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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.
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?
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
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
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?
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?
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
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
By Muhammad Zulfikar Rakhmat
The multilateral bank’s institutional features help entice regional players -- and advance Chinese interests in the region.
Indonesia’s Monetary Experiment
By James Guild
It's a difficult time for developing economies seeking to fund emergency measures. Indonesia has adopted a bold new strategy in response.
Tsai Takes a Political Risk to Pursue a Taiwan-US Trade Agreement
By Nick Aspinwall
Her Friday announcement that she would ease restrictions on U.S. pork and beef imports led to a backlash from opposition politicians and local farmers.
How COVID-19 Wreaked Havoc on South Korea’s Labor Market
By Vladimir Hlasny
Despite a resolute response by the government, COVID-19 has taken a serious bite out of the South Korean economy.
China, US Hold Delayed Trade Meeting to Discuss ‘Phase 1’ Deal
By Associated Press
Both the U.S. and China expressed satisfaction with the talks and the implementation of the deal thus far.