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Asia's Economic Miracle: Dead and Buried?

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Did robots kill of one of the greatest economic success stories ever? You make the call...

Julian Snelder

East Asia's path to industrial success is well-trodden, first by Japan, then the four tigers and now China. It combines Soviet-style financial repression and urban industrialization with a mercantilist focus on exports and protecting home champions. Buy local, sell global. This is the formula for How Asia Works. Can South, Central and Southeast Asian nations follow the East Asian convoy?

John Lee at the Hudson Institute has his doubts, citing two awkward realities that face latecomers and laggards.


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