Perspectives

Myanmar's President Thein Sein speaks during the opening ceremony of the 5th Greater Mekong Subregion Summit at a hotel in Bangkok last December. © Reuters

David I. Steinberg

Myanmar grapples with federalism

The concept of federal governance in Myanmar has been on the agenda since before the country, when it was known as Burma, gained independence from Britain in 1948. Most recently, President Thein Sein publicly indicated that Myanmar would embrace some...

  • Yoshino, Morgan and Wignaraja

    Why Asia needs more financial education

    In the aftermath of the global financial crisis of 2007-2008, financial literacy and financial education are gaining more attention around the world. There were sobering lessons, for example, in how the mis-selling of financial products contributed d...

  • Sammy Fang

    Playing the anti-corruption card

    While China's official gross domestic product growth last year slowed to 7.4%, the central government's crackdown on corruption, bribery, antitrust violations and tax evasion continued apace. The statistics are remarkable. Last year alone, 232,00...

  • Peter Tasker

    Japan's 'happy' Chinese new year shows the way ahead

    In Japan, the Year of the Sheep started on Jan. 1, the old lunar calendar having been scrapped back in the late 19th-century Meiji era when the samurai traded their swords and topknots for suits and ties. Recently, however, the Chinese New Year holid...

  • Keith B. Richburg

    Will Myanmar's messy reform process work? History says yes

    Is Myanmar on an unstoppable path to political reform, peace and democracy that will culminate later this year in a free election likely to bring the opposition to power? Or does Myanmar remain in the grip of an entrenched and obdurate military reg...

  • Karan Mehrishi

    India at last values state companies' profits

    Legend has it that when the industrialist J.R.D. Tata asked India's independence leader Jawaharlal Nehru about the financial performance of the country's state-owned companies, he was sternly instructed never to mention the word "profits" again. ...

  • Takehiko Nakao

    Eight key conditions for economic development

    Once, Asia was a region defined by poverty. One of the most important issues for the Asian Development Bank (ADB) when it was established in 1966 was agricultural assistance to safeguard people against hunger in a region with a large and increasing p...

  • Rupakjyoti Borah

    Obama's India visit: Turning the page

    The recent visit of U.S. President Barack Obama to India has opened a new chapter in bilateral ties between the two nations. This is the first time an American president has visited India twice during his presidency and also the first time a U.S. pre...

  • Jean-Marie Guehenno

    Tackle early the conditions that breed extremism

    The recent murders of Haruna Yukawa and Kenji Goto are tragic illustrations of the global reach of violent religious extremism. The violence carried out by the Islamic State is particularly horrific, and a bitter first-hand experience for Japan. ...

  • Ritesh Kumar Singh

    India should tread cautiously on changes to investment treaties

    The Indian government is contemplating scrapping or renegotiating dozens of bilateral investment treaties because of concerns about the growing number of overseas companies dragging India into arbitration hearings abroad. India is not alone in this; ...

  • Ana Swanson and Shrey Verma

    Chinese and Indian economies set to head in opposite directions

    The growth pole of Asia may be shifting. The International Monetary Fund is predicting that India's economy will overtake that of China in terms of its annual rate of growth in 2016. To those in the West, this may seem a simple story of one developin...

  • Itsuo Toshima

    Is China partaking in competitive currency devaluation?

    The Chinese yuan has weakened to around 6.25 against the dollar, its lowest point since June 2014. This is close to the limit of the yuan's trading band and may indicate that Beijing is joining the global devaluation competition. The People's Ban...

  • Elizabeth Pisani

    Be careful what you wish for, Indonesia

    One hundred days ago, on Oct. 20, Joko Widodo surfed into office as president of Indonesia on a tidal wave of expectations. Voters believed he would announce a cabinet of new faces -- technocrats rather than crusty, old-time politicians -- who would ...

  • Lina Baechtiger

    The dark undercurrent of freer trade flows

    The global proliferation of free trade zones has been one of the most important developments for international business in recent years. These zones offer companies significant advantages in shipping products, and in Asia, we have some of the world's...

  • Peter Fuhrman

    China still lacking in innovation

    China's economy suffers from an acute case of "not invented here" syndrome. Everything can be, and increasingly is, manufactured in China, but almost nothing of value is invented here. The result is an economy still centered on low-pay, low-margi...

  • George Magnus

    European Central Bank's last throw of the dice

    The European Central Bank has finally fallen into line with its peers in the U.S., U.K. and Japan by launching its own program of quantitative easing. ECB President Mario Draghi on Thursday announced that the Eurosystem of the EU member states' c...

  • Min Jiang

    2015 Chinese internet industry prospects

    With more than 650 million Internet users and more than a billion cellphone users, China is the world's largest Web and mobile market. This enormous market is dominated by a handful of Chinese Internet companies, such as Alibaba, Tencent and Baidu, t...

  • Gan Jie

    Easy money: Good or bad news?

    On Nov. 22, China cut interest rates for the first time in two years and rumors started circulating that a further cut could come soon, as well as a loosening of lending restrictions. After a year which saw growth drop to its slowest in 24 years, man...

  • Gi-Wook Shin

    What should we do about North Korea's human rights situation?

    Last spring two North Korean defectors visited Stanford University from Seoul to share their experiences in the North. Hosted by Stanford's Korean Students Association, the event was held to increase awareness of North Korean human rights issues in t...

  • Shofwan al Banna Choiruzzad

    Indonesia must do more to clean up palm oil's image

    Indonesian President Joko Widodo is waging a diplomatic battle to "tear down the barriers" that threaten global demand for one of the country's biggest exports -- palm oil. While his government and the industry agree that there are genuine environmen...