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Lee Kuan Yew School of Public Policy


Asia’s remarkable economic transformation and rise: learning from a half-century of development


Hong Siew Ching Speaker Series



13th February 2020
17:15 - 18:30


Seminar Room 3-1, Level 3, Manasseh Meyer, Lee Kuan Yew School of Public Policy, Singapore


Professor Deepak Nayyar



The lecture analyses the phenomenal transformation of Asia, which would have been difficult to imagine, let alone predict, fifty years ago. In doing so, it provides an analytical narrative of this remarkable story of economic development, situated in the wider context of historical, political and social factors, and an economic analysis of the underlying factors, with a focus on critical issues in the process of, and outcomes in, development. The analytical conclusions drawn contribute to contemporary debates on development and highlight some lessons from the Asian experience for countries elsewhere. This transformation has been uneven across countries and unequal among people. Yet, Asia’s economic progress in this short time span has been remarkable and almost unprecedented in history. It is beginning to shift the balance of economic power in the world. At this juncture, however, the world is also confronted with mounting economic problems and political challenges, so that the uncertain future is a challenge.


Professor Deepak Nayyar, Emeritus Professor, Economics, Jawaharlal Nehru University, New Delhi and Honorary Fellow, Balliol College, Oxford


Professor Danny Quah, Dean and Li Ka Shing Professor in Economics, Lee Kuan Yew School of Public Policy

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