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- The region accounts for nearly 60% of global economic growth, and U.S. exports to Asia create more jobs than any other region of the world. It is home to five U.S. treaty allies and critical security partners such as Taiwan. It also is home to potential threats from a nuclear North Korea and an ascendant China.
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Sep 22, 2023 · Regional GDP is also expected to grow, fueling energy demand. From 2021 to 2040, Asia’s GDP could grow at 3.6 percent per year, compared with Europe’s at 1.3 percent and North America’s at 1.7 percent. 68 S&P Global Market Intelligence. China and India could grow even faster than the Asia average. 69 S&P Global Market Intelligence.
Oct 17, 2019 · Economic growth drove development. Growth rates of GDP and GDP per capita in Asia have been stunning and far higher than elsewhere in the world. Rising investment and savings rates combined...
- Deepak Nayyar
4 min read. Editor's note: To sustain U.S. power and influence in Asia, the Biden administration should enhance economic engagement with the region — particularly in Southeast Asia, which has...
Jan 31, 2022 · Asia’s GDP is expected to expand in nominal terms from $33tn in 2021 to $39tn in 2023, exceeding the $34tn for the Americas and $26tn for Europe. The $5.4tn increase for Asia compares with $4...
- Chetan Ahya
Jul 6, 2022 · July 6, 2022. In Southeast Asia, the United States Needs to Up its Economic Game. The harsh reality is that, even with still-strong security partnerships, it is hard to imagine the US being able to sustain its overall influence in the region if it continues to lose ground economically. Scot Marciel.
With the economic crisis in the Association of Southeast Asian Nations in the late 1990s, the reestablishment of U.S. diplomatic ties to Vietnam, and the recent ethnic strife and devolution in...
