Asia & Pacific

Michael Pettis: Money Is Not Created Out of Thin Air

A recurring conversation I have with clients concerns the ability of banks to create credit, and of governments to monetise debt, and whether this...

UNCTAD Investment and Enterprise Division: An Investment Perspective on International Taxation

Tax avoidance practices by multinational enterprises (MNEs) often depend on corporate structures that are built by routing investments through offshore investment hubs or conduits...

Anders Åslund: The Submerging Market Threat

It is time to put the rise of the emerging economies in perspective. The rapid economic growth in much of the developing world since...

Ilan Kapoor: Not Easily Impressed by Do-Gooders

Professor Ilan Kapoor doesn’t believe in participatory development. He considers the concept little more than a misleading slogan – harsher words have been used...

Asia Pacific: Japan – A Uniquely Successful Model

Ernest Hemmingway once said that going broke happens very slowly – and then all of a sudden. The world has been waiting for more...

Playing to Win or Playing to Survive? Urbanisation and the Knowledge...

It is no surprise that cities around the world have been expanding over the last few decades. The pace of this trend is breath-taking....

Ha-Joon Chang: Guerrilla Economist

After living in the UK for nearly thirty years, Ha-Joon Chang is not overly impressed by the weather or the national preoccupation with cricket....

Dr Bernard Kourchner: Activist of Humanitarian Intervention

Humanitarian, activist, doctor, and politician: Bernard Kouchner is an outspoken advocate for the duty of states to intervene in other countries in order to...