Showing 1 - 10 of 50
Sri Lanka syndrome: Is Bangladesh out of danger?
Asia focus, Published on 08/08/2022
» With global inflation rising and the fear of fuel and food crises looming large, clouds are gathering on the economic horizon of South Asian countries. Sri Lanka in particular remains mired in a crisis driven by a mix of high indebtedness, soaring inflation and poor economic management.
Myanmar's twin crises loom
Asia focus, Nareerat Wiriyapong, Published on 01/08/2022
» While the rest of the world continues to be preoccupied by Covid-19 and fallout from Russia-Ukraine war, the downward spiral of Myanmar continues. A once-promising frontier market risks slipping into a Sri Lanka-like economic crisis, exacerbating the humanitarian crisis created by the cruelty of its military junta.
Frontier markets fret
Asia focus, Published on 20/06/2022
» 2022 has been another challenging year for Asian frontier markets against the backdrop of a recovery from the protracted coronavirus pandemic. The challenges have been magnified by the impact of the Ukraine-Russia conflict, and high commodity prices that are exacerbating inflationary pressures, even as global demand for manufactured goods remains weak.
Sri Lanka needs a currency board
Asia focus, Published on 13/06/2022
» The war in Ukraine has generated an economic tidal wave that is crashing over countries near and far. Among the more far-flung is Sri Lanka, half a world away from the battlefield, where surging food and fuel prices have supercharged a downward spiral that was already under way.
Will China hit its growth target?
Asia focus, Published on 09/05/2022
» In early March, Premier Li Keqiang announced that China was targeting GDP growth of "about 5.5%" this year. That would be ambitious even without Russia's war against Ukraine and the attendant increases in global energy and food prices.
How to free the money the world needs
Asia focus, Published on 14/03/2022
» The main factor limiting the global recovery is not the much-discussed increase in inflation in advanced economies, but rather the massive inequalities between most rich countries and the rest of the world, with the exception of China.
Wasted Year
Asia focus, Nareerat Wiriyapong, Published on 21/02/2022
» Once perceived as Asia's final frontier, Myanmar has been tested severely by dual shocks -- a surge in Covid-19 cases in 2021 and the military coup that has brought its economy close to a standstill and left its people suffering from ongoing violence.
Myanmar soldiers collecting bills at gunpoint
Asia focus, Published on 31/01/2022
» The schoolteacher had just got out of bed when four Myanmar army soldiers pounded on her door. Her electricity payment was overdue, they said, and ordered her to pay it immediately at the government power company office.
The power and poison of modern monetary theory
Asia focus, Published on 24/01/2022
» When Democratic Senator Joe Manchin announced that he would not support the Build Back Better Act -- effectively dooming US President Joe Biden's signature legislative initiative -- he cited America's "staggering debt".
America eyes Asean
Asia focus, Nareerat Wiriyapong, Published on 06/12/2021
» With a population of over 650 million and a rapidly expanding middle class, Southeast Asia presents significant growth potential for companies operating in the region. The Regional Comprehensive Economic Partnership (RCEP), signed by the 10 Asean countries and five key trading partners including China, will further enhance Asean's potential and attract more investors when the pact takes effect in January.