Will Robots Disrupt East Asia’s Development Model? Technological Change and the Future of Jobs in the Region #ResurgentEastAsia

How will technologies of the Fourth Industrial Revolution Impact East Asia's growth?

East Asia’s economic success has depended largely on its outward-oriented, labor-intensive growth model. How much will rapidly changing technologies such as artificial intelligence disrupt East Asia’s traditional development model? This panel of leaders within the spheres of A.I., education policy, and A... view more


Part 1: Victoria Kwakwa, Vice President, East Asia and Pacific at The World Bank asks some important questions about how technologies are adopted and diffused and how countries in East Asia and the Pacific could prepare for a more technologenically driven future. 


Part 2: Will robots disrupt East Asia's development model? If yes, will that disruption help or contraint countries' development efforts? 


Part 3: What excites or concerns the panelists most about the economic repurcussions of these technological disruptions? 


Part 4: How quickly do we see automation happening in the large globally-linked countries, especially China? 


Part 5: As we talk about educational policy, there is a need to change the the way children are educated today. Dr. Ju-Ho Lee talks about the high-tech and high-touch learning model.







Part 6: What about the poorest countries in East Asia? With the rise of AI an Robotics, is there still a development pathway forward and what might that pathway look like?


Part 7: Digital revolution is not only active in manufacturing but also in services - both big drivers of growth. How has technology changes in the service sector impact job, productivity and growth? What are the spillover effects, particulalry when we look at small informal enterprises? 

About the Presenters

Rachelle Akuffo

Journalist, CGTN America

Rachelle Akuffo is the Washington D.C.-based anchor of Global Business America. The British-Ghanaian journalist joined CGTN America in February 2012 and has interviewed a range of CEOs and leading newsmakers, and reported on some of the world’s most pressing issues. Rachelle also launched the show’s award-winning startups segment, Starting Block.

Sree Ramaswamy

Partner, McKinsey Global Institute

Sree Ramaswamy is a Partner at the McKinsey Global Institute (MGI), McKinsey’s business and economics research arm. He leads research on the economics of digitization and the economics of multinational corporations. He is also responsible for shaping MGI’s research initiatives, leading research on trends in competition, technology, and global forces influencing multinationals.

Dr. Ju-Ho Lee

Professor, KDI School of Public Policy and Management, and the former Minister of Education of Korea

Professor Ju-Ho Lee served at the Minister of Education, Science, and Technology of Republic of South Korea from 2010 to 2013. Before joining the ministry as a Vice Minister in 2009, he was Senior Secretary to the President for Education, Science, and Culture. He has been recognized for his education reform endeavors and active lawmaking as a member of the National Assembly (2004-2008). His policy entrepreneurship began when he worked as a research fellow in Korea Development Institute (KDI) and as a professor of KDI Public Policy and Management. He has written many articles and books including Human Capital and Development: Lessons and Insights from Korea’s Transformation (2018) and Positive Changes: The Education, Science & Technology Policies of Korea (2012). He is actively working for the international community as a Commissioner of the International Commission on Financing the Global Educational Opportunities, a Commissioner of 3ie and a Chair of the Education Workforce Initiative.

Tu Ngo

Co-Founder, YOLA (Your Online Learning Assistant), Vietnam

Tu Ngo is an education and tech entrepreneur who is committed to developing human potential. After graduating from Stanford University with a major in Public Policy in 2009, Tu Ngo co-founded YOLA, the fastest growing education company in Vietnam providing English and critical thinking skills training both online and offline. YOLA currently serves over 30,000 students. Tu Ngo also helped found ELSA, an English pronunciation training mobile app with more than 4 million downloads worldwide. She also mentors startup founders and community service leaders in Southeast Asia.

Dr. Yasuyuki Sawada

Chief Economist, Asian Development Bank

Yasuyuki Sawada has been the ADB’s Chief Economist since 2016. Mr. Sawada is the chief spokesperson for ADB on economic and development trends and leads the Economic Research and Regional Cooperation Department (ERCD), which publishes ADB's flagship knowledge products. Mr. Sawada is also a Professor in the Faculty of Economics at the University of Tokyo, Japan. Mr. Sawada is a highly qualified global macro- and micro-economist with deep hands-on field experience. He has expertise on how to measure and maximize development impacts of projects and has led multiple policy-oriented research projects that cut across a wide range of sectors and themes.