Showing 1 - 10 of 22
Institutional redesign in order for economic change
News, Diane Coyle, Published on 30/12/2025
» The Nobel Prize in economics was awarded both this year and last year to scholars who, in different ways, emphasised the importance of institutions to economic growth.
Time for Indo-Pacific unity is now
Oped, Akihisa Nagashima, Published on 26/12/2025
» We are living in an age of global disruption. Supply chains are being reconfigured to avoid dependence on any one producer or country. Trade ties are being upended by high and unpredictable tariffs (and the threat of more). Longstanding alliances are being strained by doubts about partners' reliability.
AI as Asia's new growth engine?
Oped, Lee Jong-wha, Published on 27/11/2025
» Two decades after globalisation fuelled a global economic boom, growth has shifted onto a more subdued path, where it is likely to remain for the foreseeable future. Beyond the immediate shock of fragmenting trade and investment ties -- a result of rising geopolitical tensions, particularly between the United States and China -- lie structural headwinds, including population ageing, stagnant productivity, and the growing costs of inequality and natural disaster. These challenges strike at the heart of Asia's growth model.
What's to blame for inequality?
Oped, Keun Lee, Published on 01/09/2025
» Over a decade ago, Nobel laureates Daron Acemoglu and James A Robinson, together with their co-author Thierry Verdier, contrasted America's "cutthroat" brand of capitalism with Western Europe's "cuddly" version. The qualities that make cutthroat capitalism more conducive to innovation, they argued, also lead to higher levels of inequality, while cuddly reward structures tend to lead to lower growth and higher welfare. Today, inequality is soaring, notably in the United States. Do policies aimed at boosting innovation risk making a bad situation worse?
EU needs to focus on innovation
News, Philippe Aghion & Mathias Dewatripont & Jean Tirole, Published on 14/10/2024
» In the three decades after World War II, Western Europe caught up with the United States in terms of per capita GDP. But since the mid-1990s, this trend has reversed, with the US growing twice as fast as Europe.
French space war games point to orbital arms race
News, Peter Apps, Published on 25/03/2024
» As a UN-led military force moved in to protect the independent nation of Mercury from rival Arnland in French war games this month, the most critical battle was playing out not on land, at sea or in the air, but in orbit.
Haiti's ticking humanitarian timebomb
Oped, John J Metzler, Published on 21/03/2024
» As waves of gang violence engulf an already poor and destitute land through a reckless orgy of shootings and looting, the Caribbean Island of Haiti equally faces a widening domestic humanitarian crisis along with a ticking migrant exodus.
The growing risk of global disorder
Oped, Mohamed A El-Erian, Published on 26/12/2023
» The Western-led global economic order had a bad 2023. Surprisingly, the primary cause was not the emergence of an alternative order led by China, as some had anticipated. Instead, it was internal stress that led to more doubts around the world about its effectiveness and legitimacy.
Riots' deja vu raises the stakes
News, Lionel Laurent, Published on 04/07/2023
» A teenager killed by police in a Paris suburb. A wave of anger that morphs into widespread rioting and opportunistic looting. A tough law-and-order response followed by an appeal for unity and calm -- and a political call for action that fades over time.
How are Thais spending so much now?
Oped, Chartchai Parasuk, Published on 01/12/2022
» Third-quarter GDP growth for 2022 (Q3/2022) is 4.5% -- substantially higher than the expected 4%. The main driving factor is robust private consumption -- not tourism income -- which expanded 9% in real terms and 15.7% in nominal terms, compared to the same quarter last year. On the surface, this high growth phenomenon may look normal as most Asean countries have enjoyed similar benefits of low Covid infections and pent-up demand. For instance, Malaysia's private consumption also expanded 15.7% in the same third quarter.