The Japanese yen in a turbulent global economy

Written by Dr Seohee Park

Japan’s currency policy will continue to be a subject of international scrutiny as it is intertwined with the country’s strategic choices in an interconnected global economy.

East Asia9DLApril 18, 2024The Japanese yen in a turbulent global economy, Seohee Park, 9DASHLINE, yen, Japanese yen, JPY, dollar, dollarisation, de-dollarisation, US Dollar, currencies, trade, economy, depreciation, appreciation, exchange rate, export, corporate profits, consumer prices, global financial sector, inflation rates, inflation, central bank policies, Swiss franc, safe-haven currency, low sovereign risk, economic stability, monetary policies, interest rate hikes, US Federal Reserve, European Central Bank, lost decade, 1997-98 Asian Financial Crisis, Asian Financial Crisis, asset price collapse, 2008 global financial crisis, 2011 East Japan earthquake, Mrs. Watanabe, investors, housewives, international investors, trade surplus, COVID-19 pandemic, Bank of Japan, interest rates, inflationary pressure, raw materials, debtors, Keynesian economics, animal spirits, John Maynard Keynes, deflationary stagnation, stagflation, savings, taxation, fiscal, Abenomics, Prime Minister Shinzo Abe, Plaza Accord of 1985, Plaza Accord, G5, currency markets, ageing population, wage growth, deflation

China-Maldives military agreement: an upgrade to the bilateral relationship

Written by Lea Thome

The Maldives finds itself caught in a tug-of-war between India and China. However, Malé under Muizzu’s presidency has shown increasing openness towards China as it strives to navigate the balance between the two countries and maintain its own sovereignty.

Leadership transition: A curious moment in Singapore’s politics

Written by Pradeep Krishnan

Post-independence politics in Singapore has known a few watershed moments; each noteworthy for chipping away at the PAP’s dominance.

Power Politics, Southeast Asia9DLApril 15, 20249DASHLINE, Pradeep Krishnan, Leadership transition: a curious moment in Singapore’s politics, Singapore, Leadership transition, Singapore’s Prime Minister Lee Hsien Loong, Lee Kuan Yew, Lawrence Wong, COVID-19 pandemic, People’s Action Party (PAP), Leadership successions, island-republic, illiberal brand of democracy, illiberal democracy, democracy, political stability, economic vitality, Deputy Prime Minister Heng Swee Keat, non-Chinese prime minister, integrity, clean governance, governance, corruption, Senior Minister S. Iswaran, political courtroom drama, National Development Minister Teh Cheang Wan, conflict of interest, inequality, inequality in Singapore, Gini Coefficient, financial hub, Lee Cheng Hui, Tan Chuan-Jin, parliament, extramarital affair, Jamus Lim, opposition, Tharman Shanmugaratnam, Workers’ Party (WP), Prime Minister Goh Chok Tong, Prime Minister Lee Hsien Loong, Goh Chok Tong, General Elections, gerrymandering, political and civil liberties, mandate, Post-independence politics in Singapore, opposition leader J.B. Jeyaretnam, Group Representation Constituency (GRC), city-state

In Conversation with Walter F. Hatch

9DASHLINE recently had the pleasure of speaking with Dr Walter Hatch about his latest book Ghosts in the Neighborhood: Why Japan Is Haunted by Its Past and Germany Is Not.

In Conversation9DLApril 12, 2024Walter F. Hatch, 9dashline, Ghosts in the neighborhood: Why Japan is haunted by its past and Germany os not, In Conversation with Walter F. Hatch, Germany, Japan, United States, European Union, NATO, Europe, Asia

France’s stance on first-ever European Huawei factory underscores EU’s inaction on China

Written by Megan Khoo

Anything less than preventing a Huawei factory in France blatantly disregards France’s current restrictions on Huawei, French national security, and the greater security of the EU.

Europe and the Indo-Pacific, Faultlines9DLApril 11, 2024Huawei, France’s stance on first-ever European Huawei factory underscores EU’s inaction on China, 9dashline, Megan Khoo, France, 5G, EU, China

South Korea's midterm election tests democratic resilience

Written by Dr Hannes B. Mosler

The short-term challenge of this election is to prevent a conservative majority in parliament, lest the current autocratic episode in South Korean democracy turn into a post-democratic vortex.

