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AI, Software, and White-Collar Jobs
"Econ 102" with Noah Smith and Erik Torenberg
Invest in Emerging Markets for Growth
Economic development in poor countries, particularly in South and Southeast Asia, is underrated despite its potential for growth. The belief that investing in poor nations will lead to wealth has diminished, largely due to the outflow of capital from China. However, the focus should shift to emerging markets like India, Indonesia, Vietnam, and the Philippines, where significant opportunities for investment and economic expansion lie ahead. Ignoring these regions could lead to missed chances for substantial economic returns.
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