Seizing the opportunity to prolong Asia’s trade growth momentum
Asian policy makers must take proactive steps to turn a nascent upturn into a sustained boom. Missing the opportunity will have enormous costs.
Benefits of good governance outweigh the costs
The crucial factor in effective governance is where the decision-making authority lies, and how it is exercised.
Why penalizing imports is a bad idea
Short-term gains will not guarantee long-term benefits for an individual economy, nor shared prosperity from open trade.
What type of protectionism should we fear?
If history is any guide, protectionism comes and goes, so the current rising tide will recede eventually.
What did we learn from the US election on globalization, trade?
One plausible reason for the shock result could be unequal distribution of benefits from globalization and free trade.
Rising tides of protectionism will cause more harm than good
Beyond political rhetoric, the question is whether the current trend is indeed ominous of growing protectionism on the horizon.
Developing countries should not worry yet about Wall Street bashing
The developing world has a long way to go to reach the stage of financial sector development of advanced economies.
Time to go back to the basics to benefit more from trade
200 years after David Ricardo, the philosophical ground of comparative advantage and gains from trade still remains strong.
Will Kaesong shutdown mark the end of a unique SEZ experiment?
Only history will tell us if the North Korean industrial complex was a missed SEZ opportunity, or the time was not yet ripe.