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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.

Can ‘Good’ Economics Coexist with ‘Bad’ Politics?
September 23, 2021

Can ‘Good’ Economics Coexist with ‘Bad’ Politics?

By Simon Commander
Across the former Soviet Union, improved rankings for selective governance indicators tend to give a misleading view of governments' ability to reform themselves.

Carbon Capture is the Key to Indonesia’s Net-Zero Emissions Future
September 21, 2021

Carbon Capture is the Key to Indonesia’s Net-Zero Emissions Future

By Haryanto and Filda C. Yusgiantoro
While obstacles remain, the technology could help transform Indonesia into a regional leader in renewable energy.
Why Vietnam Is Pushing Ahead With the Phu Quoc Tourism Sandbox
September 21, 2021

Why Vietnam Is Pushing Ahead With the Phu Quoc Tourism Sandbox

By James Guild
Some Asian nations' headlong push to restart tourism is a function of deeper structural imbalances in the global political economy.

Revisiting RCEP’s Trade Implications
September 20, 2021

Revisiting RCEP’s Trade Implications

By Jean-Marc F. Blanchard and Wei Liang
What are the implications of RCEP for trade? The second of a four-part series looks at the agreement’s impact on trade.

RCEP Edges Closer to Ratification in an Indonesia Battered by COVID-19
September 20, 2021

RCEP Edges Closer to Ratification in an Indonesia Battered by COVID-19

By Kyle Springer
Despite some obstacles, the country is slated to become the third Southeast Asian nation to ratify the mega trade pact.

Evergrande Is a Symptom, Not Cause, of China’s Debt Woes
September 20, 2021

Evergrande Is a Symptom, Not Cause, of China’s Debt Woes

By Sara Hsu
Due to structural flaws in China's financial system, there will likely be other Evergrandes in the future.

China’s ‘Common Prosperity’ Campaign is Going to Be Tough Going
September 18, 2021

China’s ‘Common Prosperity’ Campaign is Going to Be Tough Going

By Andrew Collier
Fixing inequality would require fundamental change in China’s tax structure and state system – reforms highly unlikely under the current political system.
Indonesia Is Failing to Provide a Green Track for Industry
September 17, 2021

Indonesia Is Failing to Provide a Green Track for Industry

By Diwangkara Bagus Nugraha
Industry is racing to get green, but Indonesia has paved the road with unsupportive regulation.

Thailand’s 2022 Budget Takes Shape
September 14, 2021

Thailand’s 2022 Budget Takes Shape

By James Guild
The government has been criticized for directing money to royal agencies and questionable submarine purchases during a time of economic uncertainty.

Lithium and an Unexpected Battle for Energy Transition in Afghanistan
September 10, 2021

Lithium and an Unexpected Battle for Energy Transition in Afghanistan

By Aliaksei Patonia
Most researchers agree that lithium demand will only increase. Afghanistan’s estimated reserves put it among global leaders -- if the metal can be extracted.

Mapping China’s Place in the Global Semiconductor Industry
September 07, 2021

Mapping China’s Place in the Global Semiconductor Industry

By John Lee and Jan-Peter Kleinhans
China’s national interests and supply chain security for the most “core” of technologies.
Did Indonesia Dodge a Bullet With Its Renewable Energy Feed-in-Tariffs?
September 07, 2021

Did Indonesia Dodge a Bullet With Its Renewable Energy Feed-in-Tariffs?

By James Guild
The state utility PLN might have unwittingly side-stepped a common pitfall of tariff feed-in schemes.

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