The Bank of Japan folded as easily as a hot slice of New York pizza. After a few weeks of pounding by newly installed Prime Minister Shinzo Abe, the BOJ’s (officially independent) managers capitulated on Jan. 22 to his demands …
Will Japan’s New Prime Minister Start a Debt Crisis?
History tells us that Abe’s archaic slate of policies won’t solve what ails Japan
Forget the Fiscal Cliff: Why Obama Is in Asia
It might seem strange that newly re-elected President Barack Obama has chosen this moment to jet off to Asia. After all, he’s left a mess of problems back home. The White House is in the midst of tense negotiations with …
India vs China: Which Has a Bigger Reform Challenge?
Both India and China are in the middle of their worst economic slowdowns in many years. If IMF projections for 2012 prove accurate, China’s GDP will advance at the slowest pace since 1999, and India’s at the slowest pace …
At World Economic Forum, Indian Business Elites Fret Over Their Country’s Future Growth
At the World Economic Forum summit in the environs on New Delhi, a TIME-sponsored panel explored how India’s economy can be reinvigorated and made more inclusive in the decades to come.
Can China’s New Leader Prevent an Economic Crisis?
If Xi Jinping doesn’t boldly reform the Chinese economy, its future won’t be as bright as its past.
Tackling the Myth of Indian Inefficiency (Sort Of)
India may still lag China in infrastructure and bureaucratic competence, but the South Asian giant is catching up fast
Can Japan Change?
Japanese have watched their economy sink for two decades. Are they finally getting angry?
The Myth of Chinese Efficiency
Many people in the U.S. and Europe believe China is a model of modern transport and political effectiveness. They should try to live here.
The Wholesome Hidden Message of ‘Gangnam Style’
If you have access to the Internet — and you sort of have to in order to read this — then chances are good that you’ve seen the over-the-top music video for South Korean pop star Psy’s “Gangnam Style,” which has racked up …
Can Entrepreneurship Bring Change Where the Arab Spring Has Not?
Gathered together around a wide table, the group of entrepreneurs in Dubai for this year’s MIT Enterprise Forum Arab Business Plan Competition represented a key constituency of the Arab Spring generation: Young, educated, and …
Will Burma Become Asia’s Next Economic Tiger?
The Southeast Asian nation has the same potential for rapid growth as the region’s other economies, but realizing that promise will take years of reform