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?
Jonathan D. Ostry, Acting Director of the Asia and Pacific Department, International Monetary Fund
Vasuki Shastry, Associate Fellow, Asia-Pacific Program, Chatham House; Author of Has Asia Lost It? Dynamic Past, Turbulent Future
Yamini Aiyar, President and Chief Executive, Centre for Policy Research, New Delhi
Chair: Charu Lata Hogg, Associate Fellow, Asia-Pacific Programme, Chatham House