The Asian Development Bank, in partnership with the Center for a New American Security and the Asia Society, presents:
Asia’s Economic Outlook:
Weathering the global crisis while confronting rising inequality
Dr. Changyong Rhee
ADB Chief Economist and former Secretary-General and Sherpa of the Presidential Committee for the 2010 G-20 Seoul Summit
Asian Development Bank
Dr. Patrick M. Cronin
Senior Advisor and Senior Director of the Asia-Pacific Security Program
Center for a New American Security
Asian Development Bank, North American Representative Office
Monday, April 23, 2012
9:30 a.m. - 11:00 a.m.
Breakfast will be served.
National Press Club
529 14th Street NW
As the United States engages in its “pivot” to Asia and the Pacific and with a looming debt crisis in Europe possibly undermining Asia’s growth, the 2012 Asian Development Outlook analyses the challenges faced by Asia as economic inequality widens despite the region’s vast economic gains.
Will Asia's growth contribute to stabilizing the world economy? Can policymakers take sufficient measures to address economic disparities in a region home to two-thirds of the world's poor, where some 1.8 billion people still live on less than $2 a day? What are the immediate economic prospects for developing Asia and what risks lie ahead? To what extent will the sovereign debt crisis in Europe undermine Asian growth? What are the consequences for Asia if inequality is allowed to widen further?
We invite you to join the Asian Development Bank, The Center for a New American Security and the Asia Society for this timely discussion on what lies ahead for Asia and the Pacific and how the economic success of the region addresses national security concerns of the United States.
About the 2012 Asian Development Outlook
Asian Development Outlook 2012 includes analysis of 45 economies, including People’s Republic of China and India. The ADO also examines the medium-term prospects for developing Asia, by country and by subregion: East Asia, Southeast Asia, South Asia, Central Asia, and the Pacific.
About the Asian Development Bank
The Asian Development Bank (ADB) is dedicated to reducing poverty in the Asia and Pacific region through inclusive and environmentally sustainable growth. Established in 1966, it is owned by 67 members -- 48 from the region, who have committed $167.1 billion in loans to the vision of a region free of poverty.
About the Center for a New American Security
The mission of the Center for a New American Security (CNAS) is to develop strong, pragmatic and principled national security and defense policies. Building on the expertise and experience of its staff and advisors, CNAS engages policymakers, experts and the public with innovative, fact-based research, ideas and analysis to shape and elevate the national security debate. Its research is independent and non-partisan.
About the Asia Society
Asia Society is the leading educational organization dedicated to promoting mutual understanding and strengthening
partnerships among peoples, leaders and institutions of Asia and the United States in a global context. The Asia Society has recently transformed its presence in Washington, as part of its global effort to assist policy-makers in their efforts to build cooperation among Asian nations. The Society’s Washington Office is now focusing more sharply on increasing American engagement across Asia; advocating for a U.S. Asia policy that relies on cooperation through diplomacy, trade and development; and enhancing policy-makers’ awareness of the political, economic and social trends shaping the Asia-Pacific.