Showing 1 - 10 of 10
Thailand wants faster inflation
News, Daniel Moss, Published on 06/06/2024
» It's hard to find a leader anywhere these days who will argue the case for faster inflation. Politicians would rather drink hemlock than call for a renewed acceleration; they are often too busy nodding sympathetically at what their opponents call a cost-of-living crisis. But there is a kingdom where calling for more elevated prices, sooner, isn't off limits. In fact, the government embraces the concept.
Implications of an ageing population
Oped, Daniel Moss, Published on 11/04/2024
» Thailand is racing to both revive -- and renovate -- the economy, bringing with it profound social changes. Infamous for its role in Asia's financial meltdown a generation ago, the country is today running headlong into a hurdle confronting the region: a dwindling and greying population.
The silver lining of Widodo's big economic miss
News, Daniel Moss, Published on 15/02/2024
» By his own standards, Joko Widodo has fallen well short of a major economic goal during his decade leading Indonesia. Growth has been laudable in a neighbourhood where the pace of expansion is undergoing a long-term slowdown, but nowhere close to the outgoing president's lofty ambitions. That's a pity, because part of Mr Widodo's attraction as a candidate in 2014 was his image as a self-made businessman, an outsider who could nudge the country towards achieving its much-promoted potential.
Global rate-cut debate unfolding
News, Daniel Moss, Published on 19/01/2024
» From villains to heroes. If there's one theme that has dominated markets in the opening days of the year, it's been breathless speculation about which central bank will cut interest rates first and by how much: It's no longer if but when. There's little doubt that borrowing costs will be lower in many key economies well before the end of 2024. Even the notoriously hawkish Bundesbank is on board.
The danger of talking down immigration in Oz
News, Daniel Moss, Published on 11/01/2024
» Pre-pandemic Australia looks like hallowed ground that the contemporary economy will struggle to surpass. For local officials who aspire to take a crack at emulating a celebrated decades-long expansion, it's important not to downgrade a vital component that's become radioactive: immigration. The country's politicians are showing a worrying lapse in memory.
Asia's very complicated pause in interest rates
News, Daniel Moss, Published on 07/03/2023
» Interest-rate pauses aren't exactly in trouble, but things are beginning to look awkward for officials eyeing a decent break. World growth isn't falling off a cliff and inflation has failed to ease up quite as expected in some big economies. The more fortitude the expansion shows, the greater the risk of a policy mistake. At least last year, the direction of policy was abundantly clear.
Downturn doesn't mean disaster
News, Daniel Moss, Published on 10/01/2023
» The new year has been rung in by a buildup of recession chatter. From Washington to Singapore, anxiety about a downturn is intensifying. While there are good reasons to be dour about the prospects for the global economy, 2023 doesn't have to be a write-off. It could even turn out relatively well, given the prevailing pessimism.
Jailing Najib is a win for Malaysia
News, Daniel Moss, Published on 25/08/2022
» Let's hear it for Malaysia. Something unimaginable just a few years ago has transpired. A former prime minister, the scion of a prominent political dynasty who retained a strong grassroots following as a top lawmaker, has been sentenced to prison. His fall is a tonic, however brief, for a country whose politics in recent years have been marred by rancor, cynicism and a revolving door of weak governments.
Is the IMF ready to weather another financial crisis?
News, Daniel Moss, Published on 04/10/2018
» Christine Lagarde and the International Monetary Fund have answered the easy question but dodged the hard ones. Yes, of course an era of tit-for-tat tariffs dims the global economic outlook. So what can the IMF do about it? Does it need more funding to protect the international economy, given the weakening scene?
Global trade is flourishing (for emerging markets)
News, Daniel Moss, Published on 20/09/2018
» The West has turned hostile to open markets, but trade isn't in retreat everywhere. In other parts of the world, it's flourishing.