Asia – Pacific
By Dan Steinbock In the first quarter, the Philippine peso depreciated against the US dollar. Internationally, this was attributed to President Duterte’s policies. In reality, it has a lot to do with the expected US rate hikes. But there is a reason why misguided geopolitics now overshadows Philippines. In the recent quarter, the Philippine
By Victor Andres Manhit Although trade has played an important role in advancing economic growth, it has since lost its dynamism. Asian economies, however, have continued to liberalise its markets. Asia will now serve as the backbone of stability amidst the
By Dr. Sunnie Giles The lack of high ethical standards in Korea as noted in its current presidential corruption scandal destabilises its political system, produces suboptimal organisational performance, and results in high economic and human costs. Part of
By Dan Steinbock While the Obama White House prepared plans for regime change in the Philippines, President Trump is working on an assertive strategy in Asia. Meanwhile, President Duterte is accelerating the country’s economic growth – dramatically.
By Dan Steinbock Trump has pledged to reset the White House policies on “America First” basis. In Asia, it may mean an effort to balance with Russia against China and the reverse of US China approach in the 1970s. After inauguration, Donald Trump
By Dan Steinbock As President Duterte is rebalancing the Philippines’ economic and strategic policies, Washington is preparing plans for regime change. What the country needs is economic development, says Dan Steinbock – not Cold War.
From the Editors In January 2017 a new president will be sworn in who will continue with President Obama’s South East Asia pivot policy with the objective of confronting China. That a US and NATO war with China is inevitable is evidenced by the over 400 US
By Craig Mark Despite Prime Minister Shinzo Abe’s political success in Japanese politics, Japan’s economy remains to be stagnant. This article discusses the impact of Abe’s political comeback in restoring Japan’s economic growth and overcoming its
By Mikael Gravers In August 2015, the government of President U Thein Sein signed a nationwide ceasefire agreement with 8 ethnic armed organisations. However, serious problems remain and continue to be obstacles for genuine peace and democracy as well as for
By Richard Westra With 1970s galloping inflation threatening to bring down the US economy and with it the US dollar based global trading order, Milton Friedman proved correct in his policy advice that rapidly curtailing the money supply and restricting credit