External Event Invites: Asia Society/JP Morgan Half-Day Symposium
Event Details
Sponsored by J.P. Morgan, this half-day symposium is composed of three panel discussions and a lunch where experts will discuss macro issues relating to global competitiveness in Asia. It also sets out to advance thinking and knowledge that enables the global economy to remain productive in the long term.
Despite limited natural resources, Asia’s economic performance and competitiveness has performed well, with Singapore, Hong Kong and Japan in the top 10 ranking of the World Economic Forum’s Global Competitiveness Index. Indonesia and the Philippines are also rapidly gaining ground, while China leads the BRICS economies by a wide margin as its institutional framework improves and its financial market matures. Those Asian economies with strong institutions and ample innovative capacity have the ability to do better than its neighbors without these assets. This half day symposium aims to address macro issues relating to global competitiveness in Asia, and sets out to advance thinking and knowledge that enables the global economy to remain productive in the long term. Panel I: Competitiveness in Asia: Maintaining Innovation for Economic Growth Asia’s share of the global economy has risen to a third, with an average annual growth rate of close to six percent in the past decade. Yet while the performance and competitiveness of Asian countries improves, the disparities among countries are more pronounced. What are the regional trends for competitiveness and who are the competitive champions?
Panel II: China’s Trajectory and Implications for Asia and the World As China’s economy evolves, it can no longer rely on cheap labor to advance to the next stage of development. What is China’s model of development and how can China and other nations cooperate to improve regional and global competitiveness?
Luncheon Panel Discussion: Sustainable Solutions to Global Problems: Powering Up G20 for the Emerging Intra-Asia Dynamic The evolution of a western-dominated G8 to a more inclusive G20 reflects a new equilibrium in which Asia has much greater weight. With Australia chairing the G20 in 2014, what meaningful purpose does the G20 serve and how can macro policies be better coordinated to restore growth?
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