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View all search resultseconomy
Academia 3 days ago
PREMIUM
China’s failed quest to rebalance its economy
When China’s leaders first acknowledged the need to rebalance the economy nearly two decades ago, it seemed like a matter of when, not if. But with the household consumption share of Chinese GDP remaining stubbornly low, officials’ promises to boost domestic demand have lost all credibility.
Opinion 2 weeks ago
PREMIUM
Analysis: Bond vigilantes send a warning to Indonesia
Indonesia’s financial markets have experienced significant turbulence in recent weeks, with the rupiah depreciating beyond Rp 18,000 per US dollar, the Indonesian Stock Exchange (IDX) Composite index falling by nearly half to below 6,000 points, 10-year government bond yields have climbed to 7.3 percent and the yield curve has flattened considerably amid substantial capital outflows. Together, these indicators suggest that investors are losing confidence in the government’s economic management. Yet the government has shown little indication of adjusting its policy direction.
