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RMB internationalization will have long-term benefits, but for now China should focus on the intrinsic value of financial reforms rather than their role as prerequisites to internationalization
If China hopes to maintain growth of 7.5 percent, it must improve the efficiency of its urbanization process and allow the private sector to play a more prominent role
The implications of China’s slowing economy depend on how successful and orderly the rebalancing process will be in the face of domestic opposition from elites who have benefited from three decades of unbalanced growth.
The forthcoming Obama visit offers a valuable opportunity to make further strides in Malaysia-U.S. bilateral relations, as well as to strengthen American engagement in Southeast Asia.
There is now an opportunity to deepen democracy in Malaysia by moving on from the 13th General Election and focusing on reforming the electoral process.
Experts are sounding warning signals about China’s slowing growth, but if China recalibrates its economy in the right way, everyone will benefit.
While most analysts believe that slower growth in gross domestic product will unleash social unrest in China, the growth rate that matters is household income.
Cambodia’s upcoming parliamentary elections will likely be rigged, but Washington should not respond by stopping U.S. aid. A strategy of engagement would be more effective.
Indonesian democracy itself is still relatively young and evolving, while the country’s macroeconomic and policy developments over the last few months have been mixed.
Strange as it may seem, many years of miracle growth are always the “easy” part for a poor country. The tough part is usually the subsequent adjustment needed to accommodate the changes generated over the miracle years.