Capitalism and Global Trends

Dependence in PNG: Result of Truncated Capitalism?

In 1985, Donald Denoon asked whether capitalism in Papua New Guinea (PNG) had produced development or…
PNG’s September 2025 Monetary Policy: Signs of Structural Change

For PNG’s 2025 September Monetary Policy Statement (MPS), Kina Facility Rate (KFR) was lifted from 4.0%…
PNG’s Two Speed Economy in 2025

Up till Mid of 2025, PNG’s economy shows two very different stories. Sales and jobs are…
Vanuatu Resets Its Budget Priorities in 2025

With just five years remaining before the 2030 deadline for The People’s Plan, Vanuatu resets its…
The Rise of Useless Class in 21st Century?

Yuval Noah Harari has built a global reputation by exploring humanity’s trajectory through sweeping, interdisciplinary narratives.…
Fiji’s 2025–26 Budget: A Conscious Shift Towards Stimulus

In June, Finance Minister Biman Prasad tabled Fiji’s 2025–26 National Budget. The budget marks a strategic…
Bad ideas don’t die on their own

In his thought-provoking book, Zombie Economics: How Dead Ideas Still Walk Among Us, Australian economist John…
Vanuatu’s fragile recovery in 2024

In 2024, Vanuatu’s economy mounted a cautious recovery after enduring the triple blow of Cyclones Judy,…
The Kite Runner and the Burden of Redemption

Khaled Hosseini’s The Kite Runner (2003) is often described as a novel of friendship, betrayal, and…
Crack-Up Capitalism: What happens when markets break free from democracy?

In Crack-Up Capitalism, historian Quinn Slobodian offers a compelling yet sobering analysis of a global trend…