East Asia9DLApril 9, 2024HANNES B. MOSLER, South Korea's midterm election tests democratic resilience, 9Dashline, South Korea, democracy, election, parliament, midterm election, democratic resilience, K-pop, Park Geun-hye, Park Geun-hye’s impeachment, corruption, FES Human Rights Prize, mass demonstrations, democracy research, formal democracy, Moon Jae-in, President Yoon Suk-yeol, democracy problem, democratisation, democracy index, V-DEM, South Korea’s democracy, backsliding, autocratizing country, autocratisation, Cambodia, Indonesia, Myanmar, Liberal Democracy Index, negative campaigning, governance failures, New Right ideology, Itaewon disaster, press freedom, labour rights, ageing society, inflation, real estate prices, medical schools, political parties, President Yoon's inauguration, party leadership, People Power Party (PPP), Lee Jae-myung, Democratic Party (DP), electoral law reform, National Assembly, satellite parties, Justice Minister Cho Kuk, Rebuilding Korea Party, Public Official Election Act, constituency, lame-duck, lame duck, Yoon’s ‘lame duck’ presidency, post-democratic

India and Bangladesh must address climate migration together

Written by Soraya Kishtwari

As there is no clear legal framework whereby governments or international bodies are able to categorise and process migrants displaced by climate change, many struggle in legal limbo.

South Asia9DLApril 8, 20249dashline, 9DL, Soraya Kishtwari, India and Bangladesh Must Address Climate Migration Together, Climate change, UNDP, climate migrant, Climate Crisis, india, Bangladesh, climate change mitigation, climate refugee, Sundarbans, climate governance, migrant crisis, India-Bangladesh relations

Don't expect any breakthroughs in India-Pakistan relations

Written by Syed Ali Zia Jaffery

Lacking confidence and bandwidth, Pakistan’s new government is unlikely to prioritise improving ties with India. If anything, India will be way down the pecking order of its policy actions.

South Asia9DLApril 4, 2024Syed Ali Zia Jaffery, 9dashline, Dont expect any breakthoughs in India-Pakistan relations, India, Pakistan, conflict, cooperation, ceasefire, LoC, Kashmir

A purported pact: China’s quest for security foothold in Papua New Guinea

Written by Thierry Lepani

As much is yet to be seen with the Australian and US pacts, a potential pact with China should cater to PNG’s problems, rather than solely serving as a solution to China’s strategic positioning in the Pacific.

BRI 2.0: Reflecting on the past, charting the future

Written by Kelly Antoinette Khyriem

As criticisms propel the initiative towards a BRI 2.0, if China actively addresses and mitigates risks associated with its projects by enhancing transparency and accountability frameworks, it has the potential to outpace the emerging alternatives that are challenging the BRI.

East Asia9DLMarch 29, 20249dashline, BRI 2.0: Reflecting on the past, charting the future, Kelly Antoinette Khyriem, Xi Jinping, China, PRC, Belt and Road Initiative, BRI, Maritime Silk Road, digital infrastructure, trade policy coordination, financial cooperation, multilateral institutions, Memoranda of Understanding, geopolitical strategy, domestic development, US-led international order, ‘string of pearls’ theory, Chinese investments, naval bases, Indian Ocean, crucial shipping routes, debt-trap diplomacy, BRI-related loans, Sri Lanka, economic sovereignty, debt trap narrative, governance deficiencies, corruption, 1Malaysia Development Berhad, 1MDB, China-Pakistan Economic Corridor, CPEC, human rights abuses, BRI infrastructure, BRI commitments, large-scale infrastructure projects, sustainability, ecology, carbon dioxide emissions, environmental implications, EU, US, India, transparency, labour rights, EU-Asia Connectivity Strategy, Global Gateway Initiative, Blue Dot Network, Partnership for Global Infrastructure and Investment, PGII, G20 Leaders' Summit, hydropower plants, solar farms, 5G, public-private partnerships, Third Belt and Road Forum for International Cooperation, Digital Silk Road, e-commerce initiatives, BRI 2.0, Green Belt and Road, renewable energy, Clean Silk Road, Silk Road Economic Belt, Hambantota Port, Kenya, Zambia, Malaysia, debt management, digital connectivity, debt burdens, renewable energy investment, AIIB

In Brief with H.E. Sujiro Seam EU Ambassador to ASEAN

9DASHLINE recently enjoyed the opportunity to speak with H.E. Sujiro Seam, the European Union’s Ambassador to ASEAN. This discussion dives into the key aspects of this relationship, exploring areas of cooperation, shared challenges, and the future direction of EU-ASEAN ties.

US-Japan-South Korea trilateral cooperation: Overcoming the populist threat

Written by James Kaizuka

Deeper institutionalisation of security cooperation, bilaterally between Japan and South Korea and trilaterally also including the United States, can head off all of these threats and ensure that the ‘inaugural’ Indo-Pacific Dialogue is not the ‘only’ Indo-Pacific Dialogue.

