March 2024 – Economics of Information Society

The dismal decade (Part 4: The economic race: Can China catch US by 2030)

The dismal decade (Part 4: The economic race: Can China catch US by 2030) Phuah Eng Chye (30 March 2024) Where it once appeared inevitable, it is no longer a certainty that China will be able to overtake the US as the world’s largest economy (in nominal terms) in 2030. Most agree China’s peak real … “The dismal decade (Part 4: The economic race: Can China catch US by 2030)”

Phuah Eng Chye

I was formerly a securities regulator and equities analyst. I started writing these articles (and a book) because I felt that there were a lot of economic theories that didn’t seem to match up to the realities we are facing. This also means that a lot of policies (based on these theories) are wrong. So I’ve tried to make sense of how things worked based on the paradigm of an information society. Its a challenging topic and difficult to pin down. This means I have had to explore issues over a wide range of policy areas. Over the next few months, I will cover the service economy, the sharing economy, household and work structures before moving onto policy issues on the anorexic economy (role of corporates, basic income, housing affordability) and the financialisation process (capital, monetary policy, securities regulation).

Date	Article/Event
29 June 2024	The dismal decade (Part 6: Driving forces and 2030 scenarios)