Asian Growth in Turbulent Times
Asia today accounts for about 40% of the world’s GDP – up from 25% in 1990 – and contributes about two-thirds of global economic growth. But today’s difficult economic conditions are calling into question the continuation of that progress.
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NEW DELHI – A new reality is emerging in Asia. In recent decades, many of Asia’s economies have boomed. The region today accounts for about 40% of the world’s GDP – up from 25% in 1990 – and contributes about two-thirds of global economic growth.