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Analysis of economics, politics and public policy in East Asia and the Pacific.
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Abe Visits Putin, Counter to U.S. Wishes
The two most prominent features of Japanese foreign policy are caution and the US alliance. Prime Minister Shinzo Abe’s decision to travel to Sochi for a summit with President...
India’s Job Creation Data not Reflective of Good Times
Prime Minister Narendra Modi’s promise of ‘good days’ that underpinned his 2013 election campaign is premised on moving India away from its dole-and-entitlement development model to one that empowers...
Meanwhile in the Central Philippine Sea
While tensions continue to rise in the South China Sea and the disputing governments nervously await a decision in the Philippines’ arbitration case against China, an important sideshow has...
China’s Economy: Mostly Planned or Mostly Market
There is a recurring question on the nature of China’s economy — is it mostly planned or mostly market? This question has become more concrete this year as China’s...
Japan is Aging and Shrinking, but there are Little Signs of Panic
The population of Japan peaked in 2008 at 128 million. With the fertility rate — or births per woman — falling below 1.5 at the beginning of the 1990s...
Combating India’s High Youth Unemployment through Education Reform
The Jat reservation agitation has caused considerable social and economic trauma in India, especially in the national capital region around New Delhi. The agitation began as a series of...
Prioritizing the G7 Countries’ Priorties
Later this month, Japan will host the 42nd G7 summit. One point of discussion will be Japan’s plan to increase its consumption tax in April 2017. Nobel laureates Paul...
But What if You’re Already Using Unconventional Monetary Policy?
On 29 January 2016, the Bank of Japan (BoJ) announced its monetary policy for the New Year: quantitative and qualitative monetary easing with a negative interest rate. The policy...
India is Giving its Trade Strategies a Rethink
India’s approach in negotiating regional and bilateral free trade agreements (FTAs) is again in sharp focus. Concern is rising over long delays in concluding a number of major agreements...
Intra-Regional Trade Lagging in South Asia
Recent decades have witnessed a growing trend towards regional economic integration. As of February 2016, some 625 notifications of regional trade agreements had been received by the WTO and...