Asia's Future – Challenges and Opportunities

EIAS Briefing Seminar 31/01/2013

With some of the fastest growing economies, Asia is a key pillar of the 21st century world order. Not surprisingly, the rise of Asia has become the subject of intense debate in academic and policy making circles, including talks of the 21st century as an ‘Asian Century’, a term that is widely contested. A favourite theme in debates of international politics and economics is whether Asia’s rise implies the West’s decline. This, however, distracts attention from the many challenges that call Asia’s continued success into question.

EIAS was much honoured to receive Mr Rajat M. Nag, Managing Director General of the Asian Development Bank (ADB) to share his insights on the ADB report Asia 2050: Realizing the Asian Century, published in 2011, and the scenarios devised in the report which analyse where Asia might find itself by the middle of the century. This event report discusses some background information, the main content of Mr Nag’s speech as well as issues raised during the lively Q&A session that followed Mr Nag’s keynote address. The event was chaired by Mr David Fouquet, Senior Associate of the EIAS and president of the Institute’s Luxembourg branch.

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