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The ruling coalition in Indonesia should continue to cut fuel subsidies—but only if it uses the savings to increase social and infrastructure spending and undertakes serious anti-corruption reforms.
China will need more than rhetoric to overcome the policy silos, entrenched interests, and adjustment costs that stand in the way of continued reform.
With advantages in labor, productivity, and geography, China has the potential to displace many Southeast Asian nations from their niche in the global production chain.
The Fifth Session of the Eleventh National People’s Congress (NPC) has added significance given the impending anointment of China's next generation of senior leaders at this fall's National Congress of the Communist Party.
China needs to enact tighter monetary policies in order to raise household consumption and rebalance toward a more sustainable growth model.
Rare earth metals are vital ingredients in a wide range of high tech product lines important to global trade and China's perceived monopoly on these metals is a big concern for the West.
China is becoming an increasingly significant economic partner for Latin America. But its rise is part of a broader, long-term shift towards a world in which emerging markets have greater economic weight.
To set China on a path to sustainable development, its leaders will have to overcome vested interests in order to reform the country's fiscal system and tight controls over land and labor.
The causes of China’s unbalanced growth are often misunderstood in the West. As national and global conditions change, however, the policies that served China well in the past may need to be reconsidered.
By 2030, China has the potential to be a modern, harmonious, and creative high-income society. But achieving this objective will not be easy.