Asia's prospects: Status quo or a rougher ride?

The problems with 'Connections World' model & the configuration of economic and political power that it has enabled are mounting

Without doubt, Asia is the great success story of recent times. But will that success continue in the future? Or is the deceleration in growth currently observed in many Asian countries a portent of what is to come? In our new book — The Connections World: The Future of Modern Asia (Cambridge University Press, 2022) — we argue that Asia is indeed facing a watershed moment. To maintain momentum in its climb up the income ladder, Asian economies face some difficult policy decisions that go far beyond coping with Covid, supply shocks, and their aftermath.

Asia’s development model has so far