How do LNG subsidies affect public spending?
If subsidies continue to grow exponentially, the government may be forced to reallocate funds or resources from other economic activities or turn to borrowing funds.
If subsidies continue to grow exponentially, the government may be forced to reallocate funds or resources from other economic activities or turn to borrowing funds.
Regional development policies based on an integrated planning approach should aim to curtail the negative consequences of urban agglomeration and uneven growth.
The government should strengthen support steps to deal with shock from higher utility bills.
China is no stranger to sudden major policy reversals such as the one on Covid-19. Pragmatism and party legitimacy are key drivers for the sudden changes.
For a functional democracy, we need both elected political masters and non-elected public servants, says the writer.
During Abe’s tenure Japan revamped its military doctrine and significantly increased defence expenditure.
The energy transmission infrastructure needs to be treated with more seriousness and its weaknesses removed as a matter of national priority.
A shrinking workforce amid a rapidly ageing population will call for radical policy reforms that will only get harder.
The government should not give a wrong impression that it’s time to lower our guard, reminding people of the fact that a mix of basic hygiene practices, vaccination and masking…
Thanks to the continued efforts, there are signs that people are steadily getting back to a normal life.