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)”
Tag: GEW
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)”
The Great Economic War (GEW) (Part 14: The middle game –Instability and reset of world order and global governance)
The Great Economic War (GEW) (Part 14: The middle game –Instability and reset of world order and global governance) Phuah Eng Chye (11 February 2022) The Russian invasion of Ukraine signalled a transition in the great power conflict from the opening phase into the middle game. The opening phase was characterised by preparatory and choreographed … “The Great Economic War (GEW) (Part 14: The middle game –Instability and reset of world order and global governance)“
The Great Economic War (GEW) (Part 13: Mapping geopolitical alliances)
The Great Economic War (GEW) (Part 13: Mapping geopolitical alliances) Phuah Eng Chye (14 January 2022) Changes in the geopolitical map are driven by structural forces. Sergey Glazyev thinks “we are now experiencing a simultaneous change in the technological and world economic structures, while the technological basis of the economy is changing, there is a … “The Great Economic War (GEW) (Part 13: Mapping geopolitical alliances)“
The Great Economic War (GEW) (Part 12: Geopolitical Go)
The Great Economic War (GEW) (Part 12: Geopolitical Go) Phuah Eng Chye (31 December 2022) Though US and China are the two main players, it is an error to frame the GEW as a Cold War or Thucydides Trap. The US, as the reigning hegemon, is naturally interested in maintaining status quo and finds it … “The Great Economic War (GEW) (Part 12: Geopolitical Go)“
The Great Economic War (GEW) (Part 11: Differences between Cold War 1.0 and 2.0)
The Great Economic War (GEW) (Part 11: Differences between Cold War 1.0 and 2.0) Phuah Eng Chye (17 December 2022) Many think a new Cold War has begun. On surface, the familiar cast of players and geographical boundaries seems to justify the comparison. US and Europe on one side, Russia and China on the other. … “The Great Economic War (GEW) (Part 11: Differences between Cold War 1.0 and 2.0)“