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Asia’s Economic Development and Rethinking on its Development Model

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Abstract

As the largest and most populous continent, Asia1 has already become an important political and economical power worldwide. Over the last half-century, the fast growth of Asian economy, the rise of emerging economies and the rapid recovery from the financial crisis have been the important phenomena in the course of global economic development. In addition, quite a few scholars hold that in the multi-polarized world structure Asia is becoming the third economic, even political or military center which can compete against the United States and Europe (Zbicz et al., 2009), and it has aroused widespread attention all over the world. The growing impact of Asia’s economy and politics in comparison to that of western countries has mainly benefited from the economic boom after World War II (WWII).

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© 2011 Science Press Beijing and Springer-Verlag Berlin Heidelberg

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The Association of Academies of Sciences in Asia (AASA). (2011). Asia’s Economic Development and Rethinking on its Development Model. In: Towards a Sustainable Asia: Green Transition and Innovation. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-16675-4_1

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