Asia Pacific‘s leading platform for sustainable development
Opinion / 越南
The vast minority of middle-income countries graduate to high-income status. Past strategies that prioritised physical capital must give way to a quality of growth approach premised on investment in human and natural capital.
Instead of allowing external powers to dictate their development, China, India, Japan, South Korea, and Vietnam have balanced strategic international engagement with domestic capacity-building and decision-making. This model has become newly relevant for Canada, the United Kingdom, and other middle powers.
Asean should enhance efficiency of fertiliser application, increase local fertiliser production, and fortify policies on pesticides and seeds.
Will scaling biofuels in Southeast Asia make the region more resilient to oil shocks, or does it introduce new vulnerabilities? Structural risks must be addressed as biofuels take a larger share of the transport fuel mix.
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