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  • News & article

    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.

  • News & article

    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.

  • News & article

    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?

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