Frost Radar™ for Economic Development: Broader Asia, 2021

Frost Radar™ for Economic Development: Broader Asia, 2021

  • October 2021 •
  • 26 pages •
  • Report ID: 6186257 •
  • Format: PDF
The radar™ for Economic Development determines a region’s future growth and development potential measured by its ability to enhance citizen satisfaction of quality of life. This report explores Broader Asia’s strengths and weaknesses through country-level assessments of growth and innovation initiatives and benchmarks each country on these two indices. The Broader Asian economy started with positive economic recovery in early 2021 before the Delta variant dampened growth prospects, beginning with South Asia in April 2021 and East and Southeast Asia in H2 2021. The radar™ for Economic Development: Broader Asia, 2021 diagnoses the significant challenges to the region’s growth environment, including soaring viral caseloads due to the Delta variant, lagging vaccination rates, and resultant supply chain vulnerabilities that impede faster recovery. By measuring performance against the major sub-pillars of the Innovation in Education, Healthcare, Environment, Infrastructure, Citizen Centricity, and Security, the radar™ offers insights into the regional economic pulse and identifies drivers underpinning the region’s growth momentum, such as ambitious carbon neutrality targets.In this research, Frost & Sullivan indexes the top 10 economies in Broader Asia and Emerging Asia to determine what makes them regional leaders. The Radar is intended to empower governments, policymakers, investors, and businesses to identify strategic imperatives for future growth.