Tuesday, October 23, 2012

Decline Of The Asian Family: Drop In Births Threatens Economic Ascendancy

New Geography reports:
The signs of an emerging Asian malaise can be seen in slowing economies — in Japan’s case an almost two-decade-long stagnation. South Korea and Singapore may grow this year at levels approaching that of the United States — mediocre by their historic standards. The notion of assured further progress is fading, as populations age and domestic markets seem unlikely to expand much.
You'll want to read this one.