Comparing Economic Strategies in Japan, China, and Korea

The chapter provides a detailed comparison of economic strategies and challenges in Japan, China, and Korea, including discussions on real estate bust management, demographic issues, and corporate revitalization efforts in Japan. It also explores the rivalry between Japan and Korea, their current collaborative relationship, and the economic difficulties faced by South Korea such as low fertility rates and excessive work culture.

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This week on Upstream, we're releasing an episode from Erik's podcast with Noah Smith, Econ 102. Noah breaks down the economies of the USA, China, Japan, Russia, India, Korea, and more. Access global engineering without the headache and at a fraction of the cost: head to https://choosesquad.com and mention “Turpentine” to skip the waitlist.

For more like this, watch part 2 on Econ 102:

Spotify: https://open.spotify.com/episode/52nuQvRmuTT7S6ilJoXDYr?si=bf6722824bd64bcf

Apple: https://podcasts.apple.com/us/podcast/analyzing-economies-england-france-germany-poland-turkey/id1696419056?i=1000650616668

This show is produced by Turpentine: a network of podcasts, newsletters, and more, covering technology, business, and culture — all from the perspective of industry insiders and experts. We’re launching new shows every week, and we’re looking for industry-leading sponsors — if you think that might be you and your company, email us at erik@turpentine.co.

RECOMMENDED PODCAST:

The AI Daily Brief If you’re looking for an edge to stay up to date on everything AI, subscribe to Nathaniel Whittemore's AI Daily Brief which delivers tight episodes covering all things AI from legislation to new technologies to the philosophical debates around generalized intelligence.

Spotify: https://open.spotify.com/show/7gKwwMLFLc6RmjmRpbMtEO

Apple: https://podcasts.apple.com/us/podcast/the-ai-daily-brief-formerly-the-ai-breakdown/id1680633614

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💥 Access global engineering without the headache and at a fraction of the cost: head to https://choosesquad.com and mention “Turpentine” to skip the waitlist.

Recommended Podcast: Company Breakdowns

Each episode of Company Breakdowns dives into S-1s and series B-and-beyond companies, interviewing founders and investors to break down the companies. First episode is on Rubrik - which just IPO'd. Coming up this season: Databricks, Reddit + more,

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TIMESTAMPS:

(00:00) Intro

(01:33) U.S. Economy: Trends and Concerns

(08:31) Transition to China Economy: Massive Property Bust

(15:58) Sponsor: beehiiv | Squad

(22:06) Segue to Japan Economy: Key Hub of the Electronics Manufacturing

(30:41) Korea Economic Struggles

(33:35) South Korea's Technological Capabilities and International Relations

(34:44) Exploring Taiwan's Economy and Challenges

(36:52) Indonesia's Manufacturing Shift