Blogs

Manu writes regularly for The Edge Singapore where these blogs first appeared.

Will a recovery in the US investment cycle boost Asia?

Manu Bhaskaran

Two elements have been missing in the recovery of the US economy from the 2008 crisis – strong wage growth and renewed capital spending by businesses. Of these two, there are encouraging signs that wage growth is finally gaining some traction: the job market is clearly tightening and wages are firming in response.