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

Fracking, China, Immigration

"Econ 102" with Noah Smith and Erik Torenberg

NOTE

Neglect Leads to Decay

Buildings and infrastructure in Taiwan and Hong Kong from the 70s and 80s have deteriorated significantly, highlighting the consequences of insufficient investment in maintenance and refurbishment. In contrast, Japan's commitment to renovating or replacing aging structures serves as a model for avoiding such decay. Without substantial financial commitment to upkeep and modernization, China may similarly face a decline in its urban environments.

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