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Search Result for “borrow”

Showing 1 - 10 of 208

OPINION

Strongman playbook

Postbag, Published on 18/01/2026

» Re: "Senate votes to curb Potus' war powers", (World, Jan 10). 

OPINION

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.

OPINION

G20 must commit to debt relief

Oped, Olusegun Obasanjo, Published on 04/12/2025

» As G20 leaders met in Johannesburg last month, they faced a grim reality: many developing-country governments are spending more than they can afford on debt service. To keep funds flowing to foreign creditors, policymakers have been forced to cut spending on education, health care, and infrastructure. These countries have so far avoided default, but at the expense of their own development.

OPINION

VAT hikes alone won't narrow deficit

Oped, Chartchai Parasuk, Published on 27/11/2025

» This article is not meant to attack Finance Minister Ekniti Nitithanprapas’s Medium-Term Fiscal Framework (MTFF) for the fiscal years from 2026 to 2030. It is meant to emphasise the fragility of a Thai fiscal position that requires multiple revenue enhancement measures.

OPINION

Drinking confusion

Postbag, Published on 15/11/2025

» Re: "Ban on afternoon sales under review", (BP, Nov 13).

OPINION

Is there a case for IMF gold sales?

News, Tim Hirschel-Burns & Marina Zucker-Marques, Published on 14/10/2025

» With developing countries facing intense financial pressure and developed countries slashing foreign aid, it can be tempting to dream of stumbling across a pot of gold. Dream no longer: The International Monetary Fund is currently sitting on 90.5 million ounces of the metal.

OPINION

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.

OPINION

Renminbi debt in a dollar-denominated world

Oped, Paola Subacchi, Published on 25/09/2025

» When governments borrow on international markets, they do so overwhelmingly in US dollars. Roughly two-thirds of international debt issuance is denominated in foreign currencies, of which nearly half is in dollars and about 40% is in euros. The rest is spread across other currencies, including the Chinese renminbi.

OPINION

No time to wait for Thai fiscal reform

Oped, Wichit Chantanusornsiri, Published on 17/09/2025

» The daunting mission of the four-month-old government led by Prime Minister Anutin Charnvirakul is to revive an economy that has been sluggish for a long time. Can the Anutin government deliver? After all, tackling "bread-and-butter" issues requires fiscal sustainability.

OPINION

The incalculable costs of corrupt statistics

Oped, Diane Coyle, Published on 29/08/2025

» With GDP and employment figures dominating political debates, it is easy to forget that they are hardly timeless truths. In fact, how we measure progress has shifted dramatically over time. The Physiocrats -- eighteenth-century French economists who saw agriculture as the source of all wealth -- regarded farms' output as the most important economic indicator. The Soviet Union, for its part, focused exclusively on goods production and ignored services altogether.