To avoid Latin America-style political crises, East Asian governments must ensure that their economic policies support equitable growth.
For Jong-wha Lee's latest contributions to The Japan Times, see below:
China's future is anything but predetermined. With the right approach, it can manage a smooth transition from middle- to high-income status.
Governments across Asia must devise ways to transform their education and training systems, so that workers acquire the skills they need to boost economic growth and productivity.
South Korea's economy has grown by leaps and bounds, like Japan's once did, but now it risks falling into the same kind of malaise as well.
MANILA — The latest economic indicators from the world's advanced economies remain mixed. There are some signs of stabilization — industrial output and consumer spending are, for example, falling much more slowly than they were, but stabilization does not mean imminent recovery. A decline ...
MANILA — Today's global economic crisis is the worst since the Great Depression, and developing Asia is being hit much harder than initially thought. It's now time — in fact it is an opportunity — to rebalance our recent rapid economic growth to help ...