Asia 2050

Harinder S. Kohli is the Founding Director and Chief Executive of the Emerging Markets Forum as well as Founding Director, President, and CEO of Centennial Group International, both based in Washington, DC. He is the Editor of Global Journal of Emerging Markets Economies. Prior to starting his current ventures, he served over 25 years in various senior managerial positions at the World Bank. He has written extensively on the emergence of Asia, Latin America, Africa, and other emerging market economies, financial development, private capital flows, and infrastructure. He is an author and co-editor of India 2039: An Affluent Society in One Generation (2010), (2010), A Resilient Asia amidst Global Financial Crisis (2010), Islamic Finance (2011), Asia 2050: Realizing the Asian Century (2011), and A New Vision for Mexico 2042: Achieving Prosperity for All (2012). He led Centennial Group teams that helped ADB and CAF develop their long term corporate strategies. Mr. Kohli is currently leading a year-long EMF study on the long term prospects and challenges faced by emerging market economies worldwide. Please contact Prof Harinder Kohli atCentennial Group2600 Virginia Ave NWSuite 201. Washington D.C. 20037Email: harinder@centennial-group.com Ashok Sharma is the Senior Director of Asian Development Bank’s Office of Regional Economic Integration. He is the chair of the community of practice for regional cooperation and co-chairs the community of practice for finance of ADB. He also served as Senior Advisor of the South Asia Department of ADB and Director of Financial Sector, Public Management and Trade Division of South Asia Department. He has worked extensively on project and knowledge products on financial sector development, fiscal and governance reforms, infrastructure financing, and enabling public-private partnerships. He is the co-editor of “A Resilient Asia Amidst Global financial Crisis” (2010).Anil Sood, in his 30-year career at the World Bank, occupied many senior positions including Vice President, Strategy and Resource Management, and Special Advisor to the Managing Directors. He has since advised chief executives and senior management of a number of development organizations including the African Development Bank, the Islamic Development Bank, the United Nations Development Programme, and the United Nations Economic Commission of Africa, on matters of strategy and development effectiveness.Please contact Prof Anil Sood atCentennial Group2600 Virginia Ave NWSuite 201. Washington D.C. 20037Email: asood2@gmail.com

• IntroductionPART ONE: MAKINGS OF THE ASIAN CENTURYAsia in the Global Economy in 1700-2010: Setting the Scene Asia in the Global Economy in 2011-2050: The Main Drivers of the Asian Century Asia in the Global Economy in 2050: The Asian Century Realizing the Asian Century: Mega-Challenges and Risks PART TWO: REALIZING THE ASIAN CENTURY Realizing the Asian Century: A Strategic Framework Growth and Inclusion Driving Productivity and Growth A New Approach to Urbanization Transforming Finance Reducing Energy Intensity and Ensuring Energy Security Action on Climate Change in Asia′s Self-Interest Transforming Governance and Institutions Regional Cooperation and Integration Realizing the Asian Century: Asia′s Role in the WorldConclusion: Cost of Missing the Asian CenturyAppendicesReferencesIndex

With more weight of the global economy shifting to Asia and the region′s rising global footprint, Asia′s economies must take on new obligations as responsible global citizens. As this book points out, it is in Asia′s self interest to preserve the Global Commons and, particularly, to take urgent action to mitigate climate change.