Why the West continues to get China’s future wrong
The country is in its third major stage of economic change, but Beijing's true intentions and plans must be closely watched.
Why is change so hard for China's leadership?
Economic reforms in China are much like New Year's diet resolutions: easily announced and easily forgotten.
Facing down secular stagnation in China
With President Xi Jinping's anti-corruption drive chipping away at the culture of personal gain among Chinese officials, now is the time to press ahead with structural reforms, not back away from them.
Abe shouldn't make his mentor's mistakes
Prime Minister Shinzo Abe should keep in mind why voters backed him to begin with: his apparent decisiveness and determination to challenge old ways of doing things.
Economy can do without structural reform
While critics of "Abenomics" begrudgingly agree Prime Minister Shinzo Abe's policy package has been a success so far, they are equally quick to highlight its looming headwinds. They concede that the first two "arrows" of Abe's economic program, monetary easing and fiscal stimulus, have achieved ...
Where will Xi Jinping's risky reforms lead China?
As they no longer believe time is on their side, Chinese President Xi Jinping and his inner circle are attempting one of the most ambitious economic and social-policy reform plans in history.
Reviving China's economic rebalancing act
As China remains among the world's poorest countries, with per capita income amounting to less than $7,000, its position as the world's largest exporter of capital signifies a gross misallocation of resources. It should adopt a float exchange-rate regime as soon as possible.
Mentor Koizumi shows protege Abe how to reboot
By lending his popularity to the anti-nuclear chorus and exciting the public about a pro-growth energy future, Junichiro Koizumi isn't just counseling a better way. He's offering his protege Shinzo Abe an invitation into the pantheon of true Japanese reformers.
If China pushes economic liberalization while hanging on to its conservative political system, it is unlikely that it will succeed in resolving the contradictions that now plague its society.
Ultra-easy money experiment impedes reform
The ultra-easy monetary experiment is impeding the necessary process of deleveraging, threatening central banks' "independence" and raising asset prices.
