15 March 2020 The news on the Coronavirus continues to be alarming. However, perhaps Korea's experience is beginning to offer a glimmer of hope. Worldometer provides data indicating that the new case count has slowed sharply during the past two weeks (Chart above). To be sure, the number of infected people has not peaked, nor … Continue reading Covid-19: Korea – A Bit of Good News?
11 February 2020 Since the election in May, India's GDP growth has decelerated sharply: advancing only 4.5% in Q3 2019 compared to 7.3% in 2018. Does this sharp slowdown in economic activity simply reflect short-term volatility or is something more ominous going on? Identifying the sources of the current weakness will help answer this question. … Continue reading India: Has Something Gone Wrong?
22 October 2019 The global economy is slowing. During previous bouts of world-wide economic weakness, Asia has been relied upon as an engine of growth. This time, however, Asian economic activity is also cooling, as the region (and individual countries within the area) confronts both external and domestic challenges. The deepening trade war, of course, … Continue reading Asia: Bending, But Not Breaking
20 June 2019 The escalating trade war between the USA and China has already taken its toll on the global economy, with the export-oriented manufacturing sector hit hardest. And, it's not just the US and China feeling the pain. The following Chart highlights the slump in exports world-wide, especially in the open Asian economies. The … Continue reading Vietnam: Asia’s Rising Star?