Global Innovation & Technology Forum

Summary

The World Economic Forum (WEF) has predicted that the year 2020 marks the re-emergence of Asia. For the first time since the 19th century, Asian economies will become larger than the rest of the world in purchasing power parity (PPP) terms. Despite the economic aftermath of the coronavirus pandemic, the International Monetary Fund said emerging Asian economies are the only region with anticipated GDP growth – albeit by a mere 1% – in 2020. As the region’s focus shifts up a gear to drive the new economy by strengthened interregional cooperation, and targeting technology, human capital and…

Description from South China Morning Post.