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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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Asia’s Central Banks Must Take Climate Change Seriously

Asia’s Central Banks Must Take Climate Change Seriously

By Ishka Yadav
Asian central banks must take climate risks seriously.
How Could COVID-19 Reshape Asia’s Digital Landscape?

How Could COVID-19 Reshape Asia’s Digital Landscape?

By Prashanth Parameswaran
A closer look at how the coronavirus could affect opportunities and challenges in the region’s digital domain.

The Logic Behind India’s New Investment Policy

The Logic Behind India’s New Investment Policy

By Ameya Pratap Singh and Urvi Tembey
Yes, the policy targets China – but there is no legal case against doing so.

Kabul New City: Afghanistan’s Forgotten Development Dream

Kabul New City: Afghanistan’s Forgotten Development Dream

By Hakmatullah Hamidi
The mega-project was put on hold under the previous government. If it isn’t kickstarted soon, Kabul city could be left uninhabitable.

Will the Pandemic Derail Bangladesh’s Economic Growth?

Will the Pandemic Derail Bangladesh’s Economic Growth?

By Anand Kumar
Yes, but how bad it gets depends on what Dhaka does and how the world progresses against the coronavirus.
COVID-19 Threatens Myanmar’s Economy

COVID-19 Threatens Myanmar’s Economy

By Shah Suraj Bharat
Myanmar looks to East Asian states to support an ailing economy amid the pandemic.

China Tries to Revive Economy But Consumer Engine Sputters

China Tries to Revive Economy But Consumer Engine Sputters

By Associated Press
Restarting the Chinese economy will require an increase in consumer spending and confidence.
IMF Warns of Pandemic-Induced ‘Great Lockdown’

IMF Warns of Pandemic-Induced ‘Great Lockdown’

By Ankit Panda
The crisis to come may be the worst since the Great Depression of the 1930s, but with its geopolitical consequences still uncertain.

1MDB Scandal: US Returns $300 Million in Stolen Funds to Malaysia

1MDB Scandal: US Returns $300 Million in Stolen Funds to Malaysia

By Associated Press
The money comes from assets forfeited last year by financier, Jho Low - a central figure in the 1MDB scandal - in a Los Angeles federal settlement.

Can Vietnam Manage COVID-19’s Big Economic Fallout?

Can Vietnam Manage COVID-19’s Big Economic Fallout?

By Thoi Nguyen
Fully dealing with the economic consequences of the global pandemic will likely require a comprehensive, calibrated, and balanced approach.

What the COVID-19 Outbreak Means for Afghanistan’s Troubled Economy

What the COVID-19 Outbreak Means for Afghanistan’s Troubled Economy

By Shoaib A. Rahim
The outbreak of the pandemic has and will further dent already depressed economic indicators. 
Billion-Dollar Divorce Drama Around South Korea’s SK Group Continues

Billion-Dollar Divorce Drama Around South Korea’s SK Group Continues

By Tae-jun Kang
The divorce case involving Chey Tae-won could reshape the governance of one of South Korea’s largest conglomerates.

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