Economics & Finance / Macroeconomics / Economic Development & Transition

Why Asia's Boom Is Failing Its People: The Shocking Truth About Inclusive Growth

Achieving Inclusive Growth in the Asia Pacific

Miles Corak, Kevin J. Mumford, Juzhong Zhuang

For decades, Asia has been the world's fastest-growing region. But behind the GDP numbers, a crisis is brewing: inequality is skyrocketing, and most people are being left behind. In this video, we break down the key findings from the book 'Achieving Inclusive Growth in the Asia Pacific' by experts like Miles Corak, Kevin J. Mumford, and Juzhong Zhuang. You'll discover why GDP is a misleading measure of progress, how education in China has become a trap for the poor, why India's economy is creating jobs that don't pay, and how automation is about to destroy millions of livelihoods. We also reveal the surprising policies that could fix it all—from extending retirement to 75 in Japan to taxing the rich in China. If you want to understand why your country's growth isn't making you richer, and what can be done about it, this is the video you need to watch.