East Asia Needs A New Growth Formula
The export-dependent development model that fueled Asia’s economic rise is nearing its end.

The East Asian economic model is running out of steam. Demographics and slowing growth in world trade will force Asia’s developing countries to rely more on internal demand instead of the outward-oriented policies that made their neighbors rich. That will mean slower growth and prolonged regional inequality. Tiếp tục đọc “The export-dependent development model that fueled Asia’s economic rise is nearing its end”