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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.

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The North Korean Economy Under Sanctions and COVID-19

The North Korean Economy Under Sanctions and COVID-19

By 38 North / Bradley O. Babson
Amid stalled diplomacy and a global pandemic, North Korea is signalling major adjustments in its economic policies and management practices.
In Indonesia, Will COVID-19 Trigger Another Asian Financial Crisis?

In Indonesia, Will COVID-19 Trigger Another Asian Financial Crisis?

By James Guild
History may not repeat, but it does rhyme. 

Will COVID-19 Bring Industrial Policy Back in Vogue?

Will COVID-19 Bring Industrial Policy Back in Vogue?

By Stephen Olson
The pandemic has forced an overdue discussion on what we have inaccurately considered to be “free” markets and “free” trade.

Japan’s Economy Officially Enters Recession for First Time Since 2015

Japan’s Economy Officially Enters Recession for First Time Since 2015

By Ankit Panda
The effects of COVID-19 are likely to result in further economic pain for Japan.

Taiwan Chipmaker Announces US Factory as Apple Pledges to Expand Taiwan Investment

Taiwan Chipmaker Announces US Factory as Apple Pledges to Expand Taiwan Investment

By Nick Aspinwall
Semiconductor giant TSMC will invest $12 billion in a new Arizona chip plant, it announced Friday, while Apple will expand its Taiwan footprint.
The US, China, and the Perils of Post-COVID Decoupling

The US, China, and the Perils of Post-COVID Decoupling

By Yan Liang
Resorting to economic nationalism is the wrong lesson to take from the pandemic.

Amid COVID-19, Asia’s White Rice Is the New Black Gold

Amid COVID-19, Asia’s White Rice Is the New Black Gold

By Bob Savic
Surging demand and slashed exports are leading to inflated prices for rice across the region.
Remittances to South and Central Asia Poised to Dive Dramatically

Remittances to South and Central Asia Poised to Dive Dramatically

By Catherine Putz
South and Central Asia will see some of the largest declines in remittances in the wake of the COVID-19 pandemic.

India’s China FDI Gamble

India’s China FDI Gamble

By Steven Raj Padakandla and Niranjan Sahoo
Protectionism will not make India a global power.

The Realpolitik of the Reliance Jio-Facebook Deal

The Realpolitik of the Reliance Jio-Facebook Deal

By Arindrajit Basu & Amber Sinha
No one can be sure about where this deal and its associated realpolitik will take us.

After COVID–19: Manufacturing India’s New Economic Potential

After COVID–19: Manufacturing India’s New Economic Potential

By Akshobh Giridharadas and Vaman Desai
The disruption from COVID-19 may offer India the opportunity to reinvent itself as a manufacturing powerhouse.
The Myth of Chinese Capitalism

The Myth of Chinese Capitalism

By Mercy A. Kuo
Insights from Dexter Roberts.

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