We’ve entered the Asian Century and there is no turning back
www.weforum.org
In the nineteenth century, the world was Europeanized. In the twentieth century, it was Americanized. Now, it is being Asianized – and much faster than you may think. Home to more than half of the world’s population, the region has climbed from low- to middle-income status within a single generation
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- In the nineteenth century, the world was Europeanized. In the twentieth century, it was Americanized. Now, it is being Asianized – and much faster than you may think.
- Home to more than half of the world’s population, the region has climbed from low- to middle-income status within a single generation. By 2040, it is likely to generate more than 50% of world GDP, and could account for nearly 40% of global consumption.
- oday, the region has an increasing global share of trade, capital, people, knowledge, transport, culture, and resources.
- Asia now accounts for around one-third of global trade in goods, up from about a quarter ten years ago.
- Similarly, Bekasi, a smaller city near Jakarta, has emerged as the Detroit of Indonesia – the center of Indonesia’s automotive and motorcycle industry.
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