The End of the Asian Century?
According to the IMF, growth in Asia is expected to remain strong, at 5.3 percent this year and next, accounting for almost two-thirds of global economic growth. This rapid rate of expansion and change also brings about various challenges for the region, such as resource scarcity, environmental hazards and economic, military, political and demographic risks.
This panel will discuss the proposition that we could be witnessing the end of the “Asian Century”. Is China’s economic slump a sign of financial vulnerabilities in Asia? Could the South-China Sea dispute cause further regional tension? Will the region’s economic prosperity filter through to its poorest people or will the gap between the rich and the poor create significant social and political tensions?