12min chapter

"Econ 102" with Noah Smith and Erik Torenberg cover image

Explaining Kamala’s VP Pick, the US Economy, Venezuela’s Fall and China’s Rise

"Econ 102" with Noah Smith and Erik Torenberg

CHAPTER

East Asia's Economic Journey

This chapter examines the economic growth of East Asian countries, focusing on the debate between productivity catch-up and capital investment. It highlights the role of cultural and technological exchanges, particularly between Korea and Japan, and contrasts China's current strategies with America's historical practices. Additionally, it analyzes the relationship between governance models and economic success, using China and Singapore as primary examples of differing growth trajectories.

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