Image: Wikimedia Commons/Brandon Lim/CC by-sa 2.0
Asia’s Economic Miracle Has Peaked -- William T. Wilson, National Interest
Demographic trends, faltering exports, slowing growth in China and a credit bubble all suggest a new reality for Asia.
Unlike working-age individuals, the young and old tend to consume more output than they generate. As a consequence, the value of output per capita tends to be boosted when the population of working-age individuals is relatively large and tends to be depressed when a relatively large part of the population consists of young and elderly dependents.
Developing countries with demographics trending toward more working-age citizens have a unique chance to convert this “demographic dividend” into higher growth. Unfortunately, this demographic shift creates only one window of opportunity. Low fertility rates eventually lead to a rising proportion of older people, raising the dependency ratio as the working population goes from caring for children to caring for parents and grandparents.
Read more ....
Commentaries, Analysis, And Editorials -- November 10, 2014
4 stories to watch at the APEC Summit in Beijing -- Ishaan Tharoor, Washington Post
China is no refuge from Obama’s woes -- Edward Luce, Financial Times
Japan's Abe and China's Xi finally shake hands. Starting point? -- Peter Ford, CSM
G20: An exclusive group of economies that keeps world spinning -- Dennis Shanahan, The Australian
In the UAE, the United States has a quiet, potent ally nicknamed ‘Little Sparta’ -- Rajiv Chandrasekaran, Washington Post
Obama’s bet on Iran -- Jackson Diehl, Washington Post
ISIS gaining followers but losing leaders? -- CBS/AP
How a Libyan city joined the Islamic State group -- Maggie Michael, Stars and Stripes/Associated Press
Israeli-Palestinian violence stokes fear Jerusalem crisis is spreading -- Ben Lynfield, CSM
A New Intifada? Israel’s Arab Citizen Uprising Spreads -- Creede Newton, Daily Beast
Why Northern Ireland's 'Peace Walls' Show No Signs Of Following Berlin's Example -- Jack Sommers, Huffington Post
Analysis - Security framework eyed as way out of Ukraine crisis -- Paul Taylor, Reuters
Russia and Ukraine: Not the Military Balance You Think -- Dmitry Gorenburg, War On The Rocks
Mexico’s Barbarous Tragedy -- Enrique Krauze, NYT
Missing Mexico students: Who is responsible? -- Inside Story/Al Jazeera
A look at the worst-ever Ebola epidemic by numbers -- Maria Cheng, AP
No comments:
Post a Comment