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Analysis of economics, politics and public policy in East Asia and the Pacific.
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Will Kuroda’s ‘can do’ approach succeed for Japan’s economy?
Under the leadership of Governor Haruhiko Kuroda, the Bank of Japan (BOJ) in March-April 2013 did a 180-degree turnaround: it declared that it had the monetary policy wherewithal to...
Vietnam Middle Income Trap Could Happen with a FDI-based Economy
The Vietnamese economy has experienced a downturn in growth since 2008. In the past five years, the growth averaged about 5.5 per cent a year and is not expected...
Is the ASEAN Economic Community Making Enough Progress?
Launched as a political bloc and security pact in the aftermath of the Vietnam War, ASEAN has evolved to embrace an ambitious economic agenda. Its latest project is to...
Indonesia’s Jokowi Could be Plagued by the Red and White Coalition
Many commentators assumed following Indonesia’s 9 July presidential election that members of defeated candidate Prabowo Subianto’s six-party ‘Red and White’ coalition would not want to be locked out of...
Foreign Banks Granted Licenses to Operate in Myanmar
On 30 September the Central Bank of Myanmar (CBM) announced the names of the nine foreign banks that are to be awarded licenses to operate in the country. It...
More about ‘Abenomics’ in Japan and it’s Potential
After two decades of stagnant growth and the Fukushima triple disaster, Japan appears more confident both domestically and internationally. The economy has been inflated, much-needed social change is being...
Lessons from Japan’s ‘Abenomics’
One of the striking things about the past few decades of Japan’s economic history has been the fact that textbook macroeconomics could have predicted most of it. Back in...
Attracting Foreign Talent Means Overcoming the Japanese Language Barrier
In May 2014, the Japanese government announced its plan to attract ‘foreign talent’ as part of a campaign to further economic growth. The plan consists of three key points.First...
India Needs to Pursue Meaningful Free Trade Agreements
When India began negotiations with ASEAN in 2004 for a free trade agreement (FTA) covering the goods sector, it marked a major step in the evolution of the country’s...
The Economic Side of the Hong Kong Pro-Democracy Protests
For years, Beijing has feared colour revolutions. Now, it has one on Chinese soil. The Occupy Central movement has morphed into the Umbrella Revolution. Tens of thousands of Hong...