Powered by

Developing regions can gain from integrating with world: Tharman; Underperforming economies in Middle East, East Asia urged to adapt in order to thrive

Jan 16, 2020 - The Straits Times (Singapore)

Developing regions in the Middle East and East Asia are significantly performing below their potential, said Senior Minister Tharman Shanmugaratnam yesterday.

But he added that these countries can still reap "very significant" benefits from integrating with the world, despite the global economic slowdown and changes in the global environment.

"I think pessimism around integrating with the global economy is vastly overstated in the commentaries that you read, and also vastly oversta...