In the past, Asian growth was dominated by the Asian Tiger economies of Japan, South Korea, Singapore and, at the turn of the century, China. Today, India, Vietnam and Indonesia are also emerging as important players in the regional economy and global value chains. Asia is now at a crucial juncture at which the progress of the last few decades has come together to add a new chapter to the region’s history. The authors explain what is fueling Asia’s rise.
Why Asia’s Time Is Now: What’s Fueling Asian Growth and What Does It Mean for the Rest of the World?
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