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BUSINESS

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.

BUSINESS

Human capital development lessons from East Asia

Asia focus, Lee Jong-wha, Published on 18/02/2019

» Nelson Mandela once said, "Education is the most powerful weapon which you can use to change the world." Education does not just enable individuals to improve their lot in life; it enriches an economy's human capital, which is vital to prosperity and social progress.

BUSINESS

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.