The Asianized World Has Arrived
By 2040, Asia is likely to generate more than 50% of world GDP, and could account for nearly 40% of global consumption. This progress reflects the integration of at least four “Asias,” each at a different stage of economic development – and each playing a unique role in propelling the region’s global rise.
SHANGHAI – In the nineteenth century, the world was Europeanized. In the twentieth century, it was Americanized. Now, it is being Asianized – and much faster than you may think.