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looking for asia out of recession

Posted by patinella at 2020-02-18

2014 key words 124;

Asia is coming on stage with a new "economic power". Not only has the economic growth rate not declined, but the growth surplus is also very sufficient. It's also good for the middle class to be strong. Of course, there are disadvantages. In other words, there are no institutions that can represent Asia. As long as this weakness is eliminated, 2014 may become the "first year" of Asian injuries.

In 2008, the Obama administration said, "it will expand its influence in Asia.". Through the Pacific Rim Economic Partnership Agreement. TPP, which was introduced in 2005 with four national systems of New Zealand, Chile, Singapore and Brunei, announced its participation in the United States in 2008, and its influence greatly increased. The United States is the world's largest economy. The gross domestic product (GDP · 145867 million US dollars · 2011) reached 23% of the total world production (GW P).

The expansion of Asia by the United States, an economic power, is significant. Because, to seize the Asian market can grow, on the contrary, only the Asian market can grow.

The situation in Asia is different from that in the United States and Europe. It is also likely to grow in terms of the world economic depression. In 2014, the global economic growth rate of the International Monetary Fund was 3.6% and that of Asia was 5.3%. Asia's economic growth rate is 1.7% higher than the world average. The Asian Development Bank (ADB) accounts for the economic growth rate of emerging Asian countries such as China (7.4%), the Philippines (6.1%), Indonesia (5.7%), Malaysia (5.0%). In 2012, ADB analyzed that "Asia's GDP will increase from US $17 trillion in 2010 to US $174 trillion in 2050", which is 52% of GWP.

In a stagnant economy, Asia has emerged thanks to a solid middle class. China's middle class, which currently has 3 million people, is expected to grow to 300 million in 2002. So is India. The urbanization of the countryside is going on rapidly. "India's middle class, which is less than $10, 000, is currently just 70 million people, but it will increase by 200 million in 2017 in five years," said makinji, a global consulting group "There are more and more middle classes in Asian countries, such as China, Indonesia, Vietnam and the Philippines, who are expanding their influence in the world market," the Financial Times said in 2011.

Asia's unique diversity is also a driving force for economic growth. The economic scale of Korea, China and Japan in Northeast Asia is the top in the world. The GDP of the three countries adds up to more than US $12 trillion. 20% of GWP. Malaysia and Thailand are growing into export and service industries. Singapore and Hong Kong are financial powers. Indonesia's domestic demand market exceeds $600 billion Brunei and Central Asia are rich in resources. Vietnam, raos, Cambodia and other countries with institutional transformation are also many. These countries have the potential to grow at any time in terms of institutional change and political stability.

Not only the Asian economy, but also many shortcomings. The proportion of traffic in the station is small. Stay around 40%. South Korea, China and Japan account for only 22% of world trade. The European Union (EU) accounts for 66%, and the North American Free Trade Agreement (NAFTA) accounts for 39%. There are also limits to the number of institutions that do not have a common response in the event of a crisis. In 1967, Southeast Asian countries were jointly established, but the GDP of 10 member countries totaled about US $2 trillion.

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