Economics

Reading Time: 4 minutes Author: Nischal Dhungel, NIPoRe The International Monetary Fund’s recent World Economic Outlook report paints a bleak economic future. It has downgraded global growth predictions from 6.1 per cent in 2021…

Reading Time: 3 minutes Author: Gunther Schnabl, Leipzig University Inflation rates have risen far above the targets of many central banks around the world, reaching 9.1 per cent in the United States and 8.6…

Reading Time: 4 minutes Author: Richard Katz, Carnegie Council for Ethics in International Affairs Making Japan a start-up nation again, as in the Sony and Honda days, was a major goal of Prime Minister…

Reading Time: 3 minutes Authors: Minquan Liu, Peking University and Yuming Cui, HITSZ As the largest goods trading nation and the second-largest economy in the world, it is not surprising that China’s recent trade…

Reading Time: 3 minutes Authors: Made Anthony Iswara, Fauzan Kemal Musthofa and Fitri Ayunisa, SMERU Research Institute What’s cooking in 2022? In Indonesia, not oil. The world’s largest palm oil producer is currently experiencing…

Reading Time: 4 minutes Author: Brad Glosserman, Tama University In May 2022, Japan’s National Diet passed its long-anticipated economic security bill. The legislation reflects growing concern about the vulnerabilities created by extended supply chains,…

Reading Time: 3 minutes Author: Sayuri Shirai, Keio University Like many other central banks, the Bank of Japan (BOJ) has conducted Central Bank Digital Currency (CBDC) experiments since 2021 to test the technical feasibility…

Reading Time: 4 minutes Author: Editorial Board, ANU Global uncertainties have given birth to pronouncements that range from nonsense to seriously dangerous such as that the WTO is dead and that globalisation has run…

Reading Time: 4 minutes Author: Bernard Hoekman, European University Institute After two COVID-19-related postponements, the World Trade Organisation (WTO) 12th ministerial conference (MC12) was held in Geneva from 12–17 June 2022. Expectations for a…

Reading Time: 4 minutes Author: Ken Heydon World Trade Organisation (WTO) Director-General Ngozi Okonjo-Iweala says the measures agreed upon at the 12th WTO ministerial conference (MC12) on 12 June ‘will make a difference to…