
About Gunther Schnabl
Gunther Schnabl, Professor, Institute for Economic Policy, University of Leipzig.Ultra-low interest rates and wandering overinvestment cycles in East Asia

In the 1960s, Kaname Akamatsu (1961) described the gradual relocation of industries from the advanced industrialized countries in East Asia to the less advanced countries during the latter’s economic catch-up process as the “flying geese” pattern. For instance, the textile industry was clustered in Japan in the 1950s but then successively relocated to the newly industrialized economies (Hong Kong, China; Taipei,China; Singapore; and the Republic of Korea), the new generation of tiger countries (Indonesia, Malaysia, the Philippines, and Thailand), the People’s Republic of China (PRC), and now increasingly to Viet Nam.
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- Ocean governance and blue finance for revitalizing the blue economy
- Global survey points to progress on financial inclusion but stubborn gender gaps in Asia
- Reimagining South Asia’s electricity system amid growing energy market volatility
- Rail routes offer boost to India–Bangladesh cross-border trade
- Preparing Southeast Asia’s youth to enter the digital economy
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