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Karishma Vaswani

The great ‘Asian dream’ has hit a roadblock

Across the continent, middle-class families are forced to rethink spending priorities as household wealth erodes. What can policymakers do?

Karishma VaswaniColumnist

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How quickly is Asia’s middle class growing? Not as fast as it needs to keep pace with aspirations. Policymakers need to focus on boosting livelihoods but also on improving the quality of lives for citizens to achieve the “Asian dream”.

Until that happens, it will be more myth than reality.

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Bloomberg Opinion

Karishma Vaswani is a Bloomberg Opinion columnist covering Asia politics with a special focus on China. Previously, she was the BBC’s lead Asia presenter and worked for the BBC across Asia and South Asia for two decades.

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    Original URL: https://www.afr.com/world/asia/the-great-asian-dream-has-hit-a-roadblock-20250107-p5l2hf