Asia will redraw the map of economic progress over the next 25 years.
Growth is necessary to solve economic and social problems, but harder to achieve as the age of plenty gives way to the age of scarcities. The challenge gives birth to an Asian economic model based on shifting of productivity from the individual to groups, ecological productivity instead of economic productivity, and a reversal to traditional Asian values, which are less materialistic than Western values. A new paradigm for economic thinking emerges to replace the one launched in the West 200 years ago. The session will cover technology, economics, multinational companies, education, social capital and creativity, demographics, philosophies and religions, and the impact of the five scarcities (food, commodities, energy, water, and clean environment). This approach strives for an interdisciplinary analysis incorporating most social sciences.
Who should attend: Academics and policy makers working in business and public administration.
What you’ll learn: The session intends to tell how a new economic model in Asia will change production function and consumption models, as well as shape a new economic paradigm based upon a behavioral pattern that is inspired by traditional Asian values rooted in religion and philosophy.
How this new knowledge may be applied: Attendees will discover a new approach for manoeuvring in this new environment.
Joergen Orstroem Moeller is visiting senior research fellow, Institute of Southeast Asian Studies (ISEAS); senior fellow, Diplomatic Academy, adjunct professor, Singapore Management University & Copenhagen Business School; member, World Future Society Global Advisory Council; former Danish ambassador to Singapore, Brunei Darussalam, Australia, and New Zealand; Singapore