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AGI 10

AGD 2021: Asia Forward: Leading the Way Towards a New Multilateralism

Under the theme Asia Forward: Leading the Way Towards a New Multilateralism, AGD 2021 explored key aspects of the global economy including digitalization and sustainability and how Asia can drive the post-pandemic recovery and reinvigorate multilateral cooperation.

  • Welcome and Opening

  • Recovery and Renewal: Globalization After the Pandemic

  • Asia and a New Multilateralism

  • Fireside Chat: Mapping Global Imbalances: A One-Earth Balance Sheet

  • Rethinking Growth and Sustainability: Can Asia Lead?

  • The Global Economy: New Drivers of Growth

  • Closing Remarks

  • Welcome and Opening

    Xiang Zhang
    Zhang
    Xiang Zhang
    President and Vice-Chancellor, The University of Hong Kong
  • Recovery and Renewal: Globalization After the Pandemic

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

    Mari Pangestu
    Pangestu
    Mari Pangestu
    Managing Director of Development Policy and Partnerships, World Bank

    Mark Tucker
    Tucker
    Mark Tucker
    Group Chairman HSBC
    Victor K Fung
    Fung
    Victor K Fung
    Advisory Board Co-Chair, Asia Global Institute

    As the world struggles to emerge out of the pandemic, what are the lessons to learn from the global effort to address this cataclysmic crisis? What needs to be done to improve international cooperation not just in public health but across the sustainability agenda from climate change to inequality, from gender to the impact of technology? And what role should key economies in Asia play in this effort?

  • Asia and a New Multilateralism

    Christina L Davis
    Davis
    Christina L Davis
    Professor in the Department of Government, Harvard University

    Vivian Lin
    Lin
    Vivian Lin
    Executive Associate Dean, Li Ka Shing Faculty of Medicine, The University of Hong Kong

    George Yeo
    Yeo
    George Yeo
    Visiting Scholar, Lee Kuan Yew School of Public Policy, National University of Singapore Former Chairman, Kerry Logistics Former Singapore Foreign Minister

    Siddharth Tiwari
    Tiwari
    Siddharth Tiwari
    Chief Representative for Asia and the Pacific, Bank for International Settlements
    Heiwai Tang
    Tang
    Heiwai Tang
    Associate Director, Asia Global Institute

    Post-pandemic, multilateralism – the mastery of globalization through international collaboration – must be renewed and strengthened. The US and its Western allies and partners call for the shoring up of the postwar liberal rules-based international order. But should the goal be simply to strengthen existing mechanisms and institutions? How can multilateralism work better in a decoupling world or a divided and divisive global system? What are the implications for regional groups such as ASEAN and APEC, the RCEP and CPTPP trade groupings, new institutions such as the Asian Infrastructure Investment Bank (AIIB), plurilateral arrangements such as the Quad and the Shanghai Cooperation Organization (SCO), economic integration and collaboration programs such as the Belt and Road Initiative (BRI), and regional and global public health and health security frameworks that have been tested during the pandemic? What new models of world order should be explored or expanded? Can Asia lead?

  • Fireside Chat: Mapping Global Imbalances: A One-Earth Balance Sheet

    Andrew Sheng
    Sheng
    Andrew Sheng
    Distinguished Fellow, Asia Global Institute

    Bing Song
    Song
    Bing Song
    Vice President, Berggruen Institute

    Every few years a crisis – the present pandemic as well as the 2008-2009 recession – highlights the inadequacy of GDP and its supporting economic metrics for measuring global progress and prosperity. And while there is almost universal agreement that GDP fails to accurately capture the importance of climate action, sustainability, inclusivity, global cooperation and even happiness, there has been no significant shift to other measures such as the renowned One-Earth balance sheet. What is needed to make progress at scaling the use of better metrics? How and why should Asia be the laboratory for the one-earth balance sheet?

  • Rethinking Growth and Sustainability: Can Asia Lead?

    Zhiwu Chen
    Chen
    Zhiwu Chen
    Director, Asia Global Institute

    Ma Jun
    Jun
    Ma Jun
    Founding Director, Institute of Public & Environmental Affairs (IPE)

    Erik Solheim
    Solheim
    Erik Solheim
    President, Green Belt and Road Institute; Vice Chair, CCICED; and Former Minister of Environment Norway

    Anderson Tanoto
    Tanoto
    Anderson Tanoto
    Managing Director, RGE Pte Ltd
    Pamela Mar
    Mar
    Pamela Mar
    Executive Vice President – Knowledge and Applications, Fung Group

    The silver lining of the pandemic is that it stopped “business as usual” and gave communities, markets, and businesses the opportunity to reflect on and reset priorities. The important conversations around human health, environmental resilience, and social responsibility are only just beginning. And while there is broad acknowledgement that economies need growth in order to produce resources for the recovery, there is also a push to ensure a higher quality of growth that is compatible with human and environmental well-being. How are Asia’s key economies taking on the challenge to reshape and reset for the future? What new expectations and opportunities are being created for companies and supply chains that can help deliver the sustainable economy?

  • The Global Economy: New Drivers of Growth

    Kathy Matsui
    Matsui
    Kathy Matsui
    General Partner, MPower Partners

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

    Bing Wang
    Wang
    Bing Wang
    Deputy Chief Executive, Bank of China (Hong Kong)
    Alejandro T Reyes
    Reyes
    Alejandro T Reyes
    Director of Knowledge Dissemination and Adjunct Professor, Asia Global Institute

    Nearly two years after the onset of the pandemic, what are the key drivers of the global economy? Digitalization is transforming how businesses connect with consumers and collaborate with each other; a new health and wellness agenda is transforming the world of work; businesses are committing to carbon neutrality; and investors are agitating for real and faster change. How might these and other growth drivers reshape the world ahead? What can businesses and policymakers do to make the most of these changes?

  • Closing Remarks

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

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

Videos

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AGD2021: Welcome and Opening
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AGD2021: Welcome and Opening
AGD2021: Recovery and Renewal: Globalization After the Pandemic
AGD2021: Asia and a New Multilateralism
AGD2021: Fireside Chat: Mapping Global Imbalances: A One-Earth Balance Sheet
AGD2021: Rethinking Growth and Sustainability: Can Asia Lead?
AGD2021: The Global Economy: New Drivers of Growth
AGD2021: Closing Remarks
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