Many countries in developing Asia, including China and India, are anticipating an economic rebound from the devastation caused by COVID-19.
However, beyond the growth forecasts, there are several worrying trends that predate the pandemic. These include: deglobalization, the impact of technology and automation on jobs, growing inequality, environmental degradation and stalling social mobility. The pandemic has reignited the debate on the future of developing Asia.
- Is the region on the cusp of a social, political, and environmental crisis?
- How much of a threat is deglobalization to Asia’s export-led economic growth model?
- How can policymakers promote social mobility?
- How well-equipped is the region to adapt to the devastating impacts of climate change?
- What lessons can be drawn from growing social unrest in the region?