Challenges To Realizing The Asian Century
Asia’s growth is not guaranteed. Its leaders will have to manage multiple risks and challenges, particularly:
- Growing inequality within countries, in which wealth and opportunities are confined to the upper echelons. This could undermine social cohesion and stability.
- Many Asian countries will not be able to make the necessary investments in infrastructure, education and government policies that would help them avoid the Middle Income Trap.
- Intense competition for finite natural resources, such as land, water, fuel or food, as newly affluent Asians aspire to higher standards of living.
- Global warming and climate change, which could threaten agricultural production, coastal populations, and numerous major urban areas.
- Rampant corruption, which plagues many Asian governments.
Read more about this topic: Asian Century
Famous quotes containing the words challenges, realizing, asian and/or century:
“A powerful idea communicates some of its strength to him who challenges it.”
—Marcel Proust (1871–1922)
“I myself spent nine years in an insane asylum and I never had the obsession of suicide, but I know that each conversation with a psychiatrist, every morning at the time of his visit, made me want to hang myself, realizing that I would not be able to cut his throat.”
—Antonin Artaud (1896–1948)
“If he roars at you as you’re dyin’
You’ll know it is the Asian Lion.”
—Carolyn Wells (1862–1942)
“Reasoning with a drunkard is like
Going under water with a torch to seek for a drowning man.”
—Tiruvalluvar (c. 5th century A.D.)