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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.

Turkey’s Turn to the Asia-Pacific
September 23, 2020

Turkey’s Turn to the Asia-Pacific

By Temmuz Yigit Bezmez and Selma Bardakci
Turkey's economic outreach to the Asia-Pacific is a crucial part of its foreign policy diversification.

China’s New Carbon Neutrality Commitment Will Affect Global Energy Security
September 23, 2020

China’s New Carbon Neutrality Commitment Will Affect Global Energy Security

By Niharika Tagotra
President Xi’s announcement yesterday at the U.N. General Assembly will have economic as well as geopolitical ramifications.
Will Trade Lead the Way in Southeast Asia’s COVID-19 Recovery?
September 22, 2020

Will Trade Lead the Way in Southeast Asia’s COVID-19 Recovery?

By James Guild
Many Southeast Asian currencies have recently gained in value against the U.S. dollar, with complex implications for the region's exports.

The Real Strategic End Game in Decoupling From China
September 18, 2020

The Real Strategic End Game in Decoupling From China

By Valbona Zeneli and Joseph Vann
Going all-in on the transatlantic economy is the only serious option for Western democracies seeking to counter China.

Economic Security: Vietnam’s Cardinal Policy Goal
September 18, 2020

Economic Security: Vietnam’s Cardinal Policy Goal

By Phuong Pham
As the COVID-19 pandemic recedes, Vietnam needs to take concerted action to shore up the foundations of its economy.

Should We Be Worried About Indonesia’s Stock Market?
September 16, 2020

Should We Be Worried About Indonesia’s Stock Market?

By James Guild
Its recent poor performance is a less pressing concern than Indonesia's capacity to regulate complex financial markets effectively.

South Korea’s Struggle to Bring Manufacturing Home
September 14, 2020

South Korea’s Struggle to Bring Manufacturing Home

By Troy Stangarone
Like other countries around the world, Seoul is trying to reshore production – with limited success.
The Resilient Supply Chain Initiative: Reshaping Economics Through Geopolitics
September 10, 2020

The Resilient Supply Chain Initiative: Reshaping Economics Through Geopolitics

By Amitendu Palit
A recent proposal by Australia, India, and Japan could potentially refashion supply chains in the Indo-Pacific.

Is a Green New Deal on the Way in Southeast Asia?
September 09, 2020

Is a Green New Deal on the Way in Southeast Asia?

By James Guild
COVID-19 offers the region an opportunity to kick start a transition toward sustainable energy – but a host of challenges remain.

Will South Korea’s Yoo Myung-hee Be the Next WTO Leader?
September 08, 2020

Will South Korea’s Yoo Myung-hee Be the Next WTO Leader?

By Duncan Bartlet
Complex power games surround the choice of the next director general. Will Yoo’s South Korean nationality be a help or a hindrance in her bid?

Pakistan and the Belt and Road: New Horizons for a Globalized RMB
September 04, 2020

Pakistan and the Belt and Road: New Horizons for a Globalized RMB

By Muhammad Tayyab Safdar and Joshua Zabin
CPEC will be an important testing ground for the internationalization of China’s currency.
How the AIIB Grows China’s Interests in the Middle East
September 04, 2020

How the AIIB Grows China’s Interests in the Middle East

By Muhammad Zulfikar Rakhmat
The multilateral bank’s institutional features help entice regional players -- and advance Chinese interests in the region.

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