Markets

Does Japan's Democracy Have Room for Women and Children?


A wave of political activism has animated East Asian politics: Taiwan’s Sunflower Student Movement in 2014, South Korean 2015 street protests against President Park’s new labour law, and protests in Japan in 2015 against Prime Minister Abe’s security bills. Youth activism was common to all these movements. Facing challenges in a stagnating economy, the younger generations have developed a deeper political awareness from a sense of marginalisation from political decision-making processes.

It's an Italian Thing


Italian Prime Minister has set the date for the constitutional referendum as late as practically possibly.  It will be held on December 4.  The issue is the perfect bicameralism that gives as much power to the Senate as the Chamber of Deputies. 

Singapore Maintains the Appearance of Democracy


When Lee Hsien Loong collapsed during the National Day Rally speech on 21 August 2016, it shocked not only many Singaporeans, but also leaders from around the world. Although he recovered quickly and was able to finish his speech after a short break, the incident drew attention to the issue of leadership succession in a country that has long experienced predictable politics with little change.

What's Up in Emerging Markets


EM initially benefitted from the FOMC decision, but softened into the weekend.  One culprit was lower oil prices, as reports suggest an output deal is unlikely at the OPEC meeting this week in Algeria.  However, it wasn’t just EM, as the greenback closed firmer against the majors as well.  We still believe that risk and EM should do fine over the next few weeks, as the Fed set a two-month window of steady rates.

Is Japan at the End of the Monetary Rope?


Japan’s monetary gamble and Abenomics are approaching the end of the road. Neither Brussels nor Washington is immune to the adverse consequences of Tokyo's monetary exhaustion, says Dan Steinbock.

Recently, Japan’s second quarter GDP growth was revised up to 0.7 percent, after four consecutive quarters of stagnation. However, don’t set your hopes too high.

A Missed Opportunity for Indonesia


As ASEAN meetings in Vientiane concluded in September 2016, an air of anxiety was already beginning to settle over the Southeast Asian nations. Further resistance against China’s maritime assertiveness in the South China Sea is proving increasingly futile.

China's Growth Augmented by the Diaspora


In 1995, Australia’s Department of Foreign Affairs and Trade published a 350-page report on overseas Chinese business networks, calling them ‘one of the main forces driving the dynamic growth that characterises the region’. This interest reflected the economic clout of the then 50-odd million diaspora Chinese — living mostly in Taiwan, Hong Kong, Macau and Southeast Asia. In the early 1990s, this diaspora was described as rivalling Japan as a business influence across Asia, with a collective wealth comparable to China’s GDP.

China's Eventual Leadership Role


For a great power to lead the world there are a few qualities that it should bring to the table. These include, but are not limited to, material strength, an aspiration for recognition, and sufficient international support. Does China currently possess these qualities?