"For as long as China is determined to maintain its trade surplus and its capital controls, no amount of payments in yuan, whether for oil or anything else, will change that reality." https://t.co/rAWKeFnu4A
In this @east_asia_forum piece, I argue Prabowo's new brand of #resourcenationalism combines statism, coercion, and nativism - an approach that won't solve entrenched but increasingly urgent problems of environmental harm and land conflict in #Indonesia.
https://t.co/TnDtqCu56c
Piketty et al claim "the promise that economic growth would 'lift all boats' has not been kept." Yet Piketty's own data show that for the first time in 4 centuries global inequality improved in recent history. We want more global growth, not less.
The idea that area studies and statistics are substitutes and not complements is so tiresome. You know what requires language skills? Running a field experiment with a team. Or collaborating with a government agency to get data. How do you think these projects happen?
Children in Buenos Aires or Yogyakarta who want to talk about Kpop have to first master English and have at least a rudimentary grasp of gay slang and AAVE, just like how generations of European scholars had to study Greek and Latin if they wanted to study the botany of China
In a bid to boost state revenues, Indonesia will centralize exports of its most prized commodities: coal, palm oil, and more. President Prabowo announced the plan today in a fiery, 95-minute speech. Our story: https://t.co/ZFTothnKtC
Reminder: South Korea's successful industrial policy was predicated on guzzling imports faster than increasing exports, for several decades, supported by extensive external borrowing. Supply of public external loans was esp crucial in late 70s early 80s.
https://t.co/Nw3kYVHuPH
Southeast Asian news be like:
Malaysia: "POLITICIAN ARRESTED FOR INSULTING ISLAM"
Indonesia: "12 VOLCANOES ERUPT AT THE SAME TIME"
The Philippines: "CHINA CUTS ALL TIES AFTER NAVY CLASHES"
Singapore: "driver suspended for watching porn while driving"
Economists doing comparative politics without reading the political science literature, and political scientists working on inequality without keeping up with the economics literature?
Indonesia's foreign ministry has warned the defense ministry that an American proposal to give its military "blanket" permission to fly over Indonesian territory risked entangling Jakarta in potential South China Sea conflicts, sources said. Our scoop: https://t.co/vcSFxvRJEC
It is striking how much direct trade between the US and China has fallen off over the last decade. China's share in US imports at 9% is back down to what it was right before China joined the WTO (2001).
Hickel’s article is bad. Not provocative. Not controversial. Bad. Its claims do not hold from the data analysis. Worse, work like this obscures much serious critical work and makes it easier to dismiss criticism of market reform as sloppy ideology. But good work does exist. A 🧵: