India’s economic development strategy has undergone significant evolution, shaped by changing global and domestic dynamics. At this critical juncture, India’s growth model presents vast opportunities but also faces considerable challenges in achieving its full potential. This briefing examines the historical, systemic, and structural hurdles that could hinder progress while outlining strategies to capitalize on emerging opportunities and maintain growth momentum.
Asia and the Gulf have deepened their interdependence over the past decade, particularly in energy, trade, investment, and technology. Gulf Cooperation Council (GCC) nations are strengthening ties with Asian countries like China, India, Japan, South Korea, and ASEAN, fostering mutual economic growth. These partnerships are driven by shared goals including economic diversification, energy security, and the advancement of emerging technologies like AI, renewable energy, and electric vehicles. Growing Asian-Gulf ties are strategically important amid global and regional challenges.
A collaborative article by the Asia Business Council and McKinsey delved into the perspectives of business leaders in Asia as they navigate an emerging and potentially more turbulent era, in terms of world order, technology, demographics, resource and energy systems, and financial capitalization. Overall, they believe the region can sustain its growth but will need strategic adjustments to address disruptions and volatility in a multipolar world.
Washington should double down on combining policy support, financial incentives and advances in technology, to reduce its reliance on China-sourced material. As it strives to build a home-grown supply chain, investing in Canada’s critical minerals could be a game-changer.
The steady rise of AI technology has left governments, industries and institutions scrambling to catch up and establish rules of the road. As a knowledge-based economy, Hong Kong can lead the way in building a regulatory framework that limits the harmful impact of AI and maximises its benefits.
Technology has changed the game, making it easier to acquire and improve language and communication skills. An international business hub like Hong Kong, where languages are critical for deal-making, must leverage technology to promote learning.
Hanun Thalia, a student at Universitas Indonesia, writes about a novel technology-based approach for improving communication among family members, an approach that she argues can contribute to the achievement of the UN Sustainable Development Goals. KomU, an app, helps families learn to use the “I statement” and “sandwich feedback” methods of communication, two psychology-based approaches …
The melding of education and technology is here to stay, and its benefits for students, schools and the economy are just beginning to be understood. Fiscal policy and financial incentives that keep up with the times represent a win-win for the people and the government as well as an investment in our future.
Leveraging its resources and expertise, Lenovo, a leading technology company with operational headquarters in Beijing and Morrisville, North Carolina, and financial headquarters in Hong Kong, developed educational solutions that could “go beyond the device” during the pandemic. While its commercial solutions ranged from hybrid classrooms to cybersecurity and virtual reality, Lenovo’s philanthropic efforts included hardware …
