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AI as Asia's new growth engine?
Oped, Lee Jong-wha, Published on 27/11/2025
» Two decades after globalisation fuelled a global economic boom, growth has shifted onto a more subdued path, where it is likely to remain for the foreseeable future. Beyond the immediate shock of fragmenting trade and investment ties -- a result of rising geopolitical tensions, particularly between the United States and China -- lie structural headwinds, including population ageing, stagnant productivity, and the growing costs of inequality and natural disaster. These challenges strike at the heart of Asia's growth model.
South Korea is facing a triple challenge
Oped, Lee Jong-wha, Published on 30/05/2025
» Few countries have transformed themselves as dramatically as South Korea has over the last half-century. A poor, authoritarian country with annual per capita income of less than US$400 (13,000 baht) has become a vibrant and prosperous democracy, with direct presidential elections, peaceful transfers of power, and a per capita income of more than $33,000.