Blog
Pacific Money
The 21st century is commonly referred to as the 'Pacific Century.' For such a prediction to materialize, the economies of the Asia-Pacific must lead the globe. What challenges will the region face? What nations stand to benefit most? The Diplomat's economics and business blog, Pacific Money, will try to tackle these questions and more.
The COVID-19 Endgame: Does Southeast Asia Need More Than Resilience?
By Manoj Harjani and Tan Ming Hui
Ideally, the pandemic should prompt a long-term mindset shift toward anticipating – and growing from – future crises.
Is Another Taper Tantrum on the Way in Southeast Asia?
By James Guild
Rising U.S. bond yields have prompted fears of capital flight from Southeast Asian economies. How serious is the threat?
Asia-Pacific Nations Face Uneven Economic Recovery From COVID-19
By Sebastian Strangio
The World Bank's projections suggest that the region will bear the scars of COVID-19 for many years to come.
The COVID-19 Overseas Remittance Crisis That Wasn’t
By James Guild
Overseas remittances generally proved to be more resilient than other types of capital flows into Southeast Asia.
COVID-19 Made China’s Debt Problem Worse
By Sara Hsu
With debt soaring amid the pandemic, the government’s deleveraging struggle slogs on.
Australia’s Big Plans for Clean Energy Exports
By James Guild
A plan to export solar power to Southeast Asia via underwater cable have attracted media attention, but have a lot of obstacles to overcome.
Taiwan Prays for Rain as Drought Threatens Chip Production
By Nick Aspinwall
The country is facing its most severe water shortage in 56 years, but officials say water supplies will likely be sufficient until monsoon rains in late May.
Middle East LNG Hedging in China’s Energy Diplomacy
By Tristan Kenderdine
Increased demand for energy will give China greater and greater dependency on – and sway over – the world's LNG producers.
More Fintech Regulation on the Horizon in China
By Sara Hsu
The Chinese government continues to add oversight and structure to the rapidly growing sector.
Will Mandalika Be the Next Bali?
By James Guild
The state was heavily involved in getting Indonesian tourism going in the 1970s, but today's industry may call for a more hands-off approach.
Why Khazanah Nasional Just Bailed Out Malaysia Airlines
By James Guild
Sometimes the state has an interest in controlling firms in critical sectors like transportation, even if they are hemorrhaging money.
Why is Timor-Leste Still Unable to Diversify its Economy?
By Joao da Cruz Cardoso
Many changes are necessary if the country is to break the shackles of oil dependency and build a more diverse and sustainable economy.