President Barack Obama will become the first sitting U.S. president to visit Myanmar, one of three stops on a Southeast Asia trip this month. Obama will meet with President Thein Sein and opposition leader and former political prisoner Aung San Suu Kyi in Rangoon, Myanmar, as part of U.S. efforts to encourage the transition to democracy in the country, […]
Preparing for a recent trip to Indonesia last week, I came across an article by Meidyatama Suryodiningrat, the editor of the feisty Indonesian daily Jakarta Post, protesting that the Obama administration’s “pivot” to Asia seemed too much like an attempt to start a cold war against China, with the help of its neighbors. America’s “economic intentions and wherewithal” in […]
The first time I met Raghuram Rajan, the Indian economist couldn’t sit still. It was over coffee in Bangkok in November 2008, less than two months after Lehman Brothers Holdings Inc. imploded and almost took the global financial system down with it. Rajan had become a big draw by then, having warned as early as 2005 […]
Populist economics is on the rise in Southeast Asia. Politicians have been actively adopting policies that aim to impress upon the poor that governments are doing something, however trivial, to improve their conditions. It is generally a positive development but is it sustainable? Thailand’s Thaksin Shinawatra was ousted as Prime Minister in 2006 but has remained popular […]
Premier Yingluck Shinawatra has repeated the phrase often enough – to the point that she might finally be convinced of the statement herself: “I am the prime minister and I am in charge.” Even die-hard sceptics will have to admit that the premier has recently demonstrated a higher degree of confidence in her work – […]
A hard landing in China could expose a large number of countries to unforeseen consequences and dash hopes of a global recovery. China’s plight also drives the final nail into the coffin of the once fashionable theory of “decoupling”, which argued for an autonomous economic sphere around China that could soar even as the US […]
Politics and organised crime are not strange bedfellows in any country, but what makes a country like Thailand stand out is that it’s a norm, rather than an exception. It is well practised and celebrated, out in the open and in the face of society, rather than skeletons hidden in the closet. To understand this […]
Foreign direct investment (FDI) in the retail sector has been at the epicentre of national debate. Much has been said on India possibly losing out on investment by sending a wrong policy signal. But do we really need to get so worked up? Considering the anticipated level of inflows on account of FDI in retail, […]
The rise of information and communication technologies has not only revolutionized how people interact with each other but also forced many governments to operate in significantly altered political landscapes. In some cases governments can help unleash the full potential of an open and free internet; for instance, by ensuring that the web is accessible and affordable […]
Foreign direct investment (FDI) in the retail sector has been at the epicentre of national debate. Much has been said on India possibly losing out on investment by sending a wrong policy signal. But do we really need to get so worked up? Considering the anticipated level of inflows on account of FDI in retail, there […]
looking beyond borders 