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AGD 2020: Towards a New Multilateral Global Economy

For the first time, this year’s AGD was held online. Themed Towards a New Multilateral Global Economy, AGD 2020 will explore topics on prospects of multilateralism, climate crisis, post-COVID recovery and technology for common good.

  • Opening and Welcome: In conversation with Xiang Zhang, HKU President

  • Prospects for Multilateralism

  • What Next for Global Action on Climate Change?

  • Recovery - Inequality and Sustainable Development in the Post-COVID World

  • Advancing Technology for the Common Good

  • AGD2020: Closing Remarks by Victor K Fung

  • Opening and Welcome: In conversation with Xiang Zhang, HKU President

    Xiang Zhang
    Zhang
    Xiang Zhang
    President and Vice-Chancellor, The University of Hong Kong
    Modupe Adefeso-Olateju
    Adefeso-Olateju
    Modupe Adefeso-Olateju
    AsiaGlobal Fellow 2020/21

    The pandemic has severely disrupted education at all levels, posing technological, economic, and learning challenges for teachers, students, parents and institutions. In a dialogue with 2020/21 AsiaGlobal Fellow and education policy specialist Modupe Adefeso-Olateju of Nigeria, the president of The University of Hong Kong, Xiang Zhang, discusses the impact of Covid-19 on higher education. He will share his perspectives on Hong Kong’s role as an education hub in the context of the growth of the Greater Bay Area, the development of China and the deepening integration of the Asia-Pacific region. President Zhang will offer insights into the future of jobs and the issues that universities face in preparing young people for employment and productive careers contributing to sustainable development.

  • Prospects for Multilateralism

    Richard Haass
    Haass
    Richard Haass
    President, Council on Foreign Relations

    Takeshi Niinami
    Niinami
    Takeshi Niinami
    Chief Executive Officer, Suntory Holdings Limited

    Feng Zhu
    Zhu
    Feng Zhu
    Executive Director, China Center for Collaborative Studies of the South China Sea, Nanjing University
    Andrew Sheng
    Sheng
    Andrew Sheng
    Distinguished Fellow, Asia Global Institute

    The weak global response to Covid-19 has revealed how seriously the rules-based international order is in disarray. The pandemic has further complicated political, social and economic stresses that had been playing out in the US, Europe and the Asia. The heightened US-China rivalry, in particular, has led to further tensions in the global system, even as multilateral institutions such as the United Nations, the World Trade Organization and the World Health Organization require significant reform if they are to be representative and effective in addressing the many cross-border challenges such as climate change, fair trade and indeed the pandemic. Hear from experts from China, Japan and the US on the prospects for multilateralism, especially with the advent of a new US administration and major developments in Asia-Pacific trade.

  • What Next for Global Action on Climate Change?

    Christine Loh
    Loh
    Christine Loh
    Chief Development Strategist, Institute for the Environment, Hong Kong University of Science and Technology

    Peter Seligmann
    Seligmann
    Peter Seligmann
    CEO, Nia Tero Chairman, Conservation International

    Lin Xu
    Xu
    Lin Xu
    Chairman, China-US Green Fund
    Pamela Mar
    Mar
    Pamela Mar
    Executive Vice President – Knowledge and Applications, Fung Academy, Fung Group

    China’s carbon-neutral pledge and the expected return of the US to the Paris Agreement could catalyze renewed global action on climate change, even as governments have had to allocate resources and manpower to fighting the pandemic. What is the outlook for further international mobilization to address global warming, especially as the issue has become a priority on national security agendas? What about other pressing environmental problems such as plastics pollution, water stress and the need to mitigate the impact of extreme weather and natural disasters such as the Australian bushfires? And how can the business community contribute to driving further progress on this existential global challenge? 

  • Recovery - Inequality and Sustainable Development in the Post-COVID World

    Noeleen Heyzer
    Heyzer
    Noeleen Heyzer
    Distinguished Fellow, Asia Global Institute

    Michael Spence
    Spence
    Michael Spence
    Nobel Laureate Advisory Board Co-Chair, Asia Global Institute

    Jaime Zobel de Ayala
    Zobel de Ayala
    Jaime Zobel de Ayala
    Chairman and CEO Ayala Corporation
    Zhiwu Chen
    Chen
    Zhiwu Chen
    Director, Asia Global Institute

    Covid-19 plunged the world into its deepest recession in generations. As economies recover, with Asia taking the lead, the key challenge is to “build back better” by addressing inequality and keeping sustainable development on track. But the implementation of the extraordinary policy remedies and fiscal interventions by governments and central banks may pose challenges to achieving these objectives. In the immediate term, countries will have to cope with the task of the rollout of vaccines and the strengthening public-health security and trust. Over the longer term, efforts will be needed to counter the very severe negative economic and social impact of the pandemic on vulnerable populations, women and marginalized groups.

  • Advancing Technology for the Common Good

    Kai-Fu Lee
    Lee
    Kai-Fu Lee
    Chairman and CEO, Sinovation Ventures

    Samuel Palmisano
    Palmisano
    Samuel Palmisano
    Chairman, The Center for Global Enterprise

    Marjorie Yang
    Yang
    Marjorie Yang
    Chairman, Esquel Group
    Alejandro T. Reyes
    Reyes
    Alejandro T. Reyes
    Director of Knowledge Dissemination and Visiting Associate Professor, Asia Global Institute

    The pandemic has highlighted both the great advantages of technology – the widespread use of videoconferencing for online education, for example – and the negative aspects such as the rapid spread of bad and false information through social media. The speedy development of vaccines will be hailed as a game-changing scientific achievement. The public-health and economic crises brought on by Covid-19 will accelerate digitalization and the implementation of Fourth Industrial Revolution technologies such as artificial intelligence. How can these advances be aimed for the common good – for building trust and security rather than rivalry and risk? And how can governments and enterprises narrow gaping digital divides (between and within economies) that the twin catastrophes have revealed.

  • AGD2020: Closing Remarks by Victor K Fung

    Victor K Fung
    Fung
    Victor K Fung
    Advisory Board Co-Chair, Asia Global Institute

    Closing Remarks: New Directions for Multilateralism for the Post-Pandemic, Digital Economy

Videos

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AGD 2020: Opening and Welcome
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AGD 2020: Opening and Welcome
AGD 2020: Prospects for Multilateralism
AGD 2020: What Next for Global Action on Climate Change?
AGD2020: Recovery - Inequality and Sustainable Development in the Post-COVID World
AGD2020: Advancing Technology for the Common Good
AGD 2020: Closing Remarks: New Directions for Multilateralism for the Post-Pandemic, Digital Economy
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