How Asia Can Shape the World: From the Era of Plenty to the Era of Scarcities

How Asia Can Shape the World: From the Era of Plenty to the Era of Scarcities
ISBN-10
9814311332
ISBN-13
9789814311335
Category
Business & Economics
Pages
540
Language
English
Published
2011
Publisher
Institute of Southeast Asian Studies
Author
J. Ørstrøm Møller

Description

Asia will redraw the map of economic progress over the next twenty-five years. Growth is necessary to solve economic and social problems, but harder to achieve as the age of plenty gives way to the age of scarcities. The challenge opens the doors for an Asian economic model based on shifting of productivity for the individual to groups, ecological productivity instead of economic productivity, and a reversal to traditional Asian values - less materialistic than Western values. A new paradigm for economic thinking emerges to replace the one launched in the West 200 years ago.

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