Asia & the Pacific

73 Items

Protesters kneel

AP/Patrick Semansky

Analysis & Opinions - Foreign Policy

Revolutions Happen. This Might Be Ours.

| June 16, 2020

Stephen Walt writes that political institutions are not permanent phenomena: they are artificial human creations and only as enduring, adaptive, and effective as people make them. He hopes for a serious and sustained process of democratic change, one that respects the nobler features of the U.S. constitutional order yet addresses all the ways in which The United States has failed to live up to its own professed ideals. The alternative, he fears, will be something much more dangerous. 

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Analysis & Opinions - Global Policy

Factoring Pandemic Risks into Financial Modelling

| Apr. 01, 2020

Today’s economic crisis leaves us with an unsettling and perplexing regret. Why weren’t financial portfolios already adjusted for risks that stem from health events such as pandemics? After all, financial portfolios are adjusted for liquidity risks, market risks, credit risks, and even operational and political risks.

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Analysis & Opinions - The Economist

COVID-19 Pandemic Accelerates the Rise of Digital Payments

| Mar. 20, 2020

Could using the cash in your pocket have the potential to spread covid-19? That question has rarely appeared in the news, but many governments and leaders in the digital payments industry are wondering how the virus might impact the use of cash. Several countries have already taken drastic measures to limit circulation of bank notes. Could such interventions lead to the end of cash payments?

People walk by a money exchange shop in Hong Kong.

AP/Kin Cheung

Analysis & Opinions - Project Syndicate

The COVID-19 Cash Out

| Mar. 19, 2020

Because hand-to-hand exchange of physical currency could transmit the coronavirus, countries around the world are being forced to reconsider the use of cash. In fact, COVID-19 might turn out to be the catalyst that finally brings digital payments fully into the mainstream. Not surprisingly, the digital-payments industry is already focusing on the opportunities created by the crisis.

Will the Coronavirus Trigger a Global Recession?

David Dee Delgado/Getty Images

Analysis & Opinions - Project Syndicate

Will the Coronavirus Trigger a Global Recession?

| Feb. 24, 2020

At the start of this year, things seemed to be looking up for the global economy. True, growth had slowed a bit in 2019: from 2.9% to 2.3% in the United States, and from 3.6% to 2.9% globally. Still, there had been no recession, and as recently as January, the International Monetary Fund projected a global growth rebound in 2020. The new coronavirus, COVID-19, has changed all of that.