Tag "Asian financial crisis"
Opinion: Socializing China as a path to reform
Setting realistic national goals, while being true to the nation’s past, should not be a hard sell domestically or internationally. Xi Jinping must continue to challenge powerful party officials and networks
Luck is behind Jokowi’s subsidy gamble in Indonesia
President of Indonesia Joko Widodo recently cut fuel subsidies. Thanks to falling global oil prices, Indonesians have actually seen a drop in prices at the pump, and thus have not
Weakening currencies put developing countries’ debt at risk
Debts issued in foreign currencies, some of which are not counted in official statistics, are a rising risk to developing economies as the UK and US get closer to raising
Argentina’s default raises more questions than answers
Of all the defaults through Argentina’s history, the one on august 3rd 2014 is the strangest to date. Moreover, its implications could spill over to the rest of global markets. In
Brazil and Turkey: The Party is Over
The world held its breath on September 18th. Would Ben Bernanke taper? Investors around the globe breathed a sigh of relief when he postponed slowing down the Fed’s bond buying
