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Yuwa Hedrick-Wong

Yuwa Hedrick-Wong

Yuwa Hedrick-Wong
Global Economic Advisor, MasterCard Worldwide

Yuwa Hedrick-Wong is currently Adjunct Professor at the Sauder School of Business, University of British Columbia, Vancouver, B.C. Canada.
Yuwa is a business strategist and economist with 25 years of experience gained in over thirty countries. He is a Canadian who grew up in Vancouver, British Columbia, and spent the last 20 years working in Europe, Sub-Sahara Africa, the Indian Sub-continent, and Asia/ Pacific. He has served as strategy advisor to over thirty leading multinational companies in the Asia/Pacific region.
In 2009, Yuwa was appointed as Global Economic Advisor to MasterCard Worldwide. Prior to this role, he was Economic Advisor to MasterCard in Asia/Pacific, a position he held since 2001. As economic advisor, he chairs a MasterCard Knowledge Panel of leading economists, policy analysts, academics and business strategists for regular exchange and knowledge sharing. In 2007 he was appointed Advisor at Southern Capital Group, a private equity fund; and in 2008 he was appointed to the Investment Council of ICICI, India’s largest private bank.
Yuwa is a frequent speaker at numerous international high-profile conferences. Recent presentations include the Morgan Stanley Investment Forum, McKinsey & Co’s Kitzbeuhel Forum, the BusinessWeek CEO Forum, Asia Business Conference at Harvard University, the Indian Economic Summit, and the Annual Asia Leadership Forum. He has also spoken at, among others, The Royal Institute of International Affairs at Chatham House, London; the World Finance Forum; the World Knowledge Forum; the Trinity Forum in London; the ASEAN Business & Investment Summit; The Economist Strategic Forecast Forums; Pacific Basin Economic Council of APEC; and the Forbes Global CEO Conference. Yuwa is a frequent commentator in the broadcast media on current economic, policy and business issues in Asia/Pacific, and is a published author in consumer market dynamics, economic development, trade, and international relations. He was voted “Communicator of the Year” in Asia in 2006 by the Asia Association of Public Relations Professionals. He wrote a regular column in Forbes Asia called “Asian Angles” in 2005 and 2006. He was adjunct professor at the School of Management, Fudan University, Shanghai, China; from 2005 to 2008; and guest lecturer at the Graduate School of Business, University of Chicago.
As a student of philosophy, political science, and economics, Yuwa studied at Trent University and pursued post-graduate training at the University of British Columbia and Simon Fraser University in Canada, where he received his Ph.D. He also received training, at the post-doctoral level, in health economics, energy and environmental economics, and scenario forecast and planning.

Recent Posts

Growth Patterns and Feeder Cities in the Destination Cities Index

The headline news in this year’s version of the Global Destination Cities Index was the rise of Bangkok to the position of number one, ousting London. But the rise and fall of the divergent growth patterns of destination cities has a lot to do with their respective origin/feeder cities. These are cities where international visitors
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Global Destination Cities Index, 2013 Edition: The Rise of the Global South

It has been more than four years since the global financial crisis erupted in 2008. The recovery has been slow to say the least, and the global economic outlook continues to be clouded by uncertainty. Against this background, international travel and cross-border spending have shown to be very resilient as evidenced by data from the
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Choosing Time for African Urbanization: Choose Wisely

A policy of rapid urbanization is not without risk. It can lead down one of two paths, and there is no middle route between these two paths – it is either one or the other. Africa, with its population of more than a billion, is undergoing a fundamental transformation that will—according to the United Nations
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Domestic Demand and Consumer Confidence: Linkage in Asia/Pacific

The Asia/Pacific region is increasingly divided between markets that are still closely linked with the global trade cycle, and those that have been able to delink themselves from it. This trend is reflected in the latest MasterCard consumer confidence survey. The strong improvement in consumer sentiment in Indonesia and Philippines are cases in point. The
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The Future of Growth: The New Global Economic Dynamics of Prosperity

Future historians may well refer to the de­cade before the of 2008/09 crisis as a one-off “decade of emerging markets”—a brilliant flash in the pan. The unique convergence of factors which made that decade possible is sorely absent today, namely: a global flood of easy money and cheap credit, sub­dued inflation which was due in
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U.S. 2012 Outlook: Seeing the Boom Beyond the Gloom

There has been a great deal of talk of the “decline of America,” and in this narrative the 2008/09 crisis is the tipping point. Contrary to this view, I believe that the United States remains the magnet for global talent, endowing its economy with unmatched capacity for self-renewal. The United States is experiencing a productivity
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Emerging Markets and the Global Economy

There is no question that the global economy today would be worse off without dynamic emerging markets.  But the rise of these emerging markets, especially the giants of China and India, is a mixed blessing.  The process of rapid industrialization of two continent-sized economies inevitably comes with disruptive, and often unpredictable, consequences that can be
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