers are increasingly called on to use evidence-based research to inform development decisions. However, this requires the rigorous collection of data as well as a coordinated system to disseminate it. This is why Kenya-based African Population Health Research Center is...

18 August 2016

Many Hope Australian PM Turnbull has a Plan B

Prime Minister Malcolm Turnbull’s first major economic address since the July 2 federal election was, in most respects, the kind of speech one might have expected from a leader who had won with a comfortable margin. He sounded like a prime minister...

17 August 2016

The Clinton Presidency Agenda

According to polls, the race to the White House is over. Clinton has won; Trump has lost. If that proves the case, US economic erosion will slow but imperial foreign policy may escalate, which has critical repercussions in Asia. The...

17 August 2016

Relaxing Financial Controls the Chinese Way

It is as if Hamlet, the confused prince of Denmark, has taken up residence in Beijing.  The famed-prince wrestled with "seeming" and "being".  So are Chinese officials.  They seem to be relaxing their control financial markets, but are they really? ...