Economeister

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href="/web/20150907142129/http://asia.nikkei.com/Viewpoints/Economeister/China-s-financial-crisis-hinges-on-good-equilibrium">China's financial crisis hinges on 'good equilibrium'</a></h2> <p>The severity of financial crises depends on the presence of "good equilibrium," with a calm market, or "bad equilibrium," when the market overreacts and the crisis snowballs.</p> </div> </div> </div> <div class="article-list "> <div class="article-box text-list"> <ul> <li> <div class="sub-title">Arthur M. Mitchell</div> <h3 class="title"><a href="/web/20150907142129/http://asia.nikkei.com/Viewpoints/Economeister/Corporate-governance-reforms-a-potential-catalyst-for-real-change-in-Japan">Corporate governance reforms a potential catalyst for real change in Japan</a></h3> <p>Japanese politicians are realizing the role of government is to foster conditions in which the private sector can flourish, writes Arthur M. Mitchell.</p> </li> <li> <div class="sub-title">Dani Rodrik</div> <h3 class="title"><a href="/web/20150907142129/http://asia.nikkei.com/Viewpoints/Economeister/Back-to-fundamentals-in-emerging-markets">Back to fundamentals in emerging markets</a></h3> <p>CAMBRIDGE -- Following 15 years of hype, a new conventional wisdom has taken hold: emerging markets are in deep trouble. Many analysts had extrapolated rapid growth in countries such as Brazil, Russia, Turkey, and India into the indefinite future, ca...</p> </li> <li> <div class="sub-title">Naoyuki Yoshino and Matthias Helble</div> <h3 class="title"><a href="/web/20150907142129/http://asia.nikkei.com/Viewpoints/Economeister/Asian-growth-holds-opportunities-for-Pacific-nations">Asian growth holds opportunities for Pacific nations</a></h3> <p>Asia can help Pacific economies advance, but environmental and social sustainability must be guiding principles, say Yoshino and Helble. </p> </li> <li> <div class="sub-title">Heizo Takenaka</div> <h3 class="title"><a href="/web/20150907142129/http://asia.nikkei.com/Viewpoints/Economeister/Parsing-Japan-s-latest-fiscal-and-economic-blueprint">Parsing Japan's latest fiscal and economic blueprint</a></h3> <p> The Japanese government makes major policy decisions every year in late June, and this year was no exception. On June 30, the cabinet approved an economic and fiscal management blueprint and a growth strategy, which are the revised fiscal 2015 versi...</p> </li> <li> <div class="sub-title">George Magnus</div> <h3 class="title"><a href="/web/20150907142129/http://asia.nikkei.com/Viewpoints/Economeister/TPP-can-help-but-not-transform-Asia-s-trade-funk">TPP can help but not transform Asia's trade funk</a></h3> <p>It has become almost an annual ritual for the International Monetary Fund to lower its projections for economic growth in emerging countries, including those in Asia, still the most dynamic part of the emerging universe. A key factor in recent downgr...</p> </li> <li> <div class="sub-title">Xia Le</div> <h3 class="title"><a href="/web/20150907142129/http://asia.nikkei.com/Viewpoints/Economeister/Renewed-market-turmoil-shows-need-for-new-approach">Renewed market turmoil shows need for new approach</a></h3> <p>Beijing should unify its market regulators, focus on institutional liquidity and open up further to foreign investors, says Xia Le.</p> </li> <li> <div class="sub-title">Nicholas Spiro</div> <h3 class="title"><a href="/web/20150907142129/http://asia.nikkei.com/Viewpoints/Economeister/Southeast-Asia-slowdown-tests-investors-will">Southeast Asia slowdown tests investors' will</a></h3> <p>Singapore's economy has practically ground to a halt. As recently as the second half of 2014, it grew 3.75%. But a flash estimate for second-quarter gross domestic product showed the economy contracted 4.6% from the previous quarter, much worse than ...</p> </li> <li> <div class="sub-title">Dale W. Jorgenson</div> <h3 class="title"><a href="/web/20150907142129/http://asia.nikkei.com/Viewpoints/Economeister/Trans-Pacific-Partnership-can-help-end-Japan-s-lost-decades">Trans-Pacific Partnership can help end Japan's 'lost decades'</a></h3> <p>The Trans-Pacific Partnership, by spurring trade and investment, offers Japan and the U.S. a way to lift economic growth, writes Dale W. Jorgenson.</p> </li> <li> <div class="sub-title">Paul Donovan</div> <h3 class="title"><a href="/web/20150907142129/http://asia.nikkei.com/Viewpoints/Economeister/Without-marriage-equality-Asia-may-suffer">Without marriage equality, Asia may suffer</a></h3> <p>There will be consequences for economies that essentially prevent some workers from reaching their full potential, writes Paul Donovan.