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The Perils of Big COVID Government in Asia
Asia is home to many exemplars of small but effective government, countries where sound policies and strong institutions underpin economic stability and robust growth. But, as former Chief Economist at the Asian Development Bank Lee Jong-Wha writes, during the COVID-19 crisis, many are pursuing expansive macroeconomic interventions and implementing measures that infringe on privacy. They are perched on the edge of a slippery slope.
Are Intellectuals Killing Convergence?
How will COVID-19 affect developing countries’ growth prospects? As Arvind Subramanian, former chief economic adviser to the Indian Government, and Josh Felman, director of JH Consulting argue, the answer will depend largely on how globalisation—and intellectual support for it—evolves in the pandemic’s aftermath. The prospects are not encouraging.
Winning in Asia During the COVID-19 Pandemic and Beyond
Asialink Business CEO, Mukund Narayanamurti, considers the effects of the pandemic on Australian trade in Asia and argues that with the right approach Australian business can continue to thrive in the region.
New Business Model Needed to Bring Back International Students
The sharp decline in international student numbers is the ‘canary in the coal mine’, marking the depth of the COVID-19 economic downturn facing Australia and the region. Denis Blight AO, one of the architects of Australia’s international student recruitment drive, argues cash-strapped universities will have to adapt to the new marketplace with new approaches to teaching that offer a ‘seamless combination of offshore, online and face-to-face delivery’.
Coronavirus: The Siren Song of Protectionism
When the coronavirus pandemic passes, Asia is set to continue its great long boom. Building on the theme of the recent Asialink Business ‘Winning in Asia’ report, respected economist Peter McCawley argues Australian government and business needs to more deeply engage with Asia’s growing regionalism, avoid a post-pandemic temptation to isolate, and embrace greater openness to two-way capital flows, to technology, and to international knowledge.