This is another of my end of year prediction/look-back posts. The others, on 2014, are here and here. This time I want to look forward to 2015, and I’ve got to admit that I see little that inspires confidence. Every state in northeast Asia is run by nationalists and social conservatives who have little interest in overcoming regional foreign policy splits, or altering the bureaucratic, crony corporatist status quo.
So expect another year of the same: loud, angry, status-quo reinforcing foreign policy fights over empty rocks and events 80 years ago; corruption scandals; competitive devaluation and outrageously punitive consumer prices; a rough deal for working women; dirigisme instead of innovation; North Korean shenanigans; and so on. NE Asia really needs visionary leaders – an Adenauer or Mandela – someone to pull the region out of the blind alley of nationalism and crony statism that rewards nationalist elites and punishes everyone else.
The following predictions were originally made in the Diplomat here.

