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The Death of Development in Asia

The Death of Development in Asia

2013 August

Over the last three decades the global political economy has undergone a massive shift that has fundamentally changed the ways in which nation states work, companies operate, and how wealth is distributed and people live.The East Asian development was labelled Asia’s “mirracle economies” before. But now, Asia is left with a form of development characterized by high growth amid increasing inequality; rising affluence coupled with persistent poverty.

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