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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.
China Evergrande, Facing $300 Billion in Debt, Has Been Ordered to Liquidate
By Kanis Leung and Zen Soo
China Evergrande Group is among dozens of Chinese developers that have collapsed since 2020 under official pressure to rein in surging debt.
Bhutan’s Long Journey Into the World Trade Organization
By Ladislav Charouz
25 years after Bhutan first applied to join the WTO, recent developments seem to be giving Thimphu a final push.
Why PhilHealth Doesn’t Need to Raise Premiums in 2024
By James Guild
With inflation continuing to rise, a scheduled premium increase seems likely to be suspended.
Will China Move Toward a ‘War-Driven’ Economy?
By Kung Chan and He Jun
A full pivot to war preparations is unlikely, but China will continue to shift toward a fully centralized economy.
How the UAE is Making a Splash in Indonesia’s Clean Energy Sector
By James Guild
Masdar’s willingness to work within the constraints of the country's political economy offers important lessons for the U.S.-backed Just Energy Transition Partnership.
How to Break the Deadlock in the Indonesia-EU Trade Talks
By Fajar Hidayat
The two sides could incorporate a "built-in agenda," putting off thorny issues until after FTA comes into force.
The Importance of Interoperability for ASEAN’s Digital Framework Agreement
By Albert J. Rapha
Creating seamless regional integration is crucial to the success of the bloc's pathbreaking digital economy agreement.
Escape From Involution: The Overseas Expansion of Chinese Technology Companies
By Shaoshan Liu
The strategic shift of Chinese tech companies toward overseas markets underscores a critical juncture in China’s technological trajectory.
Economy Hangs in the Balance as Bangladesh’s Hasina Hangs on to Power
By M Niaz Asadullah
Some had hoped Bangladesh would be Asia's next tiger economy. Instead, it may be heading for a deep economic crisis, reversing years of gains.
3 Economic Stories in ASEAN to Watch in 2024
By James Guild
Last 2023, the coming year is likely to be a busy one for Southeast Asia on the economic front.
Why Early Retirement of Coal Power is Faltering in Southeast Asia
By James Guild
If the goal is to reduce emissions by shutting coal plants down early without breaking contracts, then someone needs to pay.
How Taiwan-ASEAN Semiconductor Cooperation Can Bolster Taipei’s National Security
By Chin Hsueh
Three decades after the first iteration of the “Go South” policy, changing geoeconomic realities are making the idea more attractive than ever.
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