5th International ADI Conference

Growth: Critical perspectives from Asia

Keynote lecture by Danny Quah, Professor of Economics and Kuwait Professor of Economics and International Development, London School of Economics

What's wrong with Asia?

Economic growth in Asia confronts two scenarios: one, continued success carrying the region into what some now call the New Asian Century; two, the Middle Income Trap, bringing to a crashing halt a bold economic experiment that has lifted hundreds of millions out of poverty. What are the large economic and political factors that matter for this determination? If the New Asian Century is realized, how will global governance respond to the world's economic center soon locating ten timezones away from the world's political center? If not, how will the global economy look when the Middle Income Trap grabs hold of the world's most successful economies?