The Asia-Pacific region demonstrated resilience in 2025, recording economic growth of 3.3 percent, slightly exceeding earlier projections of 3.2 percent. However, according to the latest report from the APEC Policy Support Unit (PSU), the region faces growing challenges that are expected to slow economic momentum in the coming years. Asia-Pacific Economic Cooperation (APEC) is a […]
When we are thinking about money, inflation and price we pay on daily basis, we can refer to the Quantity Theory of Money as one of the most influential theories in monetary economics. Developed in the early twentieth century by an American economist Irving Fisher, who was considered a pioneer of modern economic thought, the […]
Can you imagine waking up every day in Bhutan with the fresh air of the Himalayas and breathtaking views? Nested in Himalayas and between India and China, Bhutan is often described as one of the world’s most peaceful and mysterious destinations. Known as the “Land of the Thunder Dragon,” this small Himalayan kingdom offers more […]
Have you been to traditional markets in Southeast Asian countries such as Vietnam and Myanmar? Traditional markets play an important role in the daily lives of people in both Vietnam and Myanmar. These traditional markets are not only places to buy fresh vegetables, fruits, meat, and spices, but they also reflect the culture, lifestyle, and […]
From the bustling cafés of Jakarta and Bangkok to minimalist coffee bars in Seoul and New York, Southeast Asian coffee is having a global moment. Coffee is now one of the world’s most traded commodities, with millions of cups consumed daily across continents. Yet behind today’s specialty coffee movement lies a deeper story that’s rooted […]
Have you ever asked why a country continues to trade in the global market even though there are other countries that are superior in many ways? David Ricardo answered this question through the theory of Comparative Advantage. The theory of comparative advantage, introduced by a British economist, David Ricardo (1772–1823) in the early nineteenth century, […]
This year Asia Pacific Economic Cooperation or APEC enters 2026 at a resilient mode. While the region has maintained short-term resilience, mounting geopolitical tensions and supply disruptions are increasingly threatening its economic outlook. At the center of these risks is the ongoing crisis around the Strait of Hormuz, a vital route for global oil and […]
Vietnam is a country that feels alive in every corner. From the buzzing streets of Hanoi to the peaceful waters of Ha Long Bay, the country offers a unique blend of history, culture, and modern growth. What makes Vietnam especially interesting is how it balances its colonial past with its rapidly developing future. One of […]
Today capitalism remains the dominant global economic system that even countries governed by communist parties and communism ideas brought by Karl Max such as Vietnam and China have adopted market-oriented economic policies and incorporated elements of capitalism into their economies. Capitalism has shaped how countries trade, businesses thrive, and societies balance wealth, opportunity, and inequality. Vietnam […]
Despite pros and cons surrounding it, Milton Friedman’s ideas remain one of the key foundations shaping global economic policies to this day. Milton Friedman was one of the most influential economists of the twentieth century, with The Economist magazine described him as “the most influential economist of the second half of the 20th century … […]
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