How can Asia tackle tough economic conditions?

Mar 8, 2016

Farmers plant saplings in a rice field on the outskirts of Srinagar June 10, 2015. India's farm economy could contract this fiscal year for the first time in over a decade because of drought, threatening Prime Minister Narendra Modi's drive to lift millions in the countryside out of poverty and bolster his party's support. Picture taken June 10. To match INDIA-ECONOMY/AGRICULTURE Farmers plant saplings in a rice field on the outskirts of Srinagar June 10, 2015. India's farm economy could contract this fiscal year for the first time in over a decade because of drought, threatening Prime Minister Narendra Modi's drive to lift millions in the countryside out of poverty and bolster his party's support. Picture taken June 10. To match INDIA-ECONOMY/AGRICULTURE REUTERS/Danish Ismail - RTX1GI7Nl - RTX1GI7N

Farmers plant saplings in a rice field. Image: REUTERS/Danish Ismail.

Changyong Rhee

Director, Asia and Pacific Department of the International Monetary Fund

Our Impact

The Big Picture

Explore and monitor how Economic Progress is affecting economies, industries and global issues

A hand holding a looking glass by a lake

Crowdsource Innovation

Get involved with our crowdsourced digital platform to deliver impact at scale

Stay up to date:

Economic Progress

Don't miss any update on this topic

Create a free account and access your personalized content collection with our latest publications and analyses.

License and Republishing

World Economic Forum articles may be republished in accordance with the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International Public License, and in accordance with our Terms of Use.

The views expressed in this article are those of the author alone and not the World Economic Forum.

Global Agenda

The Agenda Weekly

A weekly update of the most important issues driving the global agenda

Subscribe today

You can unsubscribe at any time using the link in our emails. For more details, review our privacy policy.

More on Economic Progress
See all

Africa embraces local currencies for cross-border payments

Christopher Adam

December 1, 2023

Eurozone inflation continues to fall, and other economy stories to read this week

Rebecca Geldard

December 1, 2023

Huawei: Harnessing digital innovations to bring positive change into people’s lives

Ken Hu

December 1, 2023

1:52

Huawei: Harnessing digital innovations to bring positive change into people’s lives

This is what the climate crisis is costing economies around the world

Emma Charlton

November 29, 2023

Global economic growth to slow in 2024, and other economics news to read this week

Rebecca Geldard

November 17, 2023