Showing 1 - 10 of 25
India's economy is stronger than Trump thinks
News, Shang-Jin Wei, Published on 04/10/2025
» India has long benefited from geopolitical arbitrage, maintaining working relationships with Russia, the United States, and Europe. But this delicate balancing act is now being tested by a series of policy shocks delivered by US President Donald Trump's administration. These disruptions, unlikely to ease anytime soon, raise a critical question: Can India retain its status as the world's fastest-growing major economy?
How might China manage Trump's tariff war?
Oped, Shang-Jin Wei, Published on 24/04/2025
» China has taken a tough stance against US President Donald Trump, matching the last two rounds of US tariffs with tariffs of its own. The US tariff on goods from China is now 145%, while China's is 125%. Why does China take such a position, and are there any off-ramps that would allow it to mitigate the costs of a prolonged trade war?
How to counter Trump's tariffs
Oped, Shang-Jin Wei, Published on 19/02/2025
» After months of threats and speculation, US President Donald Trump has officially launched his long-anticipated trade war. He has just imposed 25% tariffs on all steel and aluminium imports. His new 10% tariff on Chinese imports will further strain the world's second-largest economy, which is already grappling with slowing growth and unfavourable demographics. And his postponed -- but not cancelled -- 25% tariffs on Canada and Mexico, together with threats to impose new tariffs on the European Union, India, and many more countries, put greater pressure on key US allies.
Reforming the UN Security Council
News, Shang-Jin Wei, Published on 09/10/2024
» As world leaders recently convened in New York for the United Nations General Assembly, the prospect of reforming the Security Council emerged as a major topic of discussion. A key question is whether the Council should add more permanent members.
China's stimulus could be a boon
News, Shang-Jin Wei, Published on 07/10/2024
» The timing of China's new stimulus package is not coincidental. Arriving just before the 75th anniversary of the People's Republic, the announcement was well-received by equity investors, leading to a surge of more than 15% in the country's main stock indices.
Time to boost South-South ties
News, Jong-Jin Kim, Published on 12/09/2024
» In the Asia-Pacific region, countries are turning increasingly toward their neighbours for ideas on sustainable development.
Improving the region's food safety
Oped, Jong-Jin Kim, Published on 07/06/2024
» In a region with poor food safety standards, policy makers, the private sector and consumers in Asia and the Pacific must do better.
Asia-Pacific's loss of biodiversity
Oped, Jong-Jin Kim, Published on 22/05/2024
» In recent months, the Food and Agriculture Organization of the United Nations (FAO) and others have pointed to an increase in food insecurity and "hunger hotspots" in various parts of Asia and the Pacific. While conflicts and climate crises can carry some of the blame, we must acknowledge that the slow but steady erosion of our region's biodiversity is an equal or even greater threat to our future food security.
The correct response to Beijing's EV subsidies
Oped, Gernot Wagner & Shang-Jin Wei, Published on 09/04/2024
» US Treasury Secretary Janet Yellen's nearly weeklong visit to China, now underway, will most likely focus on US concerns about Chinese subsidies to producers of electric vehicles and other clean-tech goods.
Protect forest, fresh water resources
Oped, Jong-Jin Kim, Published on 21/03/2024
» United we stand, divided we fall -- it's an old cliché, but when talking about access to fresh water in this Asia and Pacific region, it's worth reminding ourselves how imperative it is to work together, within countries and across borders, to share and protect this precious resource.