Is the second round of the Great Moderation upon us? You will recall that this refers to the period from the mid-1980s to 2007, when the United States went through a period of low-volatility growth and low inflation. That period encompassed the longest period of economic expansion since the Second World War.
Almost exactly two years ago in this column I predicted that Rodrigo Duterte would gain the Philippines presidency. His sharp-shooting style captured the same zeitgeist that propelled Donald Trump to the top job in America, and he correctly judged the desire of Filipinos for a break with the technocratic, low-key incumbency of Noynoy Aquino.
There’s a breathless enthusiasm for renewable energy in India. And why not? The case is unimpeachable – both from India’s promises when it signed the COP21 Paris agreement on climate change two years ago and its need to reduce a gaping energy deficit.
I’m in Beijing as I write this, enjoying my first trip to a city which I had somehow managed to avoid for professional reasons - my full-time gig didn’t warrant a visit - until a freelance opportunity presented itself.