Bisnis, JAKARTA — The economies of Asian countries are projected to continue contributing significantly to global economic growth despite challenging periods.
During the Asia Media Day event hosted by McKinsey & Company, a full-day program in Seoul, South Korea, on Thursday (10/19/2023), the international research institution revealed that Asia has successfully led global economic growth in recent decades.
However, with its success in playing a pivotal role in the world with a large population and technological innovation, the region is now facing challenging times and requires a series of new strategies.
Jeongmin Seong, a partner at McKinsey Global Institute (MGI), mentioned that in the past, Asia, including South Korea, benefited considerably compared to other regions, especially in terms of major global trends like globalization and digitization.