Blog
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.
Are Japan and South Korea Serious About Ending Coal Financing in Southeast Asia?
By James Guild
A pledge to curtail financing for coal projects has come amid a rash of new coal-fired power plant investments.
Indonesia Has Plans to Expand Its Money Market. Is That a Good Idea?
By James Guild
Money markets could bring great benefits to the country's economy, alongside an injection of systemic risk.
Sri Lanka’s Foreign Debt Crisis Could Get Critical in 2021
By Umesh Moramudali
Sri Lanka’s debt problem has deep roots. How bad things can get in 2021?
The Philippines’ COVID-19 Economic Rescue Plan: Bayanihan 1 and 2
By James Guild
In addition to supporting healthcare and low-income households, Manila has focused on propping up its agricultural sector, which employs nearly a quarter of Filipinos.
Rising Shipping Costs in China Add Weight to Decoupling Calls
By Bonnie Girard
The latest knock-on effect of the pandemic -- ballooning shipping costs for Chinese exports -- have laid bare the risks of current supply chain patterns.
Will the EU-China Investment Agreement Survive Parliament’s Scrutiny?
By Zsuzsa Anna Ferenczy
A look at the remaining process for the CAI and the crucial role of the European Parliament, which could still vote the deal down.
Will Financial Scandals Undermine Indonesia’s Model of Economic Development?
By James Guild
Corruption within state-run enterprises threatens to tarnish the country's mixed development model.
UN: Pandemic, Surging Food Prices Leave Many in Asia Hungry
By Associated Press
Across Asia, high prices for fruits, vegetables, and dairy products have made it "nearly impossible" for low income families to have healthy diets.
North Korea’s New Economic Plan Looks a Lot Like the Old One
By Jonathan Corrado
The five-year economic plan laid out at the Party Congress is no course correction for the country.
Low Rates Are Pushing US Capital Into Southeast Asia. What Happens When Rates Go Up?
By James Guild
For emerging markets, foreign capital inflows can spur growth – but they are also a potential source of volatility.
China Won’t Rush to Join CPTPP. Neither Should the US.
By Alex Yu-Ting Lin and Saori N. Katada
Patience – and careful attention to laying the domestic groundwork – would benefit both countries more than a race to join the trade pact.
What’s Driving Vietnam’s Renewable Energy Boom?
By James Guild
As elsewhere, Vietnam's increasing reliance on energy imports has driven its green energy push.