Just what the world needs – another think tank. Except that maybe, just maybe, this is a good idea. This week saw the launch of the Fung Global Institute, a self-styled Hong Kong-based independent research institute that wants to be the Brookings of Asia. Its mission is to produce “business-relevant research on global issues from Asian perspectives”.
There are a few red flags here, of which later. But the idea itself is timely. If Asia continues to grow at anything like its current pace, it will play an increasingly important role in the global economy. Yet it lacks anything like a coherent, intellectual voice. The global dialogue is being held in Washington, New York and London. Asia’s views deserve to be heard more – and not just in cacophony of a forum like the G20. Read more