Has Asia Lost It?
Dynamic Past, Turbulent Future
Covid-19 has exposed developing Asia’s social, political, and economic fault-lines. In a region obsessed with high economic growth, inequality is rising and social mobility has stalled. In his new book, well-known expert Vasuki Shastry argues that while Asia’s reckoning may have been subject of speculation before the pandemic, Covid-19 has made that inevitable. After benefiting from investment, and trade for several decades, the region’s durable economic model is facing headwinds due to pressures on globalisation and the US-China trade war. Can Asia remain the greatest show on earth?
Vasuki Shastry
Associate Asia Pacific Fellow
Chatham House
Vasuki Shastry is a former journalist who has worked at the International Monetary Fund, the Monetary Authority of Singapore, and Standard Chartered Bank, and is currently serving as an associate Asia-Pacific fellow at Chatham House.
