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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.

As China Ditches High Growth, the World Must Adjust
May 04, 2021

As China Ditches High Growth, the World Must Adjust

By Michael Hirson, Tsveta Petrova, and Rickard Nyman
Observers of China’s economy need to become more sophisticated in their understanding Beijing’s evolving and competing policy priorities as growth targets fall out of favor.

Vietnam Looks To Go Big on Transport Infrastructure
May 04, 2021

Vietnam Looks To Go Big on Transport Infrastructure

By James Guild
Investment in infrastructure is vital if Vietnam is to remain on the path to eventual high-income status.
Facing $11B Tax Bill, Samsung Heirs Donate Massive Art Trove
April 29, 2021

Facing $11B Tax Bill, Samsung Heirs Donate Massive Art Trove

By Kim Tong-hyung
The family plans to donate 23,000 art pieces from Lee's personal collection to two state-run museums.

Southeast Asia and the ‘Just Transition’ to Clean Energy
April 27, 2021

Southeast Asia and the ‘Just Transition’ to Clean Energy

By James Guild
Despite talk of a green transition, some Southeast Asian governments still have strong economic incentives to cling to fossil fuels.

What’s Driving the Flurry of Financial Activity in Southeast Asia’s Tech Sector?
April 21, 2021

What’s Driving the Flurry of Financial Activity in Southeast Asia’s Tech Sector?

By James Guild
With a wave of mergers and IPOs in the works, Southeast Asia's tech giants stand to get even bigger.

Singapore Eyes SG$90 Billion in Infrastructure Bonds
April 14, 2021

Singapore Eyes SG$90 Billion in Infrastructure Bonds

By James Guild
For the first time in 40 years, the state is seeking to borrow money to fund long-term infrastructure improvements.

China’s Exports Rise as Global Demand Revives
April 14, 2021

China’s Exports Rise as Global Demand Revives

By Joe McDonald
Chinese exports to the United States jumped 53.6 percent in March to $38.7 billion despite tariff hikes still in place on Chinese goods.
Sacred Sustainability: Singapore, Greening, and Biophilic Design
April 12, 2021

Sacred Sustainability: Singapore, Greening, and Biophilic Design

By Abhinav Seetharaman
Singapore's sustainable development strategies have played an important but unheralded role in the country's economic success.

How Independent Should Bank Indonesia (or any Central Bank) Be?
April 06, 2021

How Independent Should Bank Indonesia (or any Central Bank) Be?

By James Guild
It is worth questioning the dictum that central banks should occupy their own autonomous policy space.

How Will China’s Sovereign Digital Currency Affect Fintech?
April 05, 2021

How Will China’s Sovereign Digital Currency Affect Fintech?

By Sara Hsu
China’s sovereign digital currency is likely to have a mainly positive impact on the fintech sector.

The COVID-19 Endgame: Does Southeast Asia Need More Than Resilience?
March 31, 2021

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?
March 30, 2021

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?

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