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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. bildt109_JAAFAR ASHTIYEHAFP via Getty Images_israelpalestinewestbank Jaafar Ashtiyeh/AFP via Getty Images
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    Hell in the Holy Land

    Carl Bildt fears that the stage is set for another major violent conflict between Israelis and Palestinians.
  2. strain11_Chip SomodevillaGetty Images_fed Chip Somodevilla/Getty Images
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    The Fed Must Not Flinch

    Michael R. Strain urges the US central bank to continue raising interest rates, despite signs of financial-sector fragility.
  3. sheng135_Carl CourtGetty Images_maldivesclimatechange Carl Court/Getty Images
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    Reimagining Development

    Andrew Sheng & Xiao Geng argue that grassroots engagement and social enterprise are crucial to achieving countries' aspirations.
  4. goldberg22_ERIC BARADATAFP via Getty Images_world bank ERIC BARADAT/AFP via Getty Images
    1

    What the World Bank Can Do About Climate Change

    Pinelopi Koujianou Goldberg explains how the institution can maximize its contribution to the global net-zero agenda.
  5. GettyImages-1171447879
    3

    Richard Haass on Russia, Taiwan, and US democracy

    Richard Haass explains what caused the Ukraine war, urges the West to scrutinize its economic dependence on China, proposes ways to reverse the dangerous deterioration of democracy in America, and more.
  6. buiter45_Jabin BotsfordThe Washington Post via Getty Image_jeromepowell Jabin Botsford/The Washington Post via Getty Images
    8

    Price Stability vs. Financial Stability?

    Willem H. Buiter

    If the US Federal Reserve raises its policy interest rate by as much as is necessary to rein in inflation, it will most likely further depress the market value of the long-duration securities parked on many banks' balance sheets. So be it.

     thinks central banks can achieve both, despite the occurrence of a liquidity crisis amid high inflation.
  7. frankel145_ Richard Baker In Pictures via Getty Images_exchangerates Richard Baker/In Pictures via Getty Images
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    Fifty Years of Floating Currencies

    Jeffrey Frankel

    The half-century since the official demise of the Bretton Woods system of fixed exchange rates has shown the benefits of what replaced it. While some may feel nostalgic for the postwar monetary system, its collapse was inevitable, and what looked like failure has given rise to a remarkably resilient regime.

     explains why the shift toward exchange-rate flexibility after 1973 was not a policy failure, as many believed.
  8. harrington34_Drew AngererGetty Images_avril haines Drew Angerer/Getty Images
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    What Do America’s Spies Really Think About China?

    Kent Harrington thinks the intelligence community’s annual threat assessment should have delved deeper on the issue.
  9. grafton2_ SIMON MAINAAFP via Getty Images_water SIMON MAINA/AFP via Getty Images
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    Waking Up to the World’s Water Crisis

    Quentin Grafton, et al. see three overarching priorities for the first global water conference in almost a half-century.

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