IDEAS home Printed from https://ideas.repec.org/a/wej/wldecn/677.html
   My bibliography  Save this article

The Unstoppable Economic Rise of Asia

Author

Listed:
  • Brian Sturgess

Abstract

The Asia-Pacific region is set to remain the world's economic powerhouse in terms of economic growth for the next few decades. In value terms, Asian GDP increased between 1970 and 2015 from $4.63 trillion to $45.39 trillion in constant prices, an increase well above the rise in population growth, raising millions out of poverty. If current trends continue World Economics predicts that the share of the Asia-Pacific region in world GDP will have risen to 63.5% by 2050 with Europe declining to 12.1%, the Americas at 18.9% and Africa rising marginally to reach 5.5%. Slowing growth in China will not halt the Asian growth story as conditions for expansion exist across South Asia, particularly in India.

Suggested Citation

  • Brian Sturgess, 2017. "The Unstoppable Economic Rise of Asia," World Economics, World Economics, 1 Ivory Square, Plantation Wharf, London, United Kingdom, SW11 3UE, vol. 18(3), pages 105-112, July.
    • Handle: RePEc:wej:wldecn:677
    as

    Download full text from publisher

    File URL: https://www.worldeconomics.com/Journal/Papers/Article.details?ID=677
    Download Restriction: no
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wej:wldecn:677. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ed Jones (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.