The concrete measures will vary for each economy as they face a unique set of challenges, and each economy will have to make its own decisions. Nevertheless, there may also be common challenges such as liberalizing regulations so as to create an environment conducive to innovation, and strengthening economic governance in order to enhance transparency and social fairness.
To add to this, improving education levels is crucial to making the best of human resources. I strongly believe Asia can overcome these challenges. 4. Enhancing regional cooperation in Asia  In discussing the Asian Century, the question naturally arises as to how its realization would contribute to the stability of the region and the global economy.