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Pacific Money
The 21st century is commonly referred to as the 'Pacific Century.' For such a prediction to materialize, the economies of the Asia-Pacific must lead the globe. What challenges will the region face? What nations stand to benefit most? The Diplomat's economics and business blog, Pacific Money, will try to tackle these questions and more.
![Is Indonesia’s New High-Speed Rail Line Worth It? Is Indonesia’s New High-Speed Rail Line Worth It?](jpg/thediplomat_2022-10-14-044139.jpg)
June 27, 2023
Is Indonesia’s New High-Speed Rail Line Worth It?
By James Guild
Whether or not the rail line turns a profit, Jakarta is hoping that the project brings a wider range of subsidiary benefits.
![Pakistan: Escaping the Sovereign Debt Trap Pakistan: Escaping the Sovereign Debt Trap](jpg/thediplomat_2023-04-03-003039.jpg)
June 22, 2023
Pakistan: Escaping the Sovereign Debt Trap
By Samir Tata
The key to escape Pakistan’s sovereign debt trap is hiding in plain sight – deleveraging.
![How Last Week’s High-profile Resignation Will Impact the AIIB How Last Week’s High-profile Resignation Will Impact the AIIB](jpg/thediplomat_2021-12-09-151657.jpg)
June 21, 2023
How Last Week’s High-profile Resignation Will Impact the AIIB
By Kearrin Sims
Despite the bad press that it generated, Canadian Bob Pickard's resignation from the Beijing-based development bank is unlikely to have a lasting impact.
![Who Pays and Who Profits From High Energy Prices in Thailand? Who Pays and Who Profits From High Energy Prices in Thailand?](jpg/thediplomat_2022-07-06-024725.jpg)
June 21, 2023
Who Pays and Who Profits From High Energy Prices in Thailand?
By James Guild
Many governments are facing the question of whether to absorb rising energy prices, or put the burden on the shoulders of consumers.
![How Vietnam Can Disrupt China’s Dominance in EVs How Vietnam Can Disrupt China’s Dominance in EVs](jpg/thediplomat_2021-11-23-131730.jpg)
June 19, 2023
How Vietnam Can Disrupt China’s Dominance in EVs
By Hugh Harsono
There's a long way to go, but the country has most of the ingredients it needs to be a significant player in global EV supply chains.
![Toyota Shareholders Reject Proposal Demanding Better Performance on Climate Change Toyota Shareholders Reject Proposal Demanding Better Performance on Climate Change](jpg/thediplomat_2023-06-14-134421.jpg)
June 14, 2023
Toyota Shareholders Reject Proposal Demanding Better Performance on Climate Change
By Yuri Kageyama
Toyota's chairman, Akio Toyoda, and other company officials defended their green record.
![ASEAN’s Cross-Border Digital Payment System Explained ASEAN’s Cross-Border Digital Payment System Explained](jpg/thediplomat_2023-06-13-054329.jpg)
June 13, 2023
ASEAN’s Cross-Border Digital Payment System Explained
By James Guild
Greater financial integration is good for consumers and travelers, but it won't end Southeast Asia's dependence on the U.S. dollar.
![Can IPEF Protect Corporate Supply Chains? Can IPEF Protect Corporate Supply Chains?](jpg/thediplomat_2023-06-13-000337.jpg)
June 12, 2023
Can IPEF Protect Corporate Supply Chains?
By SUKEGAWA Seiya
An IPEF agreement notwithstanding, companies in the Indo-Pacific will still be at risk of disruptions to their supply networks.
![Why Singapore Airlines Had a Good 2022 Why Singapore Airlines Had a Good 2022](jpg/thediplomat_2023-06-07-205219.jpg)
June 08, 2023
Why Singapore Airlines Had a Good 2022
By James Guild
The city-state's flagship carrier enjoys a key advantage over many of its regional rivals.
![Chinese Investment in Europe Is Changing Chinese Investment in Europe Is Changing](jpg/thediplomat_2023-06-02-151800.jpg)
June 03, 2023
Chinese Investment in Europe Is Changing
By Gabriele Manca
Chinese companies are investing less in Europe, but they are raising the bar for the investments that are being made.
![Indo-Pacific Economic Framework for Prosperity Reaches Supply Chain Agreement Indo-Pacific Economic Framework for Prosperity Reaches Supply Chain Agreement](jpg/thediplomat_2023-06-02-122124.jpg)
June 02, 2023
Indo-Pacific Economic Framework for Prosperity Reaches Supply Chain Agreement
By Rajeswari Pillai Rajagopalan
That IPEF member countries have come so far since the group's establishment a year ago suggests that there is a near unanimous view about supply chain vulnerabilities.
![Why Weakness in US Banking Is Unlikely to Spread to Indonesia Why Weakness in US Banking Is Unlikely to Spread to Indonesia](jpg/thediplomat_2023-05-31-043402.jpg)
May 31, 2023
Why Weakness in US Banking Is Unlikely to Spread to Indonesia
By James Guild
The country's banks are relatively conservative, relying on everyday loans over more risky and profitable assets.
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