Imagining Asia in 2030: Trends, Scenarios and Alternatives. Publisher: Academic Foundation Rs. 1295.00/- [] About the Book Future belongs to Asia. Already a major transition of wealth and power from the West to the East is being witnessed as never before. Asia could withstand the economic Tsunami which engulfed most of the developed world in 2008. Asian powers like China and India are being envisaged as the drivers of the future global economy. On the other hand, Asia is also facing major security challenges. Bringing together a pool of renowned international experts, the book deals with the potential drivers of future change in Asia like economic growth, climate change, demographics, urbanisation, migration, resource competition, technology, military modernisation, globalisation, nationalism and identity politics, radical movements, extremism and terrorism, and great power competition. Contents About the Editors/Contributors Preface Climate Change, Environment, Energy and Water 1. 2.
Economic Growth, Globalisation, Poverty and Equity 3. 4. 5. 6. 7. ASEAN Beat. Indian Decade. China Power. A recent report tells investors to think of the global economy in terms of “two separate narratives.” By Zachary Keck for The Diplomat January 12, 2013 Facebook9 Twitter3 Google+24 LinkedIn0 “We are moving away from a U.S. – or Europe-led world to a world led by China,” writes Stephen King, Chief Global Economist at HSBC in a report released on Wednesday.
HSBC’s Emerging Market Index for the last quarter of 2012 tells investors to think of the global economy in terms of “two separate narratives.” In fact, HSBC projects that “China will make its biggest-ever contribution to global growth in 2014.” Part of this is attributable to a slight improvement in China’s economy, which HSBC expects will grow by 8.6% in 2013, up from 7.8% in 2012. Still the slower rate of growth is not as consequential as one might expect, at least in terms of China’s impact on the world economy. It was hardly alone. “The ‘old world’ has yet to catch the China express,” HBSC writes. Home. India and the East Asian Summit. The inaugural East Asian Summit (EAS), touted as groundbreaking, commenced on December 14 in Kuala Lumpur comprising 16 nations— the 10 ASEAN countries, China, Japan, India, Australia and New Zealand with Russian President Vladimir Putin making a special appearance.
The EAS Declaration, like many issued before in the region, is wide-ranging: from political and security cooperation, infrastructure development, financial issues, further liberalisation of regional trade and investment, poverty eradication to fighting epidemics. Nonetheless, inter alia, three points need underscoring. One, the EAS is going to be an annual affair confined to ASEAN capitals thus dashing Chinese hopes of hosting the next one; two, it affirms to advance “efforts to realize an East Asian community through the AEAN+3 (A+3) process”; and three, the EAS “should remain open and outward looking with ASEAN as the driving force.” Backdrop The Rationale for EAS There are other issues as well. India’s Emerging Role.