The dismal decade (Part 4: The economic race: Can China catch US by 2030)

The dismal decade (Part 4: The economic race: Can China catch US by 2030) Phuah Eng Chye (30 March 2024) Where it once appeared inevitable, it is no longer a certainty that China will be able to overtake the US as the world’s largest economy (in nominal terms) in 2030. Most agree China’s peak real … “The dismal decade (Part 4: The economic race: Can China catch US by 2030)”

Read More

The dismal decade (Part 3: The economic race: How US is faring)

The dismal decade (Part 3: The economic race: How US is faring) Phuah Eng Chye (24 February 2024) China is considered Pax America’s most formidable challenger ever. A US House of Representative report[1] points out “the CCP’s economic ambitions have taken a severe toll on American workers and companies: In 1978, when the PRC began … “The dismal decade (Part 3: The economic race: How US is faring)”

Read More

The dismal decade (Part 2: Adversarial monetary policies)

The dismal decade (Part 2: Adversarial monetary policies) Phuah Eng Chye (27 January 2024) Throughout its hegemonic reign, the USD faced off currency challengers such as sterling, yen and euro which were unable to maintain their economic rankings. With the rise of China, for the first time the US faces a challenger with a population … “The dismal decade (Part 2: Adversarial monetary policies)”

Read More

The dismal decade (Part 1: De-dollarisation and currency landscape in 2030)

The dismal decade (Part 1: De-dollarisation and currency landscape in 2030) Phuah Eng Chye (9 December 2023) I will be concluding my blog series soon and the remaining articles will summarise my views on key economic challenges for this decade. This decade is already proving epochal: The US-China decoupling, the end of the Goldilocks economic … “The dismal decade (Part 1: De-dollarisation and currency landscape in 2030)”

Read More

Transition to the information society (Part 5: Only governments can solve today’s problems but can they?)

Transition to the information society (Part 5: Only governments can solve today’s problems but can they?) Phuah Eng Chye (11 November 2023) In the 1990s, governments took a backseat to unleash the private sector and markets to drive economic growth. Technology-driven innovations upended legacy industrial society models and deepened informationalisation, financialisation and globalisation. Governments papered … “Transition to the information society (Part 5: Only governments can solve today’s problems but can they?)”

Read More

Transition to the information society (Part 4: Citizens as data)

Transition to the information society (Part 4: Citizens as data) Phuah Eng Chye (14 October 2023) Digitalisation and datafication are inevitable aspects of the transition to an information society. Digitalisation is underpinned by expanding connectivity across networks, platforms, IOT, devices and supported by big data, cloud computing and AI in farms, factories, services, logistics, finance … “Transition to the information society (Part 4: Citizens as data)”

Read More