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OPINION

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.

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OPINION

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.

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OPINION

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.

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OPINION

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.

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OPINION

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.

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OPINION

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.

OPINION

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.

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OPINION

Trump avoids sabotaging Asia summits by not going

News, Daniel Moss, Published on 06/09/2018

» US President Donald Trump's absence from Asia-Pacific summits will do little harm to America's long-term standing in the region. It might even help.

OPINION

Advice for Malaysia's new ex-PM

News, Daniel Moss, Published on 17/05/2018

» Dear Prime Minister Mahathir, It has been a while since I have seen you personally.

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OPINION

What the US didn't learn from the Asian crisis

News, Daniel Moss, Published on 11/05/2018

» Is the US better off trying to shape the world as party to an imperfect international accord, or as an outsider insisting on better terms?