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Analysis of economics, politics and public policy in East Asia and the Pacific.
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Electing a Visionary Leader and Keeping the Vision
Every nation deserves a visionary leader, from whom its citizens can expect real results. India has had its share of visionary leaders. Mahatma Gandhi and Jawaharlal Nehru, to name...
India’s FDI is Booming, but the Economy Needs More
India has pulled ahead of China and United States as the most favoured destination for foreign direct investment (FDI). According to the Financial Times (FT), India received US$31 billion...
Increased Access to Public Services in Laos is Distorting Broader Inequality
Since 1990, global inequality has declined, following almost two centuries of gradual increase. Inequality has fallen between countries, but increased, on average, within countries. On average, poor countries have...
It Appears that India Will Give a Goods and Services Tax a Try
India is moving towards introducing a Goods and Services Tax (GST). The GST would be a multistage comprehensive value added tax (VAT) encompassing both goods and services. Given the...
Shedding Light on Japanese Governance Reforms
The burst of Japan’s massive financial bubble in 1990 caused the value of stocks, land and other assets to plummet. Japanese banks had financed their asset purchases using them...
Is the IMF Overstretched?
The Annual Meetings of the World Bank Group and International Monetary Fund (IMF) in Lima, Peru have now concluded. This year’s meetings saw debates on the normalisation of US...
Singapore’s Relationship with Indonesia is Lost in the Haze
The haze enveloping Singapore since June 2015 highlights the significance of its bilateral relationship with Indonesia. Just as Singaporeans cannot escape the devastating health impact of ‘slash-and-burn’ deforestation in...
Securing Peace a Monumental First Step for Myanmar
On 15 October 2015, the Myanmar government and eight ethnic organisations signed the final version of a Nationwide Ceasefire Agreement (NCA). The agreement had been under negotiation since August...
Japanese Manufacturing in China may be Down, but not Sales
In early 2015, Japanese companies, Panasonic and Toshiba, announced that they would stop producing television sets in China. As Japan continues to decrease its investment in China, the two...
The US is not Helping its Case in the South China Sea
Strong calls continue in Washington for the US Navy to increase its freedom of navigation (FON) activities in the South China Sea. This is despite apparent differences of view...