Reading Asia’s future
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Submitted by 2point6billion.com Blog
In its report titled “Emerging Asian Regionalism,” the Asian Development Bank said Asia will account for as much as 35 percent of world gross domestic product (GDP) in purchasing-power parity [PPP] terms, from only 28 percent in 2005. By then, Asia’s GDP is set to be more than 50-percent larger than the European Union’s or North America’s