Economy Cluster Findings - The Future of Asia: Implications for Canada

This report examines the future economic landscape of Asia and its implications for Canada, focusing on Asia's rise, digital economy, and collaborative economy, and the resulting policy challenges and opportunities for Canada.

The research method involved analyzing existing and emerging developments, known as “insights,” to understand potential future changes and their consequences. It also included exploring plausible scenarios and identifying robust assumptions using the Horizons Foresight method.

Talks about the “Policy Horizons” approach but this specific report makes it unclear if that process was followed in its entirety

• Qualitative methods used
• Exploratory in nature

The study explores Asia's resurgence as an economic powerhouse and the concurrent technological advancements that will impact global economies. It discusses Asia's consumer class growth, digital infrastructure, job unbundling, virtual services, and collaborative economy. It also addresses the economic and policy challenges Canada may face, such as adapting to a new economic center, disrupted labor markets, taxation pressures, trade dilemmas, and policy lever pressures.

Drivers mentioned include:

• Asia is Rising
• The New Digital Economy
• Collaborative Economy

Categories: 2015 publication year | 2030 time horizon | 2030s time horizon | 2035 time horizon | Asia geographic scope | Canada geographic scope | English publication language | Global geographic scope | asia's rise | collaborative economy | consumer class | digital economy | digital transformation | economic challenges | economic leadership | economics | emerging technologies | geopolitics | intellectual property | job unbundling | other geographic scope | ownership unbundling | virtual services | workforce