China’s rise was powered by an export-led growth model reinforced by trade liberalisation, place-based and industrial policies, massive infrastructure investment, and a governance system that strongly incentivised local growth.
South Korea’s industrial transformation was driven by the mutually reinforcing promotion of technology adoption and exports – most notably through the Heavy and Chemical Industry Drive – which generated lasting gains in manufacturing and exports but ...
Vietnam’s economic transformation is one of the most dramatic in recent history. Economist and Advisor Pham Chi Lan saw it all and tells us how it happened.
Economic growth is vital, but how does it actually happen? In this episode, we discuss the importance of growth, get into the nitty gritty of growth policy, and preview our series on growth policy.
