Asia has not decoupled, says UN’s Supachai

The world has seen a significant amount of rebalancing in recent years, perhaps most noticeably when it comes to the global economy, where there has been a growing shift towards fast-growing developing economies since the global financial crisis in 20082009.

Contrary to the developed countries in the West, which suffered deep and potentially permanent scars as a result of the crisis, most developing economies, in Asia and elsewhere, have seen V-shaped recoveries that have allowed them to recover whatever ground was lost back then.

Supachai Panitchpakdi

But Asia hasn’t decoupled, Supachai Panitchpakdi, the secretary-general of the UN...