If China's population shrinks, it's the world's problem
China's slowest population growth in decades may be felt more acutely beyond its borders than within them. The economy will keep humming and incomes...
Can the world survive without dollar diplomacy?
This flexing of monetary muscle raises big questions about the world’s dependence on the greenback and the moral hazard it implies. What if the US...
The Singapore of the future is small and rich
Singapore’s economic star was destined to fade long before its demographic challenges manifested
The real taper tantrum should be happening in China
Perhaps the real tapering the world ought to worry about is happening in China. With hale growth rates, Beijing can do its part to lift Asia and...
Policy credibility is hard to earn and easy to lose
The real test may come when the Fed decides it’s time to talk about tapering, though officials have been wary of going down this route. The slightest...
Interest rates are losing their relevance
Inflation has long been a key driver in setting the level of interest rates. Yet price increases, once considered a curse, have been contained in...
Should Indonesia revoke birth brakes now?
South Korea, China, Taiwan and Singapore all curtailed births in the final decades of the 20th century by strenuously pushing family planning. But...
Inflation fears are overblown
Remember the hand-wringing several years ago when market interest rates dived below zero? Is the critique now that officials have done their jobs too...