Asia Pacific
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