</p> </li> <li> <div class="sub-title">Itsuo Toshima</div> <h3 class="title"><a href="/web/20150907142129/http://asia.nikkei.com/Viewpoints/Economeister/Toshiba-Abe-scaring-global-investors-from-Japanese-stocks">Toshiba, Abe scaring global investors from Japanese stocks</a></h3> <p>Itsuo Toshima wonders how much longer Japanese stocks can keep shooting skyward while global investors remain on the sidelines? </p> </li> <li> <div class="sub-title">Brian Jackson</div> <h3 class="title"><a href="/web/20150907142129/http://asia.nikkei.com/Viewpoints/Economeister/Weak-linkages-with-Chinese-stocks-to-limit-drag-on-most-non-financial-sectors">Weak linkages with Chinese stocks to limit drag on most non-financial sectors</a></h3> <p>Stock market turmoil has dominated headlines in China over the last four weeks, following months of equally intense coverage of its rise. Most observers understand the basic figures about the rise and fall of valuations in China, along with their inc...</p> </li> <li> <div class="sub-title">Ian Bremmer</div> <h3 class="title"><a href="/web/20150907142129/http://asia.nikkei.com/Viewpoints/Economeister/Stop-looking-for-villains-in-Greek-crisis">Stop looking for villains in Greek crisis</a></h3> <p>The Greek people have now raised the stakes, and it's time for a broader look at the threat to the European project. There are so many high-profile multinational negotiations under way at the moment. Iran, the U.S., Britain, France, Germany, Russ...</p> </li> <li> <div class="sub-title">Itsuo Toshima</div> <h3 class="title"><a href="/web/20150907142129/http://asia.nikkei.com/Viewpoints/Economeister/Gaining-a-sense-of-perspective-on-the-Greek-crisis">Gaining a sense of perspective on the Greek crisis</a></h3> <p>Greece was long regarded as a winter resort for Germans and other Europeans, whose lavish lifestyles the locals observed with envy. When Greece cast aside the drachma to join the euro, Greeks dreamed it would allow them to live as the Germans did. ...</p> </li> <li> <div class="sub-title">Joseph E. Stiglitz</div> <h3 class="title"><a href="/web/20150907142129/http://asia.nikkei.com/Viewpoints/Economeister/Europe-s-attack-on-Greek-democracy">Europe's attack on Greek democracy</a></h3> <p>NEW YORK -- The rising crescendo of bickering and acrimony within Europe might seem to outsiders to be the inevitable result of the bitter endgame playing out between Greece and its creditors. In fact, European leaders are finally beginning to reveal...</p> </li> <li> <div class="sub-title">Itsuo Toshima</div> <h3 class="title"><a href="/web/20150907142129/http://asia.nikkei.com/Viewpoints/Economeister/Grexit-could-come-sooner-than-expected">'Grexit' could come sooner than expected</a></h3> <p>Japanese stocks became among the first to tumble Monday, as the situation in Greece developed rapidly after Athens announced that it will hold a referendum on July 5 on the European Union's fiscal reforms and shut down its private banking system. ...</p> </li> <li> <div class="sub-title">Frederic Neumann</div> <h3 class="title"><a href="/web/20150907142129/http://asia.nikkei.com/Viewpoints/Economeister/For-Asia-decoupling-is-a-double-edged-sword">For Asia, 'decoupling' is a double-edged sword</a></h3> <p>Emerging markets in Asia no longer depend on the West for growth, but nor will they benefit as much from its recovery, writes Fredric Neumann.</p> </li> <li> <div class="sub-title">Nicholas Spiro</div> <h3 class="title"><a href="/web/20150907142129/http://asia.nikkei.com/Viewpoints/Economeister/Asia-s-markets-can-t-afford-a-Grexit">Asia's markets can't afford a 'Grexit'</a></h3> <p>Greece leaving the eurozone could cost Asia dearly, argues Nicholas Spiro.</p> </li> <li> <div class="sub-title">Gan Jie</div> <h3 class="title"><a href="/web/20150907142129/http://asia.nikkei.com/Viewpoints/Economeister/No-hard-landing-on-China-s-horizon">No hard landing on China's horizon</a></h3> <p>The country's economy is stabilizing, though fundamental challenges still need to be addressed, says Gan Jie.</p> </li> <li> <div class="sub-title">Klaus Baader</div> <h3 class="title"><a href="/web/20150907142129/http://asia.nikkei.com/Viewpoints/Economeister/Asia-s-monetary-policy-easing-is-working">Asia's monetary policy easing is working </a></h3> <p>It's hard to say if the recent monetary easing by Asia-Pacific nations has done any good. 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