Shopkeepers wait for customers in a waterlogged shopping centre after a heavy downpour in Dhaka, Bangladesh, on July 21. Climate-change issues are rising on Asia’s economic and social agenda. Photo: AFP Shopkeepers wait for customers in a waterlogged shopping centre after a heavy downpour in Dhaka, Bangladesh, on July 21. Climate-change issues are rising on Asia’s economic and social agenda. Photo: AFP
Shopkeepers wait for customers in a waterlogged shopping centre after a heavy downpour in Dhaka, Bangladesh, on July 21. Climate-change issues are rising on Asia’s economic and social agenda. Photo: AFP
Andrew Sheng
Opinion

Opinion

Andrew Sheng

How Asia can ensure peace and prosperity for another 60 years, amid growing protectionism, decoupling and climate change

  • Over the past 60 years, Asia’s growing share of the world economy has come at the expense of the West
  • With India and Asean about to reap the same demographic dividend as China, how Asia manages Western insecurities and societal rifts will be key

Shopkeepers wait for customers in a waterlogged shopping centre after a heavy downpour in Dhaka, Bangladesh, on July 21. Climate-change issues are rising on Asia’s economic and social agenda. Photo: AFP Shopkeepers wait for customers in a waterlogged shopping centre after a heavy downpour in Dhaka, Bangladesh, on July 21. Climate-change issues are rising on Asia’s economic and social agenda. Photo: AFP
Shopkeepers wait for customers in a waterlogged shopping centre after a heavy downpour in Dhaka, Bangladesh, on July 21. Climate-change issues are rising on Asia’s economic and social agenda. Photo: AFP
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Andrew Sheng

Andrew Sheng

Andrew Sheng is a former central banker and financial regulator, currently distinguished fellow at the Asia Global Institute, University of Hong Kong. He writes widely on Asian perspectives on global issues, with columns in Project Syndicate, Asia News Network and Caijing/Caixin magazines. His latest book is “Shadow Banking in China”, co-authored with Ng Chow Soon, published by Wiley.