Transforming Asia's Low-Income Countries into Tomorrow's Emerging Markets
Speech by Min Zhu, Special Advisor to the Managing Director, International Monetary Fund, July 12, 2010
Asia has become a major economic powerhouse, and is growing in importance. The region accounts for a third of the global economy, up from just under a fifth in 1980. On current trends, Asia’s economy could outstrip the United States and the European Union combined by 2015.
Objectives:
- Build a shared vision to support sustained economic growth in Asia, while drawing lessons from the past in a candid and constructive manner;
- Showcase Asia’s success in economic management, and highlight lessons for other regions;
- Examine Asia’s growth model, its prospects going forward, and the implications of change for the global economy;
- Discuss Asia’s role in the international community, including the IMF, in this process.
Conference Brochure: PDF
