Archive | Governance RSS feed for this section
Governance

India: Defeat of the inclusive growth agenda?

India: Defeat of the inclusive growth agenda?
Elections are complex affairs and the factors that give rise to a change of government normally include the three Ps of personalities, policies, and past performance. This is certainly true of the recent election in India. The Congress Party, led by the Gandhi dynasty, lost control of the government to a resurgent Bharatiya Janata Party headed by the former chief minister of Gujarat state, Narendra Modi. A key question is whether the policies of inclusion, pursued by Congress for a decade, were rejected by the electorate. Read more.
Print This Post

Governance

Better urban management in the Pacific offers double dividends

Better urban management in the Pacific offers double dividends
A new report by Asian Development Bank (ADB), Moving from Risk to Resilience: Sustainable Urban Development in the Pacific, argues that efforts to improve urban management in the Pacific can improve both the quality of life in the region’s cities and towns and, at the same time, build greater resilience to natural hazards and climate change-induced events. Read more.
Print This Post

Governance

Why is the PRC showing signs of overheating despite slowing economic growth?

Why is the PRC showing signs of overheating despite slowing economic growth?
The People’s Republic of China’s (PRC) economy has shown signs of overheating despite a sharp slowdown in economic growth, suggesting that, constrained by the supply of labor, its potential growth rate might have fallen significantly from its past level. With the priorities of the PRC’s authorities shifting from raising economic growth to curbing inflation, they are expected to change their stance on macroeconomic policy, including monetary policy, from easing to tightening. As a result, the PRC economy is likely to slow in 2014. Read more.
Print This Post

Governance

Abenomics: Progress, prospects and how the 2020 Tokyo Olympics can help solve Japan’s debt problem

Abenomics: Progress, prospects and how the 2020 Tokyo Olympics can help solve Japan’s debt problem
Japanese Prime Minister Shinzo Abe’s economics platform, dubbed Abenomics, is a policy package consisting of three “arrows”: aggressive monetary easing with inflation targeting; flexible fiscal policy; and growth strategy. Together, the three arrows aim to lift Japan’s economy out of chronic deflation and stagnation, putting it on a path of sustainable growth. Thanks to the first and second arrows, Japan’s economy is firmly on the pathway to recovery and ready for the third arrow, barring political will. Tokyo’s recent successful bid to host the 2020 Olympic Games complements the Abenomics strategy by presenting a not-to-be-missed opportunity to solve Japan’s debt sustainability problem. Read more.
Print This Post

Governance

Think Tank challenge: Surviving the competition

Think Tank challenge: Surviving the competition
The growth of public policy research organizations, or think tanks, over the last few decades has been nothing less than explosive. Not only have these organizations increased in number, but the scope and impact of their work have also expanded dramatically. The potential of think tanks to support and sustain responsible governments and civil societies is far from exhaustive as policymakers worldwide face a common problem of bringing expert knowledge to bear in their decision making. Read more.
Print This Post