Ken Henry

We’re living through an extraordinary period in economic and social history. Never before have such rapid economic transformations taken place on such a large scale. Asia’s rise is, of course, changing the world. …
When we speak about Asia’s prospects in the decades ahead we have to bear in mind that its success is not set in stone. Just as no single model accounts for the success experienced by Asian nations to this point, there is unlikely to be a single model for their futures.
The nations of Asia will each need to find their own paths forward — economically, politically and institutionally.
It is reasonable to expect, however, that productivity will be the main driver of economic growth in Asia for the next decade at least.