The Cruel Arithmetic of Income Convergence in East Asia

“The Cruel Arithmetic of Income Convergence in East Asia,” a blog

I ask whether the Asian Miracle is continuing; whether following the model of South Korea and Singapore can the other countries in East Asia significantly raise their standards of living. The answer is that, based on recent trends, even given another generation, most countries will not achieve the standard of living of Japan.

The blog is hosted by the American Committee on Asian Economic Studies (ACAES)