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Emerging Asia Set For “Strong Growth” In 2015, 2016: ADB
Emerging Asia will maintain its strong economic growth in 2015 and 2016, supported by soft commodity prices and recovery in the major industrial economies, a new report from the Asian Development Bank (ADB) says. The ADB’s annual economic report, Asian Development Outlook 2015 (ADO), released on Tuesday, forecasts gross domestic product (GDP) growth in emerging … Continue reading
How Low Oil Prices Will Impact Southeast Asia
By Stratfor Global Intelligence Over the past six months, declining oil prices have sent shockwaves through the global economy, providing much-needed relief to consumers and factories in some countries while slashing export revenues and undermining currencies and government budgets in others. But the longer oil prices hover near six-year lows, the more they will affect … Continue reading
The New Global Economy: The Rise Of China And Decline Of The U.S.
By G. Asgar Mitha There is a limit to economic manipulations by empires. All empires have perished due to economic hardships. The Ottoman, Soviet and the British empires were no exception in the past century. Waste was the key product of these empires. Whether the only empire – the US – understands it or not, … Continue reading
Asian Economies Look Inward For Growth, But Need Reforms
By Lien Hoang On a recent trip to Shanghai, Paiboon Ponsuwanna visited internet companies Alibaba and Weibo, and inspiration struck. The businessman, who lives in Bangkok, already exports goods like frozen seafood, but he would like to bring more commerce home, even if it’s online. “Maybe we can start doing this kind of thing in … Continue reading
Strengthening The State And Market In ASEAN
By Peter McCawley An embarrassing fact about ASEAN governments that is generally avoided in public policy discussions is that the capacity of most ASEAN states is quite limited — much more limited than they, and the international community, generally wish to admit. Until it is recognised that state capacity is limited, it will be hard … Continue reading
ASEAN’s Ambitious Agenda
Franklin Templeton’s Mark Mobius: The Association of Southeast Asian Nations (ASEAN) is an example of how smaller global economies can band together to exert a more powerful influence within the international community and have their collective voice heard. ASEAN is made up of 10 members: Brunei Darussalam, Cambodia, Indonesia, Lao PDR (Laos), Malaysia, Myanmar, the … Continue reading
McKinsey: Three Measures Southeast Asia Needs To Embrace For Sustainable Growth
Productivity in most Southeast Asian nations remains at “worryingly low levels” and unless the region builds a more competitive manufacturing sector, it could miss out on opportunities to gain more production from multinational corporations, according to a new report from global consulting firm McKinsey & Company. The report titled “three paths to sustained economic growth … Continue reading
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