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...
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...
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...
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....
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...
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...
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...
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...
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...
Japan’s Government Accelerates Market-Oriented Agricultural Reforms
In 2015, the government of Japanese Prime Minister Shinzo Abe spearheaded a series of unprecedented amendments to the 1947 Agricultural Cooperative Law. These changes will loosen the stifling controls of the national and prefectural organisations of Japan Agricultural Cooperatives (JA)...
In Australia, Higher Sunday Pay is an ‘Accident of History’
Two big claims underpin attempts to cut penalty rates for Sunday workers in the retail and hospitality sectors: that they are no longer needed or relevant, and that they cost jobs. Two big claims underpin attempts to cut penalty rates...
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...
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...
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? ...
Should Australians Have Known more about the Ausgrid Decision?
Treasurer Scott Morrison has decided not to approve a controlling stake for either of two Chinese bidders in Ausgrid, the electricity network in New South Wales. He has cited national security concerns but has refused to be drawn further on the reasons....