East Asia9DLMarch 27, 20249dashline, US-Japan-South Korea trilateral cooperation: Overcoming the populist threat, James Kaizuka, Japan, South Korea, US, trilateral, Indo-Pacific Dialogue, Populism, Washington, cooperation, mutual threats, Security, GSOMIA intelligence-sharing agreement, GSOMIA, Soviet, Tsushima Strait, nationalism, Japan’s Prime Minister Kishida, South Korea’s President Yoon, President Biden, authoritarian threat, democracy, Republican Party, President Trump, US allies, trans-pacific, transatlantic, isolationist, free-riding, Beijing, Moscow, Pyongyang, depoliticising, Seoul, Tokyo, populism, elections, South Korea’s National Assembly, Democratic Party, Yoon’s Japan policy, Liberal Democratic Party, Nippon Kaigi, revisionism, Takaichi Sanae, Yasukuni Shrine, Ukraine, territory, history, reparations, wartime compensation, nuclear terrorism, Fukushima’s wastewater, Fukushima, Fukushima water, 1923 Kanto earthquake, second Trump presidency, Anti-military base movements, Alkonis affair, America First, Chinese disinformation, espionage, election interference, Camp David summit, NATO, European Union, Southeast Asia, Seibou Bunri, seikei bunri, diplomacy, defence

Xi’s purge and corruption in the PLA

Written by Lyle J. Morris

Corruption in China’s military is not a case of a “few bad apples”. Rather, it is indicative of a PLA that has systemic problems with corruption whereby kickbacks and buying and selling of promotions have been standard practice for decades.

East Asia9DLMarch 25, 20249dashline, lyle J morris, Corruption in the PLA and Xi’s purge, People’s Liberation Army (PLA), Chinese President Xi Jinping, China-watching community, National People’s Congress (NPC), PLA Rocket Force (PLARF), China’s conventional and nuclear missile programme, Gen. Ding Laihang, PLA Air Force, Chinese People’s Political Consultative Conference, Chinese Communist Party (CCP), Liu Shiquan, China North Industries Group, China Aerospace Science, China Aerospace Science and Technology Corp, chair of weapons manufacturer China North Industries Group, China Aerospace Science & Industry Corp executive Wang Changqing, Defence Minister, Li Shangfu, Qin Gang, national security violations, Wu Guohua, the deputy commander of the PLARF, General Armaments Department, Major General Li Mingquan, General Equipment Support Department of the General Armaments Department, EDD, PLARF, SOE, Lin Biao, CIA, Inner Mongolia, Sino-Soviet border conflict, Cold War, Mao, Directive 1, Directive 2, James Mulvenon, graft, military readiness, China’s nuclear strategy, PLA leadership, whistle blower, whistle-blower, China’s military bureaucracy, corruption, i’s senior technocrats, Xi’s purge and corruption in the PLA

Ageing China increases its military spending

Written by Jiachen Shi

Resorting to military build-up consistently emerges as a rational choice for Chinese policymakers who perceive the country as entangled in a series of ‘internal troubles’ such as social instability and ‘external threats’ such as provocations from the United States.

East Asia9DLMarch 22, 20249DASHLINE, Ageing China increases its military spending, Jiachen Shi, demographics, China, economy, demographic dividend, ageing, population ageing, military spending, party-state regime, national security, crowding-in effect, crowding-out effect, active-duty personnel, demobilised servicemen, prospective soldiers, PLA, China’s National Defence White Papers, only children, one-child policy, elder care, veterans, Ministry of Veterans Affairs, repression, Stockholm International Peace Research Institute (SIPRI), China’s military spending, defence budget, People’s Liberation Army (PLA), recruitment, draft, social status, traditional Chinese culture, Generation Z, code of honour, patriotism, geriatric peace theory, Mark Haas, US hegemony, socio-economic issues, military build-up, United States, India, Russia, Modi government, geriatric peace, political instability

As the Philippines’ 'agency' in West Philippine Sea rises, so too does its infrastructure development

Written by Joshua Bernard Espeña

In the Philippine context, the country’s newfound middle-power position offers the Southeast Asian state the ability to navigate uncertainties based on clearly defined national interests, and doubling down on its commitment to develop its infrastructures in the West Philippine Sea is one of the ways to do it.

