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Asia Pacific Economics

Reasons a currency war could still be on the horizon

In February, G20 finance ministers and central bankers announced they would avoid currency devaluations and similar beggar-thy-neighbor policies.  On the surface this might lead one to think that governments would

Asia Pacific Economics

South Korea’s economy: Why the North won’t sink it

The South Korean economy has been sputtering of late.  Economic growth slowed to 2% in 2012, falling from a more robust 3.7% in the previous year.  Important sectors such as