Showing 1 - 4 of 4
How Asia can tackle US trade wars
News, Lee Jong-wha, Published on 02/04/2018
» Over the past five decades or so, Asia's economies have relied largely on an export-oriented development model to support rapid economic transformation and growth. But with US President Donald Trump fulfilling his promise to adopt a more protectionist approach to trade -- an effort that could spur retaliatory measures by other countries -- that model is coming under increasing strain.
The struggle to make more babies
News, Lee Jong-wha, Published on 26/09/2016
» South Korea is facing major demographic challenges. The total fertility rate (the number of children per woman), at 1.24, is one of the lowest in the world, and well below the level -- 2.1 children per woman -- needed to sustain a population without immigration. As a result, the population is aging fast, and the government, despite its best efforts, seems to have no answer.
Closing Asia's Emerging Skills Gap
Business, Lee Jong-wha, Published on 18/01/2016
» Asia is facing a human-capital challenge. Over the last three decades, significant gains in workforce size and quality helped Asia to become a hub of global supply chains -- and thus to sustain rapid progress towards advanced-economy income levels and living standards. But with workers increasingly unable to meet the demands of the labour market, the region's remarkable development success could be derailed.
Greece should take comfort from Asia's recovery
News, Lee Jong-wha, Published on 18/07/2015
» Asian countries have been watching the Greek crisis unfold with a mixture of envy and schadenfreude. When they experienced their own financial crisis in 1997, they received far less aid, with far harsher conditions. But their recovery was also stronger, suggesting that ever-growing bailouts may not be the best prescription for recovery.