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Redefining Globalisation: Can Asia lead the world?
1.
1 1 SimplyBrilliant–HowGreatOrganizationsDoOrdinaryThingsIn ExtraordinaryWays! Redefining Globalization: CanAsialead theworld? 19/01/2018
2.
2 2 AboutUpohan AsiaataGlance TheGlobalizationConundrum
3.
3 3 unearth yourstrategy unlock yourprocesses unite humancapital uplift decisionmaking unlearn capabilities Whatdowedo?
4.
4 4 UnitedStatesUnitedKingdomGermany Mauritius IndiaNigeria SouthAfrica 15countriesandcounting…Workhastakenusfarandnear SaudiArabia UnitedArabEmirates EgyptHongKong Qatar 200 a year 10,000
a year KM SingaporeIndonesiaKuwait
5.
5 5 Wehaveworkedacross16citiesinIndia
6.
6 6 Ourconsultingworkspansacrossmultipleindustriesandsectors ManufacturingAutomotive Technology ConsumerGoods&ServicesEducation InsuranceRealEstateTelecommunication MediaBankingFinancialServicesTrading
7.
7 7 FromSMEstolargeconglomerates,wehaveworkedwiththemall
8.
8 8 AboutUpohan AsiaataGlance TheGlobalizationConundrum
9.
9 9 Asiaisageographic,economicandculturalexpanseof48diverse countries
10.
10 10 Withabludgeoningpopulationinexcessof4billion,Asiarepresents nearly60%oftheworld’spopulation Globalpopulation,ADB2017
11.
11 11 TheAsianeconomicblocofcountriesaccountsforoverathirdofglobal GDP
12.
12 12 From12%ofglobalGDPinthe1960stoone-thirdtoday,Asia’s economicgrowthhasbeenfueledbyJapan,Korea,ChinaandIndia Japanre-established itselfasaneconomic powerhousetolead Asiaintoaperiodof growthandrecovery postWorldWar2 TheRepublicof Koreausheredthe nextwaveby pursuingpoliciesto boostproduction andexports China’seconomic growthtookoffin the1980swith domesticmarket reformsandanopen tradepolicy Indiagradually embracedeconomic reformsin1991with tradeliberalization andabolishmentof licenserajregime ShareofGlobalGDP,ADB2017
13.
13 13 Asia’semergenceasaglobaleconomicheavyweightisslatedto continue,withChinaandIndialeadingthebrigade RebalancingofChina’seconomicgrowthmodelwilleaseitsgrowthtrajectory Indiawillsurgeonthebackofreformsthatwillboostinvestmentandproductivity RealGDPgrowth(y-o-y)
14.
14 14 Asiancompaniesnowmakeup40%oftheFortuneGlobal500list
15.
15 15 TheAsianregionishometosomeoftheeconomieswiththehighest averagelifeexpectancyintheworld TodayanewborninAsiaisexpectedtolivefor71years LifeExpectancy,ADB2017
16.
16 16 However,Asia’srapidlyageingpopulationrunstheriskofgrowingold beforebecomingrich Japanissettobecomethefirstultra-agedcountrywith28%ofthepopulationover65yearsage AfifthofthepeopleinSouthKoreaareexpectedtobe65by2030 Singaporelaboursupplyforecasttodeclineby1.7%inthe10yearsthrough2026
17.
17 17 AnopportunitydoesexisttoboostGDPbyclosingthegendergapinthe Asianemploymentmarket JapaneseGDPcanincreaseby9% SouthKoreanGDPcanincreaseby10% IndianGDPcanincreaseby27%
18.
18 18 Despitethepositiveindicatorsofeconomicrevival,Asia’sGDPgrowthis expectedtomarginallydeclinefrom5.9%in2017to5.8%in2018 5.8% 5.9% 5.8% 201620172018
19.
19 19 Ontheflipside,astheregionhasprospered,itsgrowthhascomeata cost;CO2emissionsfromAsiaarenearlyhalftheglobaltotal China,IndiaandIndonesiaareguiltyofleadingtheAsianpackinemissions CO2 Emissions, ADB
2017
20.
20 20 TheAsianjuggernautissurgingforward,butarethekeygrowthdrivers inplace? Strongdemographics Robustmacrofundamentals Tradeintegration Geopoliticalstability
21.
21 21 AboutUpohan AsiaataGlance TheGlobalizationConundrum
22.
