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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.
Vietnam Notches Record GDP Contraction as COVID-19 Outbreak Bites
By Sebastian Strangio
The July-September quarter was the country's worst quarter of economic growth since 2000.
What’s Next for Afghanistan’s Tumultuous Public Finances?
By Ibrahim Khan
With the economy on the brink of collapse, how can the Taliban approach the coming fiscal year?
Reappraising the Economic Legacy of Susilo Bambang Yudhoyono
By James Guild
Many of the Indonesian leader's economic decisions seem better with the benefit of hindsight.
The SEC’s New Auditing Policies Spell Trouble for Chinese Firms
By Blair Wang
The new rule will probably accelerate delisting from U.S. exchanges and constitute a substantial obstacle to IPOs of Chinese offshore companies.
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
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
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
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
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
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
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
By Diwangkara Bagus Nugraha
Industry is racing to get green, but Indonesia has paved the road with unsupportive regulation.