Showing 1 - 7 of 7
Education in the age of automation
Asia focus, Lee Jong-wha, Published on 24/09/2018
» As digital technologies and automation have advanced, fears about workers' futures have increased. But the end result does not have to be negative. The key is education.
Can Moon's J-nomics save South Korea's economy?
News, Lee Jong-wha, Published on 22/05/2017
» South Korea's new president, Moon Jae-in, a former human-rights lawyer representing the centre-left Democratic Party, has his work cut out for him. Though North Korea's increasingly provocative behaviour will likely continue to dominate headlines, the success of Mr Moon's presidency will hinge largely upon his economic policies.
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.
How slow will China go? Its neighbours offer valuable clues
Business, Lee Jong-wha, Published on 25/07/2016
» China's economic performance over the last few decades has been outstanding. Despite possessing very different institutions than those seen in the advanced economies, no doubt a result of its communist system, China managed to achieve 8.7% average annual per capita GDP growth from 1980 to 2015. The key has been its unique strategy of "crossing the river by feeling the stones," whereby it has gradually tested, implemented, and adjusted reforms and growth-enhancing policies.
Maintaining the Emerging Economy Growth Engine
Business, Lee Jong-wha, Published on 21/03/2016
» The world's emerging economies seem to be losing their dynamism. Countries that only a few years ago were being hailed for their resilience in the face of a global economic meltdown are now facing myriad challenges, reflected in significantly slower GDP growth. Is the emerging economy growth engine breaking down?
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.