With their younger populations, India, Bangladesh, the Philippines, Indonesia and Malaysia still enjoy potential for high growth. Photo: AFP

How Asia can move from L-shaped stagnation to a J-shaped recovery

Andrew Sheng says painful restructuring remains the only way the region’s population giants can move beyond the middle-income trap, and that will take guts and will

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With their younger populations, India, Bangladesh, the Philippines, Indonesia and Malaysia still enjoy potential for high growth. Photo: AFP
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