Hosted by Dr. Dick Drobnick - Produced by Dan Griffin
75 episodes
1 week ago
In this episode of the Asia Pacific Business Forum Podcast, we speak with Peter Drysdale, Emeritus Professor of Economics at The Australian National University, a leading authority on Asia-Pacific economic integration, and an intellectual architect of APEC, the Asia-Pacific Economic Cooperation organization whose leaders met in South Korea three days after our conversation.
Peter discusses the increasing tension between President Trump’s “coercive power” bilateral approach and the rules-based, multilateral system of “cooperative regionalism,” which has been a key to
the remarkable economic successes of Asian economies—what he describes as a growing “struggle between two conceptions of the world.”
In response to American pressures, leaders of RCEP—the Regional Comprehensive Economic Partnership, comprising the ASEAN nations plus Australia, China, Japan, Korea, and New Zealand—who met in Kuala Lumpur on the day prior to our conversation, vowed to accelerate their commitments for greater economic integration, seeking to “de-risk” their economies from the United States. As Peter notes, this will accelerate the integration of RCEP member economies with China.
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In this episode of the Asia Pacific Business Forum Podcast, we speak with Peter Drysdale, Emeritus Professor of Economics at The Australian National University, a leading authority on Asia-Pacific economic integration, and an intellectual architect of APEC, the Asia-Pacific Economic Cooperation organization whose leaders met in South Korea three days after our conversation.
Peter discusses the increasing tension between President Trump’s “coercive power” bilateral approach and the rules-based, multilateral system of “cooperative regionalism,” which has been a key to
the remarkable economic successes of Asian economies—what he describes as a growing “struggle between two conceptions of the world.”
In response to American pressures, leaders of RCEP—the Regional Comprehensive Economic Partnership, comprising the ASEAN nations plus Australia, China, Japan, Korea, and New Zealand—who met in Kuala Lumpur on the day prior to our conversation, vowed to accelerate their commitments for greater economic integration, seeking to “de-risk” their economies from the United States. As Peter notes, this will accelerate the integration of RCEP member economies with China.
Pandemic: “Globalization will become regionalization.” - Narongchai Akaransee Ph.D. - Thailand
Asia Pacific Business Forum Podcast
19 minutes 59 seconds
5 years ago
Pandemic: “Globalization will become regionalization.” - Narongchai Akaransee Ph.D. - Thailand
In this episode of #BusinessClass, we look at how the #Covid-19 pandemic is affecting the ASEAN nations, particularly #Thailand. We turn to #Dr.NarongchaiAkaransee, a former Thai government minister with extensive business knowledge.
Dr. Narongchai explains Thailand’s successful approach to control of the Covid-19 virus. In comparing the government’s reaction to the #CovidCrisis vs. the 2008 financial crisis, he explains how the Thai government decided to distribute wages to 20 million people for three months because, “This time they lost their job because of a government order.”
In conversation with #USC’s #DickDrobnick, the two explore the economic effects of the virus coupled with strong governmental controls, “Big control. Very big impact.” They also discuss how Thailand’s bond market and major economic sectors are faring. Dr. Narongchai notes that the virus will hinder economic growth for both auto parts and tourism, “We have been relying so much on #tourism. Last year, tourists arrivals were 40 million.”
Dr. Narongchai Akaransee Ph.D, is the Chairman of MFC Asset Management Public Co, Chairman of Ananda Group, Chairman of #Seranee Group, and Board Member of AIA Group. Dr. Narongchai has served as Thailand’s Minister of Energy and Minister of Commerce, Director of National Economic and Social Development Board, and as a Member of Monetary Policy Committee of the #BankofThailand.
Interview recorded on April 30, 2020
To maintain social distancing the interview was recorded via the web.
Interview by Dick Drobnick, Director – #USCIBEARMBA Program
Asia Pacific Business Forum Podcast
In this episode of the Asia Pacific Business Forum Podcast, we speak with Peter Drysdale, Emeritus Professor of Economics at The Australian National University, a leading authority on Asia-Pacific economic integration, and an intellectual architect of APEC, the Asia-Pacific Economic Cooperation organization whose leaders met in South Korea three days after our conversation.
Peter discusses the increasing tension between President Trump’s “coercive power” bilateral approach and the rules-based, multilateral system of “cooperative regionalism,” which has been a key to
the remarkable economic successes of Asian economies—what he describes as a growing “struggle between two conceptions of the world.”
In response to American pressures, leaders of RCEP—the Regional Comprehensive Economic Partnership, comprising the ASEAN nations plus Australia, China, Japan, Korea, and New Zealand—who met in Kuala Lumpur on the day prior to our conversation, vowed to accelerate their commitments for greater economic integration, seeking to “de-risk” their economies from the United States. As Peter notes, this will accelerate the integration of RCEP member economies with China.