22 22 Theworldisincreasinglybecomingasombreplace,asevidentfromthe responsestoarecentsurveyof19countriesbyTheEconomist Doyouthink theworldhas gotbetteror worseinthe past12 months,or hasthere beenno change?
23.
23 23 Globalizationisadouble-edgedswordandisadominantyet controversialeconomicforceintheworldtoday
24.
24 24 Inthemidstofthecurrentscepticaltimes,globalizationisawordoft usedbutlittleunderstood Globalization1.0was largelyconfinedtothe cross-borderexchange oftangiblegoods Globalization2.0isfar broader,including growingtradeinmany intangibleservices GlobalizationhasNOTmadetheworldflat.Theworldmayhavebecomesmaller butthepeaksandvalleysstillexist…
25.
25 25 …asvalidatedbyTheEconomist’slatestissuewhichprobesintothehole thatexistsinplaceoftheIndianmiddleclass
26.
26 26 Globalization2.0ischaracterizedbythespeedoftechnologyabsorption anddisruption
27.
27 27 Asiawillhavetoembracetechnologycautiouslyinitsquestforleading theworldintoglobalization Globalsupplychainswillbeadversely impactedbyroboticsandAI 3DmanufacturingandJITproduction capabilitiesargueforsmallersupplychains andde-centralization
28.
28 28 SomebodyforgottoinstructChinatobringdownTheGreat(fire)Wallif itwantstobetheposterboyforglobalization
29.
29 29 Globalization’srampantspreadwasfosteredbykeyfactorsthatworked inunison Migration Communication Corporations Commerce Energy ClimateChange
30.
30 30 Globalizationisincreasinglylosingtheplottonationalistpopulism
31.
31 31 Theleaderofthefreeworldissinglehandedlythwartingglobalization
32.
32 32 Globalizationisgettingmiredingeopoliticalshifts ChinaisassertingitselfinthePacific MuddlingMiddleEasternevents TheKoreanquandary Exodusofrefugees
33.
33 33 Asiaislikelytoremainageopoliticalcauldronintheforeseeablefuture Hotbedofterrorism Territorialdisputesbetweenvirtuallyallcountries Religiousandethnicconflicts Biggestconcentrationofcurrentandpossible futurenuclearpowers
34.
34 34 Globalizationisnowwellandtrulyengulfedinanairofsusceptibleand vulnerablemalaise Developedcountriesseemmore intentonbreakinguptheirown integratingstructuresthan establishingnewglobalrelationships Sanctions,cyberwarfare, proliferationoffakenews, ‘alternativefacts’areall hurtingglobalizationefforts
35.
35 35 Recenttrendsinglobaltradearealsoflashingwarningsigns AccordingtotheInternationalMonetaryFund, annualgrowthinthevolumeofworldtrade hasaveragedjust3%overthe2009-2016 period–halfthe6%ratefrom1980to2008
36.
36 36 Japanesedeflationarywoesshownosignsofabatement
37.
37 37 TheReminbimayhavebeenincludedinIMF’sSDRcurrencybasketbut sluggishgrowthanddebtservicinghaveweakenedthedragon’smight
38.
38 38 ThejuryisstilloutonwhetherIndiawillreapanysustainablebenefits outoftherecentreforms
39.
39 39 Thereisnosingleconception,voiceoridentityofAsia ConformistAdaptiveRevisionist
40.
40 40 Chinese,IndianandJapaneseforeignpolicieshaveevolvedbuthavenot ledtogreaterleadershipinglobalgovernance NationalAspirationsvs.GlobalGovernance
41.
41 41 SowhatcanAsiadototaketheleadandchampionthecauseof globalization? InstitutionslikeAIIBandADB Movefromone-hubglobalizationto multiple-hubglobalization Digitalpushforovercominginfrastructure hurdles
42.
42 42 SowhatcanAsiadototaketheleadandchampionthecauseof globalization? IntraregionalFDIinflows Fightthewarfortalentandinnovation Governmentintentbackedwithexecution
43.
43 43 ThelargerAsiangiantscantakealeafoutofSingaporegovernment’s booktolookbeyondvalueaddingtovaluecreationatagloballevel
44.
44 44 Canacompanybeglobalintheabsenceofoffices,customersand suppliersineverynookandcorneroftheworld? CultureandDiversity Thoughts Processes Relevance
45.
45 45 Globalizationisafactoflife,butdonotunderestimateitsfragility REALITY?HYPE?
46.
46 46 ThankYou
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