Thursday 24 Aug 2017 | 10:09 | 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

Why aren’t Australia and Vietnam strategic partners?

The election of Donald Trump as US president has increased strategic uncertainty about the leadership role of the US as the 'indispensable power' in the Indo-Pacific. One obvious conclusion is that Australia will have to redouble its defence and security engagement in the region. There are signs

Laos: Playing to win in Mekong hydropower game

At a time of deep concern about the ecological future of the Mekong River (declining fish stocks, reduced water and sedimentation flows, and destructive saltwater incursion into the Mekong delta), Laos, the minnow of the participants in the Mekong River Agreement of 1995, is continuing to

In Vietnam, Castro receives his dues

Vietnam is to hold a national day of mourning for Fidel Castro this Sunday, 4 December. Even now the old comrade commands respect in Vietnam. The country has been cultivating a varied network of foreign relationships in recent years, lately strengthening its ties with India and dismantling the

High hopes and a big let-down: Vietnam and the TPP

Vietnam was thought to be a big winner from the Trans-Pacific Partnership (TPP). As such, US President-elect Donald Trump's promise to withdraw from the deal is obviously bad news. Though it wasn’t unexpected, Vietnam has several reasons for disappointment: It might be a signal of a slowdown in

Laos dams bad news for those downriver on the Mekong

A few days after Donald Trump's stunning election victory, a potentially bigger story broke for the millions who depend on the Mekong river for their food and livelihood: Laos informed the Mekong River Commission that it intends to proceed with a new hydro dam in the Pak Beng district, its

Dien Bien Phu: Digging into history

The French strong-points at Dien Bien Phu in northwest Vietnam are falling again. Not, as in 1954, to Viet-Minh attacks, but rather to the bulldozers of progress. The entrenched ‘air-land’ camp of Dien Bien Phu was established by parachute drop in November 1953. The flat river-valley floor,