Tag

Global economy

Tariffs: Why Trump doesn't understand "game theory"

Tariffs are supposed to enforce advantages, but in terms of game theory, they often lead to both sides losing in the end. Trump's strategy towards China triggers a classic “prisoner's dilemma” that damages the global economy and undermines rules such as those of the WTO.

By Koichi Hamada

Geopolitics: ASEAN’s moment of truth

Southeast Asia is at a turning point: For decades, integration into global trade was the driving force behind growth and development. Today, it makes the region vulnerable – to trade wars, sanctions and geopolitical power games.

By Tan Sri Rebecca Fatimah Sta Maria and Mari Elka Pangestu