Asian Megatrends assesses the key drivers impacting Asia over the next two decades. The rise of China is transforming the Asia-Pacific, as China's economic and military might increasingly reverberates throughout the region. India and Indonesia are also rising Asian powers that are changing the shape of the Asian economic landscape. The rapid growth of emerging Asian consumer markets is becoming an increasingly important growth engine for the world economy and for global multinationals. However, Asia faces tremendous economic and social challenges over the long-term, including the rapid growth of Asian megacities and severe environmental problems due to climate change, water crises and pollution. Geopolitical tensions have also been escalating in the Asia-Pacific due to territorial disputes in the South China Sea and the East China Sea, increasing the risk of a regional arms race and military confrontation.
Asian Megatrends is an essential read for government officials and corporate executives wishing to understand the rapidly changing risk landscape in Asia.
Rajiv Biswas has extensive experience as a professional economist, including working as Senior Director and Asia-Pacific Chief Economist for IHS Global Insight, as Director for South-East Asia for The Economist Group and as a consultant for the United Nations. His experience also includes working as Executive Director for Asia-Pacific Country Risk for UBS and as Senior Economist for the Commonwealth Secretariat. Rajiv studied at the London School of Economics and Imperial College, London University, UK.
Table of Contents List of Tables List of Figures Preface Introduction: Beyond the East Asian Miracle 1. Asia's Consumer Spending Boom 2. The Impact of Ageing Demographics on Asia 3. Building a New Financial Architecture in Asia 4. Asian Megacities : Managing Urban Growth 5. Emerging Manufacturing Hubs in Asia 6. China: Fragile Superpower 7. Can Japan Avert a Debt Crisis? 8. Will India Become Asia's Next Growth Engine? 9. ASEAN : Trade Liberalisation and Economic Integration 10. Indonesia: Southeast Asia's Emerging Regional Power 11. Majulah Singapura: The Next Fifty Years 12. The Environmental Crises Facing Asia 13. Combating Terrorism and Organised Crime in Asia 14. Asia's Future Wars: Geopolitical Risks in the Asia-Pacific 15. Conclusion: Conflict or Co-operation in Asia? Bibliography Index ?