South Korea recently escaped the middle-income trap to join Singapore and Japan as the Asia-Pacific region’s third wealthiest country. As such, Korea property developers benefit from the nation’s rising home demand. This puts it in a very select list of...
Frontier economies will outpace developed economies in the 2020s because of a simple mathematical truth: 1+1 is 2, and that is a 100% increase; while 100+1 is 101 and that’s merely a 1% increase. In other words, a modest, evenly distributed raise, has more of an...