US Bond Yield Curve: Should We Worry If it Inverts?
An inversion of the US bond yield curve usually foreshadows an economic downcycle. But this time could be different.
Should Emerging Markets Worry About Higher Interest Rates and a Strong Dollar?
Emerging economies should take careful stock of their economic fundamentals, and intensify efforts to improve their current account and fiscal soundness.
How Can the Changing Trade Landscape Reshape Global Imbalances?
In the future, many Asian economies may not accumulate huge trade surpluses or foreign financial assets as quickly as now.
How Do Deepening Global, Regional Value Chains Affect National Export Performance?
Both global and regional trade integration can affect national exports, and vice versa.
How Can the TPP Without the US Still Make Sense?
The revived Trans-Pacific Partnership retains significant potential for economic gains among its now 11 members, although the impacts will vary across countries.
3 Ways Asian Economies Can Prepare for a Financial Market Downturn
Asia’s financial markets are increasingly vulnerable to external shocks. Here are three steps to make its economies more resilient.
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.