For more than four decades, East Asia, including ASEAN, has been one of the world’s greatest development success stories, lifting hundreds of millions out of poverty and transforming many economies into middle-income or even high-income status.The foundations of this success are changing. East Asia is ageing rapidly. Global trade is slowing and becoming increasingly fragmented. Artificial intelligence is reshaping comparative advantage and threatening jobs. Climate change is intensifying pressures on food and energy systems. Citizens expect a higher quality of life.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles