ASIA's emerging markets need to diversify sources of growth to boost GDP, while the advanced economies gradually rebuild their balance sheets. The successful economies of Tomorrow will focus on effectively transforming themselves through growth that reaches more people, especially the poor so, the growth must be more inclusive, green and knowledge-led.

The ASEAN Global Dialogue brings together leaders and key officials from ASEAN and East Asia countries, as well as development partners, to explore challenges and discuss solutions to a range of issues facing the region, including the ongoing global financial crisis, climate change, conflicts, and food and energy security. The global growth remains sluggish, developing Asia is in better shape with 6.1% growth expected this year, but the ASEAN economies have shown particular resilience.

It is estimated that 420 million Asians will enter the labor market by 2030, job creation will remain a daunting challenge for the region. Infrastructure development is essential to job creation efforts, and in response to ASEAN's massive infrastructure needs the ASEAN Infrastructure Fund was created earlier this year. Free trade and greater macroeconomic cooperation within the region will enhance efficiency, strengthen stability and sustain growth is the need of the hour.