“Asiaphoria Meet Regression to the Mean”

“Asiaphoria Meet Regression to the Mean”

The first important thing you must do ——– READ “Asiaphoria Meet Regression to the Mean” then answer below three question. (No more than 1000 words)

This assignment is in the form of three short answer questions linked to material covered in. Each answer to each question should be no more than 350 words in length. You must do all three questions. Short answer questions, no need for introduction and conclusion.

Q.1 What is the central argument of the Asiaphoria by Lant Pritchett and Larry Summers? (300 words)
Q.2 Do you agree with the argument of Pritchett and Summers? Is it compatible with the BRICs thesis? (300 words)
Q3. Assuming it is true, what are the implications of the Asiaphoria argument for multinationals based in Western Europe? How should they adjust their strategies in light of the arguments of Pritchett and Summers?

Your answers should be fully and properly referenced. You should include a bibliography.