Economeister

BOJ Gov. Haruhiko Kuroda holds a placard showing policy decisions at a news conference Oct. 31. © Reuters

Frederic Neumann: Don't sweat the Fed, here comes the BOJ

Asian investors have been a jittery bunch of late. The region's economies, after all, have been fueled by an unprecedented credit boom over recent years. Record low interest rates in the West prompted capital to pour into emerging Asia, driving inves...

  • George Magnus: China's global financial diplomacy moves into higher but uncertain gear

    November will be a busy time for summitry in Asia. The second week of the month will see the APEC summit in China, the East Asia summit in Myanmar, and the G-20 summit in Brisbane, Australia. While these meetings will span a broad array of economic a...

  • Benn Steil: How the Fed roils emerging markets

    In April 2013, Ukraine was carrying a massive current-account deficit of 8%, and was desperate for dollars to pay for vital imports. Yet on April 10, then-President Viktor Yanukovych's government rejected terms set by the International Monetary Fund ...

  • Ranjit Goswami: Capital shortage will hobble India's manufacturing drive

    India's Mangalyaan Mars probe, which recently entered orbit around the red planet, has focused world attention on a "Make in India" campaign launched by Prime Minister Narendra Modi in August. The new push sets the goal of expanding the country's man...

  • Peter Tasker: High Noon for Haruhiko Kuroda

    "If this guy prints more money between now and the election, I dunno what y'all would do to him in Iowa, but we would treat him pretty ugly down in Texas." Such were the words of Texas Gov. and Republican presidential hopeful Rick Perry, speaking...

  • Frederic Neumann: Asia should keep cutting subsidies

    That reforms are urgently needed in Asia to keep growth humming along is not exactly a secret. And it is easy to dismiss efforts so far as feeble, at best. Leaders throughout the region have made many ambitious promises on this front, but implementat...

  • Stephen Grenville: Infrastructure spending fuels 'free lunch' debate

    The International Monetary Fund has joined a growing call from economists and international organizations for governments to step up infrastructure spending. The general case is compelling and looks set to be a point of unanimous agreement at the Nov...

  • Japan's current economic situation: An assessment

    The performance of the Japanese economy is not meeting the expectations held before the consumption tax rate was raised in April. The negative impact of the tax hike, including the temporary surge in demand before the hike and the corresponding drop ...

  • Rita McGrath: Dealing with transience in Japanese business

    One of the most popular, and I would argue, most dangerous, ideas in strategy is that the ultimate objective for a firm is to establish a competitive advantage that is sustainable over a long period of time. Not that it's a bad idea under the rig...

  • Yasuyuki Todo: Exclusive ties keep Asia's growth stuck in middle-income trap

    Low-income countries tend to demonstrate higher growth rates than rich ones. Because low-income countries have room to learn advanced technology and knowledge from developed nations, it is easier for them to produce imitation goods. Moreover, capital...

  • Hiroyuki Kawashima: China's rural failures and the middle-income trap

    Economic development in Asian countries since around 1980 has been remarkable. China's performance has been particularly noteworthy. Beijing began on the path to economic reform in 1978, but back then, due in part to the effects of the Cultural Revol...

  • Masakazu Toyoda: Japan needs to weigh out the right energy mix after Fukushima

    Nuclear energy has been heatedly debated recently, losing favor in the public eye after the Fukushima meltdown. But Asia's growing demands for power require that the nuclear option be considered as part of a clean, affordable energy mix that supports...

  • Ritesh Kumar Singh: India needs to refocus its trade policy

    Narendra Modi took office as India's prime minister in May with clear tasks: revive investment and restore the country's annual economic growth rate to 7% to 8%. Since trade accounts for a large proportion of India's gross domestic product, trade...

  • Curtis Chin: Time for a US 'business pivot' to Asia

    Opinion surveys, including one from the nonpartisan Pew Research Center, show that record numbers of Americans say the U.S. should mind its own business and let other countries get along as best they can. It would be understandable -- but a mistake -...

  • New ADB chief economist says middle-income trap a myth

    MANILA -- The so-called middle-income trap, in which certain countries appear stuck at a middle level of development, is a sham, the new chief economist of the Asian Development Bank says. Although it has no formal definition, the "trap" is c...

  • Secular Stagnation: Its relevance to Japan

    Since professor Lawrence Summers' speech on the subject last November, the notion of "secular stagnation" has became a key concept in understanding the difficulties facing advanced industrial countries.Jun Saito is a senior research fellow at the Jap...

  • Stephen Grenville: How to reboot world trade talks

    Expanding trade has been the lynchpin of globalization. Total world trade rose from 42% of global gross domestic product in 1980 to 62% in 2007, according to the International Monetary Fund. Trade slowed during the 2008 crisis and since then has bare...

  • Khurana, DasGupta: India's investment plans face implementation risk

    In May, India made history in its national elections, sweeping into power the conservative Bharatiya Janata Party with an enormous majority and voting unequivocally for change and economic growth. After years of indecision that had left the econo...

  • Sara Hsu: Chinese peer-to-peer lending needs reining in

    In China, the official banking system's failure to address the needs of private enterprises has given rise to an informal financial system of lenders and institutions of questionable legality. This so-called shadow banking industry includes online pe...

  • John Edwards: Coming monetary tightening will expose G-20's vulnerabilities

    Whether or not it is a formal part of the agenda for the Group of 20 finance ministers and central bankers in Cairns, Australia, in September (or Washington, D.C., in October), there is little doubt that the biggest global economic problem today is t...