Showing 1 - 2 of 2
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.
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.