Asia Pacific
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Pakistan’s government is facing numerous challenges to its authority, not least from public anger over everything from growing lawlessness to the state’s perceived failure to disburse aid following the summer’s floods.
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The devastating flood has thrown into sharp relief the failures of the country's tax collection system
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The global monetary system is fast approaching a breaking point without urgent policy action on currency imbalances, George Soros told Emerging Markets yesterday in an exclusive interview
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Thailand finance minister Korn Chatikavanij has added to speculation that the country is moving to impose capital controls, but promised in an interview with EM that there will be no “nasty surprises” for investors
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Afghanistan must root out corruption and bolster its institutions or risk falling prey to the resource curse, a top economist has said
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US pressures on emerging powers to impose sanctions are failing to win over
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Rising food prices, a sky-high fiscal deficit and a yawning current account temper the euphoria over India’s rise
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China must hike interest rates and appreciate its currency to combat asset bubbles and boost household consumption, a member of the Chinese central bank’s monetary policy committee has said
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Governments and regulators must step up efforts to thrash out universal rules for dealing with systemically important banks—or face the risk of future global crisis—Liu Mingkang, China’s chief banking regulator has warned
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The IMF is courting Asia in its bid to manage a chunk of the region’s foreign exchange reserves