Manila and the Philippines will stay laggards also sprach McKinsey 298.0
Yesterday, McKinsey published Global cities of the future showing the 600 cities that will account for more than 60% of global GDP growth by 2025. From the article, I derived McKinsey’s current thinking behind the report – a disturbing though not surprising insight to me – that Manila will stay a laggard among its peer [...]
Innovation Clusters from Flying Geese for ASEAN – 3 of 3
From Part II, the path to a richer, stronger and united ASEAN is long. The members are too economically diverse (see Table above) to unite quickly. Two strategies for convergence are possible. Firstly, a customs union on new, globally important products can link members up via trade for chosen products (see Post #20). Secondly, trade-oriented [...]
Innovation Clusters Through an ASEAN Customs Union – 2 of 3
The way to a richer, stronger and united ASEAN will be long. The member countries start from too far apart, economically, to unite fast. From the table, there are at least four distinct echelons based on relative incomes, GDP per capita, for the ten members.
