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August 15, 2024
 

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DEVELOPMENT

Workers at a factory in the town of Sriperumbudur, in the Indian state of Tamil Nadu, on Jan. 3. Prime Minister Narendra Modi has kept India on its swift upward path among the world’s largest economies. Many Indians are better off, though wealth gaps have widened.
WORLD / Politics
Apr 3, 2024
What 10 years of Modi rule has meant for India’s economy
The value of India’s stock market has tripled since the prime minister took office and its economy has almost doubled — but gains have been widely unequal.
Giant cut-outs of Indian Prime Minister Narendra Modi and other party leaders are positioned beside a road in the Indian state of Madhya Pradesh on Feb. 25.
ASIA PACIFIC
Mar 21, 2024
Hardships and broken promises no hindrance for Modi in India's rural north
If India's prime minister earns a third term in office, it will be in spite of the state of the rural and farming economy — not because of it.
Nigerian naira being counted in Lagos, Nigeria. Cash transfers offer a transformative solution to multidimensional poverty.
COMMENTARY / World
Mar 15, 2024
A global cash transfer fund could end extreme poverty
Cash transfers offer a transformative solution to multidimensional poverty, and are aided by improvements in internet and phone coverage.
The world needs to avoid the mistakes and pitfalls that go with providing debt relief and should craft sustainable solutions for financially distressed nations. 
COMMENTARY / World
Mar 1, 2024
Developing countries’ never-ending debt crisis
Creditors have a role in resolving debt crises. This means all eyes are on China, which is the single most important creditor for debt distress.
Farmers shout slogans as they burn an effigy of Prime Minister Narendra Modi and other ministers during a march toward New Delhi to push for better crop prices, at Shambhu Barrier, the border between Punjab and Haryana states, on Feb. 23.
WORLD / Politics
Feb 29, 2024
India's farmer protest fuels opposition hopes of denting Modi's appeal
India's beleaguered opposition parties have been searching for a narrative to counter the popular leader.
U.N. Secretary-General Antonio Guterres says the international community is currently experiencing "gridlock" and suffering "colossal global dysfunction.”
COMMENTARY / World
Feb 28, 2024
No one wins in a lose-lose world
Fragmentation of the world economy could derail growth, especially in low-income countries, turning zero-sum thinking into a self-fulfilling prophecy.
Western strategy in the Middle East has been a failure, leaving the region less stable than ever, exemplified by the conflict in Gaza.
COMMENTARY / World
Feb 2, 2024
Why 'the rest' are rejecting the West
Western strategy in the Middle East has been a failure, leaving the region less stable than ever.
Changes from the World Bank are part of broader reform efforts to expand the development lender's mission to tackle climate change and other global crises, and vastly enlarging its lending capacity.
BUSINESS / Economy
Feb 2, 2024
World Bank to offer access to emergency funds from existing loans
The move will offer nations hit by a hurricane, earthquake or pandemic a liquidity burst that could reduce hardship.
A decision by Mali, Burkina Faso and Niger to withdraw from the Economic Community of West African States (ECOWAS) could yet take time to implement, but if carried through, is set to disrupt the region's trade and services flows, worth nearly $150 billion a year.
WORLD / Politics
Feb 1, 2024
West Africa's 'Brexit' moment spells trouble for the region
The latest crisis highlights the growing rift between the Western-allied governments and military-run countries increasingly relying on Russia and China.
The rural economy has been hurt by a drop in the output of some key crops, such as wheat, in the past three years due to a rise in temperatures, patchy monsoon rains and falling reservoir levels.
ASIA PACIFIC
Feb 1, 2024
World-beating growth? Not for India's rural majority
For many in rural India, which is home to 60% of its 1.4 billion people, the country's so-called spectacular economic growth is nowhere in sight.
Given that developing countries’ domestic markets are much smaller than that of the U.S., liberal trade policies play a larger role in driving their economic growth.
COMMENTARY / World
Jan 31, 2024
Developing countries should reject American-style protectionism
America’s current industrial policy poses an existential threat to the multilateral trading system it worked so hard to build
Farmers dry coffee beans at the Thiririka farming cooperative in Kiambu County, Kenya, in November 2022.
COMMENTARY / World
Jan 15, 2024
Is it time for a coffee cartel?
If farmers in the developing world are prevented from getting their fair share from coffee production they should take matters into their own hands.
Chinese leader Xi Jinping attends the Shanghai Cooperation Organization summit in Bishkek, Kyrgyzstan, with other leaders in June 2019.
ASIA PACIFIC / Politics / ANALYSIS
Jan 10, 2024
Xi eyes Global South as China elevates ties with record number of nations
Beijing elevated the way it described ties with 17 countries and territories, most of them from the developing world.
