The "Bilbao effect" was once viewed as the savior of the other cities; a way for post-industrial cities in the 1990s and 2000s to not only replace their economic reliance on failing industry with tourism, but to reinvent themselves as capitals of High Culture, enriching both body and soul. This has long since ceased to be the case, and many now see it instead as an ironic monument to hubris. But while architecture in the west is attempting to find a viable successor, rapidly expanding economies in Asia and South East Asia seem poised to embark on a new wave of architectural and cultural flourishes designed to attract tourists and Thai Baht.
International Concept Management: The Latest Architecture and News
Architecture, Economics and Aquariums: Can ICM Revive the Bilbao Effect in Asia?
https://www.archdaily.com/617038/architecture-economics-and-aquariums-can-icm-revive-the-bilbao-effect-in-asiaDario Goodwin