Pacific Island Women are Making Their Mark
Dame Meg Taylor is no ordinary woman. The first woman to be appointed to the position of Secretary General of the Pacific Islands Forum has a proud track record of breaking boundaries on behalf of Pacific women. As PNG’s first...
Greece, Australia, the Bank of Japan, and U.S. Labor Market Conditions Open the Week
The US dollar firmed in thin Asian turnover, but now is slightly lower against most currencies as US traders return to their posts. Many centers remain closed and participation is light. The US dollar firmed in thin Asian turnover, but...
The Upcoming Week’s Issues That Should Hold Market Participants’ Attention
We identify six key issues facing investors: - US economy - Brinkmanship in Athens - Cyclical recovery in Europe - BOJ policy response - RBA meeting - Oil prices US Economy We identify six key issues facing investors: - US...
Is National Government Decentralization Timor-Leste’s Economic Growth Solution?
Timor-Leste’s new Prime Minister, Rui Araujo, has inherited a policy of decentralising the nation’s governance. Given capacity issues, this process is unlikely to bring broader-based rural development to Timor-Leste in the short term. But, if managed effectively, greater decentralisation could...
The Dollar’s Kryptonite in the Form of a Jobs Report
The US March employment report makes for dismal reading. Job growth collapsed to 126k, the least monthly total since December 2013. Adding insult to injury, there was a 69k downward revision to this year's job growth. The average workweek slipped...
Now is not the Time to Practice Corporate Tax Avoidance in China
China’s tax authority announced in February 2015 monitoring multinational firms more closely in an effort to crack down on tax avoidance. The policy is part of the Base Erosion and Profit Shifting project, which is a collective effort of G20...
Singapore’s PAP Faces Far More Complex Challenges After Lee’s Passing
Lee Kuan Yew leaves behind an immense legacy. As Singapore’s first statesman, Lee inadvertently became the leader of an independent city-state after Singapore was expelled from Malaysia in 1965. He led a government of very talented officials who together transformed...
Japan’s Fiscal and Monetary Solutions are Exceptionally Harsh
Japan is facing a dual problem of an ageing population and increasing government debt. While pension payouts will balloon out in the next decade, a low tax base means that the government will struggle to finance this. In 2013, Japan’s...
Where is Greece on Germany’s Priority List?
After several months of tense and often antagonistic negotiations, Greece and its creditors appear to be at a stalemate. In order to receive a further bail-out funds, the Syriza government has proposed a set of reforms that in the view...
The Unusually Complicated Australian Submarine Procurement Process
Procuring a new fleet of submarines is a daunting task for any government. The capability requirements, technological challenges, project timelines, and costs involved all make submarine procurement a complex challenge. Procuring a new fleet of submarines is a daunting task...
Lee Kuan Yew Transformed Singapore
Lee Kuan Yew was quite simply, and unquestionably, one of the outstanding national leaders of the last hundred years. He worked on a small canvas, but what he achieved in tiny Singapore not only transformed the lives of his own...
ASEAN Would Benefit from Indonesia’s Leadership
ASEAN would benefit from stronger leadership however, Indonesia, the country best placed to take up that role, appears unwilling. Indonesia could be the leader that ASEAN needs, but it intentionally refrains from asserting its influence over the association. This is...
Correlation Shifts Between Currencies and Equity Indices
The divergence meme that had the US well ahead in the global business cycle produced a virtuous cycle. The dollar and US stocks rallied together. However, with the dollar's appreciation spurring concern about US corporate earnings, and the negative interest...
A Look at the Week in the Emerging Markets
EM currencies are starting the week under pressure again from a broad based dollar recovery. While expectations for a Fed lift-off remain in flux, the recent rebound in the dollar suggests that on a relative basis, the US economic and...
Fiji’s Latest Voting Generation has Survived Four Coups Since 1987
The ‘coup babies’ are the generation that were born around the years before and shortly after Fiji’s first coup of 1987. The majority of this generation voted for the first time in Fiji’s 2014 elections, after living through two coups...

















