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Lee Jong-Wha

Lee Jong-Wha

Writing for PS since 2012
53 commentaries

Lee Jong-Wha, Professor of Economics at Korea University, was chief economist at the Asian Development Bank and a senior adviser for international economic affairs to former South Korean President Lee Myung-bak.

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  1. Is Pax Sinica Possible?
    lee53_Kevin FrayerGetty Images_chinadreampoverty Kevin Frayer/Getty Images

    Is Pax Sinica Possible?

    Jul 30, 2021 Lee Jong-Wha assesses the challenges China will have to overcome if it is to become a truly global power.

  2. South Korea’s Health-Centered Development Model
    lee51_Getty Images_southkoreacovid Getty Images

    South Korea’s Health-Centered Development Model

    Jun 29, 2021 Lee Jong-Wha argues that the country’s universal-coverage system provides a roadmap for today’s developing economies.

  3. Building an Inclusive Digital Future
    lee52_digital inclusion

    Building an Inclusive Digital Future

    Jun 8, 2021 Lee Jong-Wha thinks policymakers should already be working to expand access to technology and the requisite know-how.

  4. Is the Asian Century Really Here?
    lee50_Lintao ZhangGetty Images_china crowd Lintao Zhang/Getty Images

    Is the Asian Century Really Here?

    Apr 1, 2021 Lee Jong-Wha thinks the region will fail to achieve global dominance without unified, collective leadership.

  5. Will East Asia Win the Pandemic?
    lee49_Jung Yeon-Je contributor_seoul stock market JUNG YEON-JE / Contributor

    Will East Asia Win the Pandemic?

    Feb 3, 2021 Lee Jong-Wha identifies several risks to the region's economic recovery, starting with the coronavirus itself.

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  1. sierakowski91_Omar MarquesGetty Images_ukrainian refugees Omar Marques/Getty Images
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    Resentment on the Western Front

    Sławomir Sierakowski thinks the Polish public needs a more open and honest conversation about refugees before resentment spirals.
  2. vives17_ Leon NealGetty Images_ftx Leon Neal/Getty Images
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    Crypto’s Well-Worn Path to Crisis

    Xavier Vives writes that, despite the novelty of the assets, the narrative of FTX’s collapse was established long ago.
  3. roubini171_Spencer PlattGetty Images_recession looming Spencer Platt/Getty Images
    7

    The Unavoidable Crash

    Nouriel Roubini anticipates a stagflationary debt crisis, owing to a dangerous combination of inflation and over-borrowing.
  4. nye236_SAUL LOEBAFP via Getty Images_biden xi SAUL LOEB/AFP via Getty Images
    1

    War Over Taiwan?

    Joseph S. Nye, Jr. considers whether a deterrence arrangement that has worked for 50 years is still sufficient.
  5. op_livingston1_Anna MoneymakerGetty Images_fed Anna Moneymaker/Getty Images
    2

    The Contested Fed

    James Livingston

    By all accounts, central banks – particularly the Fed, because the dollar is still the world’s dominant currency – already act as investment authorities. But their recent bailouts have exacerbated economic inequality, and have done little or nothing to address climate change.

     reviews three books that, each in its own way, reveal a central truth about the world’s leading central bank.
  6. pisaniferry140_Sean GallupGetty Images_cop27 Sean GallupGetty Images
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    The Economics of Mainstreaming Climate Action

    Jean Pisani-Ferry & Selma Mahfouz identify the risks and short-term costs associated with the energy transition over the next decade.
  7. haldar15_ Tayfun CoskunAnadolu Agency via Getty Images_twitter Tayfun Coskun/Anadolu Agency via Getty Images
    2

    Killing Twitter

    Antara Haldar explains what Elon Musk fundamentally misunderstands about the platform – and about free speech.
  8. emmott41_musk
    2

    The Napoleons of Big Tech

    Bill Emmott

    Recent events in the technology sector suggest that investors and lenders should be demanding a premium to cover the risk that a star entrepreneur will become an egomaniacal dictator. With each business cycle, it seems, old lessons must be relearned.

     sees in the industry’s harsh reckoning this year lessons that apparently can’t be learned often enough.
  9. BP - ftx NurPhoto / Contributor via Getty Images
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    The Crypto Emperor’s New Clothes

    The collapse of several crypto platforms this year – including the spectacular crash of the second-largest cryptocurrency exchange, FTX – has raised fundamental questions about the credibility of a digital innovation once hailed as the key to democratizing finance. Has crypto finally been exposed as a scam, or will a new, stronger crypto industry emerge from the current turmoil?

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