DAN STEINBOCK

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Janet Yellen’s term is ending at the Federal Reserve. With new appointments, President Trump can indirectly shape US monetary policy for years to come. The Philippines is not immune to policy change— or policy missteps. IN September, the Philippine central bank kept its key interest rate unchanged as widely expected.…

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Despite opposition, President Duterte’s Presidential Anti-Corruption Commission is vital in light of Philippine history and international experience. To be effective, the anti-corruption agency must be independent. ON October 4, President Duterte signed Executive Order 4 creating the Presidential Anti-Corruption Commission (PACC). The commission is mandated “to directly assist the President…

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After a stunning growth performance, the tiger economies are maturing. In the absence of policy changes, they are facing relative stagnation. IN the Philippines, policymakers are often reminded of the growth lessons of Singapore, Hong Kong, South Korea, and Taiwan. Certainly, there is much to learn about the rapid development…

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As menacing rhetoric has overwhelmed international debate over North Korea, dark scenarios cast a shadow over the region – but could also pave the way for peace. RECENTLY, US President Donald Trump, used his debut speech at the United Nations to threaten North Korea with “total destruction” if it does…

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As the White House is escalating trade friction in intellectual property, it has opted for a flawed, partisan stance. IN August, President Trump asked US Trade Representative Robert Lighthizer, a veteran Reagan administration trade hawk, to open an investigation into China’s intellectual property (IP) practices. The public hearing about Chinese…

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While some argue that the BRICS are fading away, the structural potential of large emerging economies remains impressive. By the early 2030s, their combined economic power will surpass that of major advanced nations, despite growth deceleration. Recently, the BRICS nations—China, India, Brazil, Russia and South Africa—had their annual summit in…

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Hurricane Harvey and Typhoon Hato precipitate escalation in extreme weather, particularly in countries of high global climate risk – including the Philippines. RECENTLY, I followed the tropical storm Isang pass the Batanes area in the north. After I flew to Guangzhou in China, the low-pressure storm morphed first into a…

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As divisions are deepening in the US, Washington is paving the way for trade wars. Incumbent President’s life expectancy is a matter of public debate. America’s political fall will be the hottest—and potentially violent —in decades. WHILE Charlottesville’s white supremacists and violent riots brought forward old race divisions and seemingly…

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Along with violent domestic divisions and new nuclear risks, the White House has begun to “unilateralize” the postwar multilateral trading regime. What will be the impact on the Philippines? RECENTLY, President Donald Trump called for an investigation into China over US intellectual property (IP) practices and technology transfers. In turn,…

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Asean faces old and new challenges, and a huge long-term opportunity. The next three decades could witness the shift of global economic momentum from the trans-Atlantic axis to the trans-Asian axis. THE Association of Southeast Asian Nations (Asean) recently marked its 50th anniversary in Manila with President Duterte hosting the…

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