asia's consumption challenge

Salvation for Asia lies in consuming less

The way forward for Asia is to stop emulating the West and instead reduce consumption levels, argues Chandran Nair.
<div style="text-align: left;"> Asian economies are asleep at the wheel, says Chandran Nair </div>
<div style="text-align: left;"> Asian economies are asleep at the wheel, says Chandran Nair </div>
May 05, 2011

The path of consumption-fuelled capitalism that has driven development in the West threatens to become a crippling burden for Asia, according to Chandran Nair, founder and chief executive of the Global Institute For Tomorrow (Gift).

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