Showing 1 - 10 of 19
Is Takaichi Sanae the 'Iron Lady' of Japan?
Oped, Koichi Hamada, Published on 10/11/2025
» For the first time in its history, Japan's parliament has selected a woman, Takaichi Sanae of the Liberal Democratic Party, to be prime minister. In this sense, Ms Takaichi has already followed in the footsteps of her political idol, Margaret Thatcher -- the UK's first female PM. But whether she is remembered as Japan's own "Iron Lady" will depend on her ability to manage three key challenges: inflation, low female labour-force participation and a fraught geopolitical environment.
China's unbeatable new export is not a product
Oped, Jeffrey Wu, Published on 24/07/2025
» The Chinese "cannot be allowed to export their way back to prosperity", argues US Secretary of the Treasury Scott Bessent, who claims that China's economy is the "most unbalanced in history". Such remarks reflect the growing fear in Washington that China's overcapacity, subsidies, and dumping are distorting global trade.
Monetary policy really needs to tighten in Japan
Oped, Koichi Hamada, Published on 12/11/2024
» Last month, returning to Japan for the first time since the Covid-19 pandemic, I was struck by how significantly prices had increased. In February 2020, a simple lunch in downtown Tokyo cost about JP¥1,000, then the equivalent of about $10 (324 baht); today, it costs more like JP¥2,000. To some extent, this mirrors the experience in the US, where, even as inflation moderates, prices remain well above their pre-pandemic levels. The difference is that Japan has also experienced a sharp currency depreciation, which benefits foreign visitors: that JP¥2,000 bill translated to just $13.
Trump versus China; round two on the way
Oped, Angela Huyue Zhang, Published on 09/11/2024
» In August 2019, amid an escalating trade war with China, then-US President Donald Trump fired off a series of tweets directing American companies to "immediately start looking for … alternative[s] to China" and shift their manufacturing back to the United States. The demand sent stock markets into a tailspin and alarmed US businesses with exposure to China.
2011 all over again?
Oped, Postbag, Published on 31/08/2024
» Re: "Chao Phraya River basin raises flood risk", (BP, Aug 26).
The hazard of lower interest rates
Oped, Dambisa Moyo, Published on 20/06/2024
» When interest rates decline and stabilise, financial-market participants tend to take on greater leverage and risk. The challenge for regulators, then, is to prevent those risks from becoming systemic and causing a broader economic crisis.
Japan ranks 'number four' as fortunes wane
Oped, Takatoshi Ito, Published on 07/03/2024
» Harvard Professor Ezra Vogel's 1979 book, Japan as Number One: Lessons for America, became an instant bestseller in Japan. The flattering title certainly helped sales, but it was the book's central argument -- that the Japanese approach to governance and business were superior to others -- that really made a splash.
The Beijing Consensus offers cautionary tale
Oped, Antara Haldar, Published on 19/09/2023
» For four decades, "Made in China" has been a defining feature of global capitalism. But a wave of disappointing economic news from China has given rise to increasingly gloomy forecasts, with some going so far as to argue that decline is imminent. There has been much speculation about this reversal's implications for the global economy, but what does it mean for development theory?
Why is America undercutting the Japanese?
Oped, Anne O. Krueger, Published on 26/07/2023
» Until 2017, America's trade policies were reasonably well aligned with its strategic objectives. The US was the world's largest economy, with unrivalled military power, and its alliances with European countries and others bolstered security and underwrote prosperity for all. It also provided global leadership through bodies like the World Trade Organization, ensuring a common rule-of-law framework to support economic growth and cross-border exchange around the world.
Deflation might be here, that's not good
Oped, Chartchai Parasuk, Published on 20/07/2023
» Read this article well. It will explain the risk of economic recession that Thailand is facing.