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Sep 22, 2023 · Asia's economies were the great beneficiaries of a globalizing world over the past 30 years. They started surging to global prominence. Asia starts a new era as the word's new majority, accounting for more than half of the global total of many key metrics we use to measure the world economy.
May 1, 2023 · May 1, 2023. Asia and the Pacific is a relative bright spot amid the more somber context of the global economy's rocky recovery . As the Chart of the Week shows, the region will contribute about 70 percent of global growth this year—a much greater share than in recent years.
Dec 20, 2019 · Dec 20, 2019. By 2030, Asia is expected to contribute roughly 60% of global growthImage: REUTERS/Issei Kato. Praneeth Yendamuri. Partner,Bain & Company SE Asia Inc. Zara Ingilizian. Head, Consumer Industries; Member of the Executive Committee,World Economic Forum. Share: Our Impact.
Sep 21, 2023 · Millions of Asians escaped poverty by making stuff; many grew prosperous. Now the region’s economic model is shifting again, with consequences for Asia and for the world. Asia’s long ...
Asia already hosts some of the world’s largest economies, notably China, now the largest economy and financial market after the United States. Asia’s growth rate is also outstripping that of other regions, accounting for approximately half of global growth last year (Figure 2).
Oct 13, 2023 · October 13, 2023. Strong consumer spending has supported growth in Asia’s three largest economies this year, but there are already signs that the region’s recovery may be running out of steam. We expect growth in Asia and the Pacific to accelerate from 3.9 percent in 2022 to 4.6 percent this year, unchanged from the projection from last April.