The Yangshan Deepwater Port in Shanghai. China’s manufactured goods surplus relative to global gross domestic product is now around 2%, and an estimated 45% of China’s manufacturing output is being exported as the nation’s 1.4 billion people can’t buy enough goods such as electric vehicles, ships and household appliances to meet the increased supply.
BUSINESS / Economy
Jan 8, 2024
Xi Jinping’s solution for China’s economy risks triggering new trade war
Manufacturing focus sets up Beijing for renewed tensions with both developed countries and emerging economies pushing to reach the lower rungs of the industrialization.
A consumer market in New Delhi on Dec. 12, 2023. Long-term investment in India by businesses is stagnant, and foreign money is falling, even as the government is driving growth with infrastructure spending.
BUSINESS / Economy
Jan 2, 2024
India is chasing China’s economy. Something is holding it back.
While money is flying into India’s stock markets, long-term investment from overseas has been declining.
Prime Minister Fumio Kishida and Kenyan President William Ruto arrive at a joint news conference in Nairobi in May.
JAPAN
Jan 2, 2024
Japan to boost ties with Africa, with eye on China
Japan's shift in approach mirrors Africa's importance as "a significant voting bloc" of 50-plus countries that Tokyo can look to for support in international conferences.
A pollution pod designed to mimic the air quality in New Delhi sits during the United Nations Climate Change Conference (COP28) in Dubai on Tuesday
ENVIRONMENT / Climate change
Dec 13, 2023
Without fairness, fossil fuel phase-out flounders at COP28
Developing countries emphasized that they could not embark on the journey toward renewables in the absence of clear guarantees of international support.
Japanese civil engineering group Infroneer said it would buy Japan Wind Development from Bain Capital for about $1.4 billion.
BUSINESS / Companies
Dec 12, 2023
Japan's Infroneer to buy Japan Wind Development from Bain Capital
The $1.4 billion acquisition will expand the Japanese civil engineering group's renewable energy business.
What’s worrying from the stock market’s perspective is that the Reserve Bank of India is taking more direct steps to rein in debt-fueled consumption.
COMMENTARY / World
Dec 7, 2023
The world’s most-loved emerging market is feeling jittery
India's economic prosperity is primarily being attributed to a small elite class referred to as the "Octopus class."
A man talks on the phone during COP28 in Dubai on Monday.
BUSINESS
Dec 4, 2023
Japan, France back plan to boost climate lending with IMF reserves
Multilateral development banks say they can bolster climate finance in developing markets by leveraging the IMF's Special Drawing Rights.
Japan to revise consumption tax exemption for overseas tourists
Tourists walk through Nakamise shopping street near Sensoji Temple in Tokyo in April
Japan's tourism industry hit by cancellations after megaquake alert
A beach closed due to a megaquake alert in Hiratsuka, Kanagawa Prefecture, from Friday to Thursday.
Focus shifts to incoming typhoon as Tropical Storm Maria dissipates
Newly formed Tropical Storm Ampil, which is forecast to approach eastern Japan this weekend, is seen on the left side of this satellite image.
Kishida to step down in September in bid to show ‘LDP has changed’
Prime Minister Fumio Kishida speaks during a news conference Wednesday at the Prime Minister's Office in Tokyo.
Publisher finds surprise audience after translating history textbooks
Yamakawa Shuppansha president Takeshi Nozawa holds the publisher's textbook on Japanese history — used in high schools across Japan — alongside the new English version in Tokyo on May 23.
Economic security is about strengthening and sustaining growth, former minister says
Former economic security minister Takayuki Kobayashi says changes in the international balance of power, along with deepening economic interdependence, have led some countries to attempt to use their economic power to impose their will on others.
Ice bandanas, convenience store breaks: Running under Japan’s summer sun
Blistering heat is becoming a fixture of summer in Japan, but a few tweaks to your routine can make your outdoor runs bearable — if not enjoyable — until cooler temperatures return.
Japan issued its first-ever megaquake alert. What does that mean?
Naoshi Hirata (center), chairman of a committee tasked with evaluating the risk of a Nankai Trough earthquake, speaks at a news conference in Tokyo on Friday.
France brings down the curtain on its Olympic party with Tom Cruise and Leon Marchand
Fireworks are set off during the closing ceremony of the 2024 Paris Olympics at Stade de France in Saint-Denis on Sunday.
Japan fuels U.S. LNG boom even as climate targets and impacts loom
Flaring at the Cameron LNG export terminal in Hackberry, Louisiana. Flaring, a common sight at LNG plants, is a controlled burning of gas for reasons ranging from depressurizing equipment to disposing of gas that can’t be used. The practice is a "waste of money" and negatively impacts climate change and human health, says the International Energy Agency.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

Sociologist Gracia Liu-Farrer argues that even though immigration doesn't figure into Japan's autobiography, it is more of a self-perception than a reality.
In search of the ‘Japanese dream’
By Thu-Huong Ha

SUSTAINABLE JAPAN

Azabudai Hills, Tokyo’s green new downtown ‘village’
Azabudai Hills, Tokyo’s green new downtown ‘village’

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