Citigroup's Lee: Emerging Market Growth Model Is Busted

The video discusses the challenges faced by emerging markets, particularly their reliance on export-led growth, which is now unsustainable due to the slowdown in advanced economies. It highlights the need for structural readjustment and increased domestic demand, with a focus on China's efforts to adapt. The video also examines the impact of global politics, such as isolationism and trade disruptions, on these markets. It concludes with a discussion on China's leadership and the adaptation of Western economic solutions.

What has caused the traditional growth model of emerging markets to become unsustainable?

• Increased competition from advanced economies

• Dependence on export-led growth amid slowing advanced economies

• Over-reliance on domestic demand

• Lack of technological innovation

Which country is mentioned as trying to become more domestic-oriented during its structural readjustment phase?

• Brazil

• India

• Russia

• China

What is a major challenge in understanding the economic conditions of many emerging markets?

• Over-dependence on technology

• High inflation rates

• Lack of transparency

• Lack of skilled labor

What global political trend is contributing to trade disruptions?

• Environmental policies

• Technological advancements

• Isolationism and currency wars

• Increased globalization

What is a challenge faced by China's leadership in implementing solutions learned from the West?

• Insufficient education

• Cultural differences

• Political constraints on technocrats

• Lack of resources