Showing 1 - 8 of 8
Cutting Asia's reliance on dollars
Oped, Yasuto Watanabe & Hiro Ito, Published on 02/10/2025
» The US dollar remains the world's leading reserve currency, but recent developments -- particularly President Donald Trump's unilateral economic diplomacy, including weaponisation of the dollar -- have fuelled doubts about whether it will maintain that status. While some of America's geopolitical rivals may hope to displace the dollar, the real challenge facing Asian economies is to manage the vulnerabilities created by their heavy dependence on it.
Asean+3's role in a rapidly fragmenting world
News, Hoe Ee Khor & Jae Young Lee, Published on 20/06/2025
» The risks posed by the fragmentation of the multilateral trading system transcend mere inefficiencies. Without a coherent, rules-based framework, global value chains will become vulnerable, investment risks will rise, and smaller, trade-dependent economies will be left increasingly exposed to the arbitrariness of bigger nations.
A new policy agenda for Asia
Oped, Hoe Ee Khor & Runchana Pongsaparn, Published on 01/02/2024
» The global economic landscape is changing fast. Scarring from the Covid-19 pandemic has weakened potential growth, making slower income gains the new normal for many countries.
Fiscal policy is key to the post-pandemic recovery
News, Andriansyah Andriansyah & Sotheareach Sok, Published on 07/12/2021
» Thailand's economy contracted in third quarter of this year 2021 -- largely because of pandemic lockdowns -- after registering 7.6% growth in the previous quarter. While the country's economy should improve next year because of the easing of Covid-19 restrictions, the opening up of Thailand's borders to tourists last month could lead to a resurgence in infections, a retightening of restrictions, and relapse in economic growth.
Fixing the US-China tech split
Oped, Hoe Ee Khor & Suan Yong Foo, Published on 12/08/2021
» Heightened US-China tensions have raised the prospect of a deep global technology divide, potentially forcing other countries to choose which camp to join. There are plenty of grim scenarios involving irreconcilable splits between core technologies that power a wide range of products and services, from aircraft and automobiles to precision engineering for robotics and payment systems for e-commerce. Should these scenarios materialise, the world's two largest economies will pour huge amounts of resources into a zero-sum race to control technology's cutting edge.
Uncle let us down
News, Postbag, Published on 16/08/2020
» Did Uncle Tu (the prime minister) do anything he said he would do?
Can Asean weather another crisis?
News, Bandid Nijathaworn, Published on 19/04/2019
» With the global economy slowing and the risk of a recession looming on the horizon, the question that arises is whether countries in Asia have the resources and capacity to manage such a crisis, considering the current prolonged policy uncertainties and the lack of global leadership to forge an unified response.
Asia's private-bank party on thin ice
News, Nisha Gopalan, Published on 05/10/2018
» Every day, it seems like another wealth manager joins the scramble for Asia's growing ranks of millionaires, especially those from China. With cash streaming in, there hasn't been much reason for private banks to worry about high costs for things like salaries, technology and compliance.