Indonesia’s presidential election is a fight over which candidate has the vision to turn the country into an elite global economic power. And this time millennials and the middle class will hold a decisive vote. The winner of the April 17 poll—which also includes legislative elections—will play a pivotal role in ensuring whether Indonesia reaches […]
Given the failures to foresee the 2008 financial crisis and subsequent weak recovery, it is easy to think that economists have little to offer in the way of predictions. But when it comes to national-level GDP growth, past projections have largely been borne out; even when wrong, they can be used to diagnose structural problems. […]
If China were to replace the United States in the role of global leader, then its internal reality would shape the outside world, just like that of Britain did and that of America still does. And right now, the internal reality in question is not pretty at all. In fact, China is in the process […]
Chinese local governments are swimming in debt. By official accounts, that debt totals $4.5 trillion. By unofficial estimates, it could be as large as $10 trillion…China has long borrowed heavily to build and then counted on breakneck economic growth to pay it back. The script: Sell vast amounts of land to developers, borrow to subsidise […]
Looking at the foreign policy sections of the election manifestos, you might be forgiven for thinking that the Indian political class is barely interested in the world beyond its shores. On the face of it, this seems odd. After all, India’s relative weight has rapidly risen in the last two decades. Read Here – The […]
The U.S. decision to remove India from the Generalized System of Preferences program last month, citing its lack of “equitable and reasonable” market access, was the toughest action of the Trump presidency against the country…Stronger measures against India by Congress and the president are indicative of a broader anxiety in the Republican Party that views India […]
Grappling with a crippling economic crisis at home, Pakistan is compelled to tread slowly and carefully in the emerging geoeconomics and politics of the region. Although financial help and support from China, Saudi Arabia and the UAE have contributed to partially resolving the country’s balance of payments crisis, yet an IMF bailout seems inevitable. Some would translate it as a return […]
World renowned for its meticulous planning and distinct skyline that featured in the Hollywood hit film Crazy Rich Asians, Singapore depends on a large pool of blue collar migrant workers from countries like India, Bangladesh and Myanmar to power its building and construction sector, which was valued at nearly US$22.5 billion in 2018 Read Here […]
Brussels has misread Beijing’s global aspirations – there is no grand plan behind Chinese acquisitions of European assets. But, as China becomes a stakeholder in Europe, the continent should adopt a pragmatic strategy to profit from this. Read Here – South China Morning Post
There is no longer any question that both US President Donald Trump and Chinese President Xi Jinping want an end to the trade war that has weighed on global trade and business investment and still threatens to drag the two superpowers into economic recession. Read Here – Asia Times
looking beyond borders 