‘Bidenomics’ will be a net plus for Asia

Not Obama 2.0: A Biden administration will tilt further to the left, being more fiscally expansionary, pro-regulation and more vigilant and pro-active in the area of trade policy. — AFP

ANALYSTS have started putting out reports on “Bidenomics” and with good reason. Judging from the opinion polls, there’s a fair chance – though it’s by no means certain – that Democratic candidate Joe Biden will win the US presidential election on Nov 3.

So it’s worth speculating on what Bidenomics will be about and its possible impact on Asia, which could be far-reaching.