Southeast Asia9DLMarch 21, 20249dashline, Joshua Bernard Espeña, Philippines, Philippine sea, maritime infrastructure development, Anti-Access/Area-Denial operations, A2/AD, South China Sea, SCS, drones, imagery intelligence devices, agency, assertive transparency, revisionist moves, middle-power, Southeast Asia, national interests, Philippine Congress, infrastructure development, Martin Romualdez, economic development, resource base, natural resources, Manila, diplomacy, China, Beijing, theory of victory, strategic culture, Ferdinand Marcos Jr, Marcos Jr., National Security Policy (NSP) 2023-2028, NSP 2023-2028, multipolar world, national sovereignty, territorial integrity, national security, resupply missions, joint exercises, construction development, John Mearsheimer, foreign policy objectives, informational spheres, like-minded allies, domestic politics, external powers, foreign policy, Philippine-US alliance, Enhanced Defence Cooperation Agreement, EDCA, Northern Luzon, Huang Xilian, Taiwan, Comprehensive Archipelagic Defence Concept, CADC, Armed Forces of the Philippines, AFP, Mavulis Island, Basco, Batanes province, American interests, Chinese power, Taiwan Strait, West Philippine Sea, Philippine Department of National Defence, archipelagic security, geostrategic agency, Rodrigo Duterte, Philippine-China relations, Malacañang Palace, Cheloy Serafil, Xi, Pantaleon Alvarez, appeasement, Jonathan Malaya, territory, multi-domain future warfare, warfare, As the Philippines’ 'agency' in West Philippine Sea rises, so too does its infrastructure development

Intersectionality as the key to Indo-Pacific climate action

Written by Treesa Shaju and Dr Dhanasree Jayaram

Taking an intersectional approach to climate change recognises the interconnected and interwoven nature of social, economic, ecological, political, and cultural issues in the formulation of climate change policies and strategies.

Editor's Picks9DLMarch 18, 20249dashline, Intersectionality as the key to Indo-Pacific climate action, indo-pacific, climate action, ACCSAP, Q-CHAMP, differentiated vulnerabilities, differentiated capacities, discrimination, oppression, intersecting identities, minority rights, gender, indigenous rights, structural inequity, discriminatory practices, Gender Action Plan, UNFCCC, intra-gender disparities, ocean acidification, extreme weather, rising sea levels, freshwater scarcity, infrastructural vulnerabilities, systemic crisis, land ownership, resource distribution, decision-making power, natural resources, gender-segregated tasks, sustenance farming, water shortages, food shortages, domestic violence, gendered violence, LGBTQIA+, disabilities, vulnerable groups, marginalised communities, island nations, coastal inundation, saltwater intrusion, drought, desertification, climate resilience, Pacific Islands Forum, PIF, major emitters, emissions, Global North, climate finance, loss and damage, IORA, ASEAN Climate Resilience Network, agricultural adaptation, regional cooperation, multilateral cooperation, sustainability, gender inclusivity, CSW66, gender inclusion, SGBV, VAWG, GBV, DV, Quad HADR, invisibilisation, DRR, exclusionary patterns, indigenous communities, knowledge custodians, decision-making agency, sustainability solutions, gender responsiveness, Indonesia, RANAPI, Pacific Gender and Climate Change Toolkit

Beijing’s Taiwan policy after the island’s elections

Written by Dr Lin Gang

Despite the developmental gap between the two societies, Beijing believes its preferential policies towards newcomers from Taiwan, particularly the youth, are appealing and productive.

East Asia, Power Politics9DLMarch 15, 2024Beijing’s Taiwan policy after the island’s elections, 9DASHLINE, Dr. Lin Gang, Taiwan, Lai Ching-te, Democratic Progressive Party, Kuomintang, KMT, Hou Yu-ih, Taiwan People’s Party, Ko Wen-je, TPP, Beijing, Anti-Secession Law, Taiwan Strait, COVID-19

“Whatever it takes”? Securing the return of Japanese nationals abducted by North Korea

Written by Dr James Kaizuka

“Whatever it takes” ultimately means squaring the circle of North Korea’s likely demands with what the Japanese public is willing to accept as an offering to a dictatorship which may well use any inducement against it in the future.

Faultlines, East Asia9DLMarch 14, 2024“Whatever it takes”? Securing the return of Japanese nationals abducted by North Korea, Dr James Kaizuka, 9Dashline, Japan, North Korea, 2024 Noto Earthquake, South Korea, Yoon Suk-yeol, Kim Jong-un, Kishida Fumio, Japan North Korea Summit, Kim Jong-il, abductions, North Korea missile tests, North Korea Nuclear Weapons