THE INTERNATIONAL ECONOMY: IS THE WORLD STILL AT RISK OF THE “JAPAN DISEASE” ?

KISHORE MAHBUBANI WRITES — No one knows what the post–Covid-19 world will look like. But we know it will be very different. Many countries are likely to suffer from low growth and high debt, the “Japanese disease.” Poor developing countries will certainly suffer from this condition. Yet for developed economies, the…

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BANGLADESH: Asia Foundation Study Raises Key Issue for Development

Despite Bangladesh’s relatively weak international recognition as a major garment manufacturer and exporter, it is in fact one of the world’s largest garment manufacturers, being only second to China. As a result, Bangladesh’s economy has been consistently improving. The economic growth, however, has come with many sacrifices and hardships for…

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