Simultaneously courting the West and expanding its influence beyond its borders could work in the short-term. But in the short-term only.
Simultaneously courting the West and expanding its influence beyond its borders could work in the short-term. But in the short-term only.
Sri Lanka is expanding its free trade agreement with India. Nationalism is acting against, as usual. But the state regulatory structure is the real issue.
If a country had the most-restrictive regulations on foreign direct investment (FDI) of 55 nations studied, where do you think it would rank among those nations in terms of actually attracting investment from abroad? If you said “First,” you obviously would be flaunting conventional economic theory and engaging in highly counter-intuitive speculation. Further, […]
Secretary of State Hillary Clinton and US Treasury Secretary Tim Geithner play host this week to the third round of a newly formed bi-lateral talks between the US and China. This is the first time the so-called US-China Strategic and Economic Dialogue (SE&D) is being held in the US. The purpose of the talks, Geithner said in his opening comments on Monday, is to look for opportunities to build closer economic ties between the World’s two leading economic powers.
A synopsis of market-moving news and developments in the Emerging Markets.
Malaysia: PM Najib Razak has launched an economic reform initiative, the New Economic Model (NEM), which is geared to transform Malaysia into a developed nation by 2020. The problem with this lofty goal is that Malaysia is currently facing ascending competition, a marked decrease in foreign direct investment (FDI), and the fact that this reform […]
CAFTA: This site recently discussed the growing angst of citizens in several Southeast Asian nations in regard to CAFTA. Asia Times is currently running an article addressing some specific areas of contention in detail. Touted as the world’s biggest free-trade area, CAFTA will bring together 1.7 million consumers with a combined gross domestic product of […]
Based on the most recently available information on foreign direct investment (FDI), by nation, the Palestinian state has experienced an unexpected surge in its economic growth in 2009, and a burdgeoning effort to attract foreign investors and entrepreneurs.
Asia Times Online has several great articles out this week on Southeast Asia: – Vietnam could be facing another currency crisis. The Vietnamese Dong may crash due to the governments unsustainable trade and spending deficits. Apparently, things got out of hand as early as late 2007, when Vietnam started printing Dong based off of the […]
– U.S. Senator Jim Webb (Dem. VA) recently met with the Burmese Junta and Aung San Suu Kyi and successfully secured the relief of the John Yettah, the Americans whose odd actions initiated the latest Aung San Suu Kyi trial and conviction. If the Obama Administration really wants to take take proactive and pragmatic steps […]
– Former Filipino President Corazon Aquino, the nations first female president, died at age 76 from colon cancer. Current president, Gloria Magapacal-Arroyo, who was a protege of Aquino, before a split with her over corruption charges, has declared a 10 day period of national mourning. Aquino is best known for being the widow of Benigno […]
Africa’s colonial history, present state of being and promising future is the subject of a new book, Africa: Altered States, Ordinary Miracles. African journalist and author Richard Dowden discusses his book, which focuses on sub-Saharan Africa. He also weighs in on the “Frontier” Markets, Trade and foreign investment opportunities in African nations such as Nigeria and Ghana, among others; as well as the political climate in nations, such as Zimbabwe.