In Asia: Weekly Insight and Features from Asia

From January 25-29, the world’s most powerful leaders from the public and private sectors gather in the Swiss town of Davos to try to agree on measures that will eventually impact billions of people across the world. The event is being held against an unprecedentedly gloomy global economic picture. The World Bank
recently reported that the world economy will grow by only 2.5 percent in 2012, far below initial estimates of 3.6 percent. In Europe, leaders have yet to come up with a comprehensive solution to the eurozone crisis.

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For much of the past two decades, many Southeast Asians have expressed frustration that U.S. policy treated their region with benign neglect or indifference, and that the United States’ attention was episodic rather than consistent. In 2011, the Obama administration announced that the U.S. needed to make “a strategic pivot” in its foreign policy…

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In 2011, Asia grappled with a host of devastating shocks, both natural and man-made. As challenging and economically harsh as they have been, they have provided an opportunity for Asia’s emerging economies to dramatically assert their economic resilience and regional influence.

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One of the virtues of a regular exercise at peering into a new year is that you can check your own predictions from the past year. My predictions that I made here for the Philippines in 2011 were correct in three of four instances: Peace talks did begin (those with the Moro Islamic Liberation Front had more progress than those with the National Democratic Front)…

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My colleagues in The Asia Foundation’s Environment Program recently returned from Bangkok, where the Asia-Pacific Climate Change Adaptation Forum they were scheduled to attend was canceled due to the worst flooding in Thailand in 60 years. The disaster resulted in over 600 deaths, approximately 10 million lives affected, $21 billion in lost revenues from major industries, and an estimated $24 billion dollars in damage to property…

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