The cost of development

From the early 60’s to 1997, the key word in South Korea was development. Social policies, inclusiveness and welfare were subordinated to growth and fast development. Competitiveness, earnings and being part of the production machine were the only way to receive benefits from the state. South Korea, just like Taiwan, Japan and most Asian countries …

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An unfair race

The biggest criticism towards European institutions is their apparent inability to distinguish between each country's condition and lack of flexibility. I have always found many attempts at standardizing patterns and behaviors, political and economic, unnecessary and forced. Economists, just like any other expert, thrive on the creation of systems, universal truths and dogmas to legitimize their work …

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Should Asia’s economy be a model to follow?

Inclusive growth’s definition is simple: A condition in which state policies promote a more equal distribution of wealth and opportunity among its citizens. Yet, the term is way more complex than what the textbook definition tells us. The discourse, as tackled by many economist, fits perfectly with the concept of inequality and economic development as it relates …

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