Ranking Asia-Pacific’s finance ministers is designed to provide moral support to the success stories and to give a nudge to those who could do better, or at least prompt discussion among their constituency.
Finance ministers are responsible for government finances, fiscal policy and in some cases financial regulation.
The sheer variety of the office’s power, prestige and responsibilities across the region render ineffective a quantitative approach. Instead the FinanceAsia team of journalists relied on good old-fashioned opinion.
With the help of many analysts, investors and bankers, whom we kept anonymous, our team weighed each minister’s contribution to the budget and fiscal policy use...