Ashraf Ghani

Economic integration in Asia

Asia as a concept is in tension with the unfolding of the continent as an emerging economic force. 500 years of turmoil have been enacted on the Asian setting and, today, Asia remains the setting of a series of conflicts. Simultaneously, a different Asia is taking shape.

Tuesday 13.03.2012

In the last 4 years, intra-Asian trade has exceeded Asian trade with Europe and North America. 40 % of global trade comes from Asia. The transformations in China, India, North and East Asia, the Gulf, and Turkey are shaping and changing the character and dimensions of the global economy. Ashraf Ghani explores the reshaping of the Asian economy through the lens of the 21st century Silk Road as both a metaphor and transformative infrastructure. According to Ghani the current key constraints of the 21st century silk road are: governance, market and infrastructure. He explores the thesis of the end of the long Asian civil war.

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Dr. Ashraf Ghani, Chairman of the Institute for State Effectiveness, was named as among the most influential global thinkers for his work on fragile states (named among 100 top global thinkers by the Foreign Policy). As Adviser to the UN Secretary General he advised on the Bonn Agreement for Afghanistan, and then as Afghanistan's Finance Minister between 2002-2004 he is credited with a series of successful reforms in Afghanistan, including reform of the treasury, customs, budget and the currency. He prepared Afghanistan's first National Development Framework and Securing Afghanistan's Future, a $28bn reconstruction program for the country. In 2010, he developed and facilitated the successful Kabul Conference and Process to build internal consensus and external alignment on priorities in Afghanistan. Ghani was named best finance minister in Asia by the Emerging Markets in 2003.

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