Thursday 24 Aug 2017 | 01:39 | SYDNEY
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Capital flows to emerging economies: Still unresolved

This year marks the 20th anniversary of the Asian Financial Crisis. Many factors were involved in that disaster, but grossly excessive foreign capital inflows were the key macro-economic problem during the boom years preceding the crisis. These flooded out when 'euphoria turned to panic without

In China, changing online attitudes towards Korea

Additional research by Zixin Wang, an intern in the Lowy Institute's East Asia Program. Shen Zhihua, a world-renowned Chinese scholar of the Cold War, recently proposed that 'North Korea is China's latent enemy and South Korea could be China's friend'. His comments, made at Dalian University of

South Korea’s dangerous drift

The tragedy of the Park Geun-hye scandal and impeachment in South Korea should not obfuscate the larger forces that are driving Korean politics. The political pendulum had been shifting towards the left prior to the impeachment – the recent troubles only hastened it. Now, with the likely election

Moon river: A new course for South Korea?

Impeachment provisions are the constitutional equivalent of emergency brakes. Or perhaps a parachute or ejector seat is a better metaphor. One hopes they will never have to be used – but if they are, you pray fervently that they work properly. A polity's life and health are at stake. On that

Asia’s educational arms race

Once again East Asian countries have dominated the global education tables. In recent weeks, both the Trends in Mathematics and Science Study (TIMSS) and the OECD’s Programme for International Student Assessment (PISA) published their rankings of education systems worldwide based on students’

The crisis in Seoul and risks to the region

South Korea is engulfed in a month-long national crisis that has brought politics to a standstill, and the timing could not be worse for the Korean Peninsula and the region. A president in name only The headlines out of Seoul over the past month have been one head-scratcher after another:

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