As the United States engages in its “pivot” to Asia and the Pacific and with a looming debt crisis in Europe possibly undermining Asia’s growth, the 2012 Asian Development Outlook analyzes the challenges faced by Asia as economic inequality widens despite the region’s vast economic gains.
Will Asia's growth contribute to stabilizing the world economy? Can policymakers take sufficient measures to address economic disparities in a region home to two-thirds of the world's poor, where some 1.8 billion people still live on less than $2 a day? What are the immediate economic prospects for developing Asia and what risks lie ahead? To what extent will the sovereign debt crisis in Europe undermine Asian growth? What are the consequences for Asia if inequality is allowed to widen further?
On April 23, CNAS co-hosted an event in partnership with the Asian Development Bank and the Asia Society on what lies ahead for Asia and the Pacific and how the economic success of the region addresses national security concerns of the United States. Dr. Patrick Cronin, CNAS Senior Director of the Asia-Pacific Security Program, provided remarks. Click here for more information.
Dr. Changyong Rhee
ADB Chief Economist and former Secretary-General and Sherpa of the Presidential Committee for the 2010 G-20 Seoul Summit
Asian Development Bank
Dr. Patrick M. Cronin
Senior Advisor and Senior Director of the Asia-Pacific Security Program
Center for a New American Security
Asian Development Bank, North American Representative Office
Monday, April 23, 2012
9:30 a.m. - 11:00 a.m.
National Press Club
529 14th Street NW