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Analysis of economics, politics and public policy in East Asia and the Pacific.
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Repairing the Holes in the Global Financial Safety Net
On 4 February IMF Managing Director, Christine Lagarde warned that the global financial safety net — the international resources and institutions designated to fight economic crises and prevent contagion...
China’s Rise to Challenge the U.S.
China’s rise as a quasi-superpower represents the most important change in the international system in the 21st century. China is now widely viewed as the de facto strategic rival...
A Larger Security Role is Way Off for India
Is India emerging as a great power? French President François Hollande’s recent trip to India included a joint statement with Indian Prime Minister Narendra Modi, which focused on security...
Vietnam’s Doi Moi Policy is in Need of Renewal
The Doi Moi (renovation) policy initiated by the Communist Party of Vietnam (CPV) in 1986 transformed Vietnam’s economy at the time. However, the 30-year-old Doi Moi policies have long...
India Can Not Afford to Drop the SEZ Ball
India’s Special Economic Zones (SEZ) policy, announced in April 2000, has been the single most important initiative ever taken by the Indian government to promote private investment in industrial...
Vietnam’s Big Neighbor Looms Over its Future
After one of the most highly contested Vietnamese Communist Party (VCP) elections to date, the incumbent General Secretary Nguyen Phu Trong was re-elected to the top post of the...
Economically Deprived Philippine Communities Lure Islamic State
Is the so-called ‘Islamic State’ (IS) militant group gaining a foothold in the Philippines? The declaration of the first IS wilayat (province) in Southeast Asia appeared possible after Filipino...
Does the TPP Need China, and Vice Versa?
The Trans-Pacific Partnership (TPP) may yet be the agreement that most transforms national regulatory systems. It could be even more transformative than the Uruguay Round (1986–1994) that delivered the...
From Negative Rates to Positive Growth?
The Bank of Japan (BoJ) started quantitative and qualitative monetary easing (QQE) in 2013, committing to achieve 2 percent inflation in two years. Since then, almost three years have...
Laos Looks to Obama’s Visit to Boost Ties to U.S.
Leadership changes announced at the 10th Congress of the ruling Lao People’s Revolutionary Party will give the United States an opportunity to boost ties with Laos when President Barack...