Asia 2050: Realizing the Asian Century

ISBN 13: 9788132107569

Asia 2050: Realizing the Asian Century

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9788132107569: Asia 2050: Realizing the Asian Century
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This study, Asia 2050: Realizing the Asian Century, is aimed at key opinion makers to foster debate on a vision of and strategy for Asia′s potentially historic rise among the global community of nations between now and 2050. It offers a long-term perspective of the Asia region as a whole as opposed to the more common approach that delivers a short- to medium-term perspective of selected countries, subregions or issues.

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About the Author:

Harinder S. Kohli is the Founding Director and Chief Executive of the Emerging Markets Forum as well as Founding Director, President, and CEO of Centennial Group International, both based in Washington, DC. He is the Editor of Global Journal of Emerging Markets Economies. Prior to starting his current ventures, he served over 25 years in various senior managerial positions at the World Bank. He has written extensively on the emergence of Asia, Latin America, Africa, and other emerging market economies, financial development, private capital flows, and infrastructure. He is an author and co-editor of India 2039: An Affluent Society in One Generation (2010), (2010), A Resilient Asia amidst Global Financial Crisis (2010), Islamic Finance (2011), Asia 2050: Realizing the Asian Century (2011), and A New Vision for Mexico 2042: Achieving Prosperity for All (2012). He led Centennial Group teams that helped ADB and CAF develop their long term corporate strategies. Mr. Kohli is currently leading a year-long EMF study on the long term prospects and challenges faced by emerging market economies worldwide.

Review:

With more weight of the global economy shifting to Asia and the region's rising global footprint, Asia's economies must take on new obligations as responsible global citizens. As this book points out, it is in Asia's self interest to preserve the Global Commons and, particularly, to take urgent action to mitigate climate change.

Horst Koehler

Former President of the Federal Republic of Germany

Asia 2050 presents a bold and enticing vision for the people of Asia-a vision that is achievable through determined action by Asia's leaders on the national front, in promoting cooperation across the region, and in taking ownership of the global agenda. It is a remarkably balanced discussion of the challenges and the opportunities that lie ahead.

Hiroshi Watanabe

President and CEO, Japan Bank for International Cooperation

Achieving potentially historic transformation in a region that encompasses half the humanity will be of immense interest to political, economic and business leaders around the globe. The book presents a compelling agenda for unlocking Asia's undeniable potential.

Christine Lagarde

Former Minister for Economy, Finance and Industry, France;

and incoming Managing Director, IMF

This book suggests that Asia can aim at achieving today's European levels of prosperity in four decades. But it also warns that we could miss the objective if Asia's emerging economies get caught in the middle income trap. Asian policy makers are well advised to ponder this challenge. Asia 2050 will help them do so.

Montek Singh Ahluwalia

Deputy Chairman, Planning Commission, India

Asia's rise to preeminence makes a fascinating story. The book is a timely reminder that sustained growth will require countries to harness the full potential of technological change, innovation and entrepreneurship. Otherwise, countries could find themselves in a middle income trap where productivity and growth could stagnate for extended periods. The book identifies a wide range of wise and pragmatic policy and institutional interventions that must be made early on to avoid the middle income trap.

Yoon Jeung-hyun

Minister of Strategy and Finance, Republic of Korea

This book lays out a bold and ambitious agenda-national, regional and global-to lift an additional 3 billion Asians to affluence by 2050. As a long-standing friend of the region, I wish Asia's leaders great success in realizing this goal of the Asian Century. The book also highlights the critical role that Asia must play in global governance-as amply demonstrated by the ongoing discussions of the reform of the international monetary system.

--Michel Camdessus

Chairman, Emerging Markets Forum and Former Managing Director, IMF

The book persuasively articulates the agenda to put Asia on a longer-term sustained growth trajectory. The book is being released at a time when Asia's economic resilience is attracting global attention. In the wake of recent global crisis, Asia has demonstrated the strength of their economies and heightened the aspirations of the Asians. This context makes the book a must read for economic and political leaders interested in long-term social and economic development of Asia. --Abul Maal Abdul Muhith

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Book Description Sage Publications, 2011. Hardcover. Condition: New. Asia is in the midst of a truly historic transformation. If it continues to grow on its recent trajectory, it could, by 2050, account for more than half of global GDP, trade and investment, and enjoy widespread affluence. Its per capita income could rise sixfold. It thus holds the promise of making some 4 billion Asians, hitherto commonly associated with poverty and deprivation, affluent by today?s standards. This study, Asia 2050: Realizing the Asian Century, is aimed at key opinion makers to foster debate on a vision of and strategy for Asia?s potentially historic rise among the global community of nations between now and 2050. It offers a long-term perspective of the Asia region as a whole as opposed to the more common approach that delivers a short- to medium-term perspective of selected countries, subregions or issues. Printed Pages: 412. Seller Inventory # 34196

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