Professor of Economics, Korea University
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Is Pax Sinica possible?
China’s ambitions for modernisation and global leadership by face enormous internal and external challenges. Economist Lee Jong-Wha asks, what will it take for leader Xi Jinping to achieve the dream of a Pax Sinica?
The Perils of Big COVID Government in Asia
Asia is home to many exemplars of small but effective government, countries where sound policies and strong institutions underpin economic stability and robust growth. But, as former Chief Economist at the Asian Development Bank Lee Jong-Wha writes, during the COVID-19 crisis, many are pursuing expansive macroeconomic interventions and implementing measures that infringe on privacy. They are perched on the edge of a slippery slope.