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China's reserve currency status is far from settled, as the costs of becoming a reserve currency may outweigh any potential benefits.
President Obama’s trip to Southeast Asia provides him with an opportunity to present a common vision of partnership to Southeast Asia that will resonate throughout the region.
Carefully sequenced economic reforms are now a priority for Myanmar’s government in order to generate broad-based growth in employment, incomes, and output.
To truly solve long-running conflicts in Southeast Asia, ceasefires must yield peace dividends that include better economic opportunities.
Japan remains a vital part of Asia and will be a major player in shaping the region’s future. The United States needs to remember Japan’s importance.
China needs a new economic growth model, with a different financial system, modified state sector, and the political reforms necessary to accommodate both.
As in the Cold War, so in the current power play between the United States and China; the rest of Asia will simply not submit itself to the discipline of a bipolar framework. Asia will actively shape and be shaped by the emerging strategic dynamic between Washington and Beijing.
Experts disagree how soon rising consumption can replace investment as an engine of economic growth in China, a question that will determine whether or not China undergoes a painful rebalancing.
Asia is being pulled in two different directions, as economic trends encourage peaceful integration while security concerns spark conflicts. Resolving this tension will determine the region's future.
Growth forecasts based on China's current development model overstate future growth rates because they fail to account for structural shifts during the necessary rebalancing process.