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Analysis of economics, politics and public policy in East Asia and the Pacific.
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Commercial Bank Reform would help SMEs and ASEAN
Concerns about moderating economic growth and rising income inequality in ASEAN economies have brought small and medium-sized enterprises (SMEs) into the policy limelight. Arguing that SMEs have significant potential...
North Korea-China Relations have Cooled, but are not Cold
Much has been made of the recent cooling of diplomatic relations between China and North Korea and Beijing’s increased emphasis on Seoul. Deteriorating relations since 2012 were confirmed most...
Are China’s Market Woes Just Business as Usual?
At the end of April 2015, FXI — China’s prestigious Xinhua China 25 index, a key indicator of China’s stock market value — climbed dramatically, reaching over US$52 per...
India Struggles to Change the Gender Narrative
The UN declared 2015 the year for global action on development. The post-2015 agenda aims to fill the gaps in the Millennium Development Goals (MDGs) and is far more...
Maldivian Terrorists are Growing in Number
Jihadist activity and Islamic radicalism have been visibly growing in the past decade in the Maldives, traditionally a religiously relaxed Muslim country. The Maldives experienced a terrorist attack in...
Conflicting Goals and Interests Stymie the Renminbi’s Path to Float
There are conflicts among the many objectives shaping China’s exchange rate policy. Politically, China’s leaders are keen on having the renminbi become a major international currency. For this purpose,...
Constant Change in Nepal’s Democracy Quest
Nepal is once again trying to change the nature of its political system. After the end of a 10-year Maoist insurgency in 2006, it is drafting a new constitution....
Measuring the Global Implications of the Xi-Obama Summit
The results of the China–US summit between Presidents’ Xi Jinping and Barack Obama come at a critical turning point in the relationship. They will reshape the direction of the...
Does Democracy Stand a Chance in Thailand?
Corruption has existed in Thai society for a long time. It has contributed to the failure of government projects. The Klong-Dan water treatment scandal in the late 1990s spent...
China-Japan as China Sees It
Evidence of a strain in the diplomatic relationship between China and Japan over the past few years has been most apparent in the absence of summits between top government...