Asia is the world’s most dynamic economic region. Of the world’s 30 largest cities, 21 are in Asia, according to the UN. By 2020, Asia will also become home to half of the world’s middle class. Asia’s remarkable economic success has been the product of integration with global markets, coupled with a growth strategy that mobilizes the capabilities of domestic institutions. There are signs, however, that the synchronized global recovery of the past few years is starting to fade, and risks to the Asian and global forecast are now more and more critical, reflecting increased financial market volatility, rising trade tensions, and instability associated with digitization. Many have now come to the consensus that Asia is in need of a new growth model that will enable it to remain at the forefront of development over the coming decade and beyond.
In light of Asia’s shifting cultural landscape and increased digitization, it is imperative for leaders and policymakers to embrace change. This track will delve into the complicated interplay among financial markets, trade, and foreign direct investment and will discuss appropriate policy responses to the issues at hand. Delegates will hear from renowned business leaders, academics, and policymakers to analyze fundamental challenges facing Asian nations and explore ways for Asia to adapt in an ever-changing global marketplace.
