Anyway, I know that Fallows' essay gets assigned in undergrad IPE classes a lot. This could be an interesting/useful update or companion piece.
In other (related?) news, here's a right-up-to-date essay on the economic situation in China from Caixin (sort of a Financial Times of China). It's not very optimistic; the title is "Waiting for a Crisis".
FWIW, Fallows' article on Japan appeared about a year before that country's financial crisis in 1994.
In other (related?) news, here's a right-up-to-date essay on the economic situation in China from Caixin (sort of a Financial Times of China). It's not very optimistic; the title is "Waiting for a Crisis".
FWIW, Fallows' article on Japan appeared about a year before that country's financial crisis in 1994.
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