Ramkishen S. Rajan
Ramkishen S. Rajan
Ramkishen S. Rajan is Yong Pung How Professor at the Lee Kuan Yew School of Public Policy, National University of Singapore. Over the last two decades, he has held academic appointments in various universities including ESSEC Business School, Singapore; George Mason University, US; and University of Adelaide, Australia.

The US leads a group of major economies now determined to break China’s grip on resources vital to a green transition. While efforts to diversify the supply chain are understandable, without cooperation, the battle for control may lead to unfair and unsustainable practices.

Beyond concerns about sharp exchange-rate gyrations, there is growing recognition that the shock-absorbing powers of exchange rates are highly limited when the dollar is the invoicing currency.

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Asian bond markets have grown massively since the 1997 currency crisis but remain dominated by government bonds and, while attracting huge foreign investor interest, also create capital flight vulnerabilities