Skip to Main Navigation

Launch of Regional Flagship Report in Malaysia – ‘Riding the Wave: An East Asian Miracle for the 21st Century’

December 5, 2017

World Bank Group Global Knowledge and Research Hub in Malaysia, Universiti Kebangsaan Malaysia and Institute of Democracy and Economic Affairs (IDEAS)

  • Developing East Asia has led the way in showing how rapid and broadly-shared growth can lift millions out of poverty. As this report shows, the region has achieved even more: the wave of prosperity across the region since the 1980s has lifted three out of five of its citizens into economic security, where their risk of falling into poverty is minimal. Alongside this, a solid middle class has emerged in most countries.

    However, these successes do not guarantee that inclusive growth—growth that reduces poverty and provides upward mobility and economic security for all—is assured. Performance across the region has become more diverse, with progress varying across countries, and extreme poverty increasingly concentrated within specific groups. Roughly a fifth of the region's population still remains at risk of falling into poverty, and prospects for upward mobility are seen as increasingly elusive, reflecting a growing concentration of income and wealth and limited access to basic social services. Old and new challenges, including a rapidly-aging population and less certain growth prospects, are also increasing the premium on economic security for all. Riding the Wave  is about how countries across the region can effectively confront these challenges and achieve inclusive growth.

  • 9:00am – 9:30am


    9:30am – 9:40am

    Welcome Remarks:  YBhg. Prof. Tan Sri Dato’ Seri Dr. Noor Azlan Ghazali, Vice-Chancellor, National University of Malaysia

    9:40am – 10:00am

    Presentation by Dr. Caterina Ruggeri Laderchi,  Co-author, Senior Economist, World Bank

    10:00am –10:45am

    Panel Session

    • Dr. Sudhir Shetty, Chief Economist for East Asia and Pacific, The World  Bank Group


    • Prof Datin Dr. Norizan Abdul Razak, Director of Women Leadership Centre and Chair for Grand Challenge on B40 Empowerment, National University of Malaysia


    • Ali Salman, Director of Research, Institute for Democracy and Economic Affairs


    10:45am– 11:15am

    Q&A session

    11:15am -11:30am

    Closing Remarks


  • When: Tuesday, December 5, 2017; 9:00 – 11:30 a.m.
  • Where: Senate Room, Level 5, Chancellory Building, Universiti Kebangsaan Malaysia, Bangi, Selangor