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How to prevent economic Japanification
Asia focus, Lee Jong-wha, Published on 10/02/2020
» At the annual meeting of the American Economic Association last month, eminent economists warned that Western economies risked "Japanification": a future of sluggish growth, low inflation and perpetually low interest rates. Surprising as it may seem, this malaise also threatens East Asia.
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.