Description
The Brookings Institution ASEAN PRC and India by Asian Development Bank
Asia's remarkable economic performance and transformation since the 1960s has shifted the center of global economic activities toward Asia, and in particular the Association of Southeast Asian Nations (ASEAN) economies, the People's Republic of China, and India (collectively known as ACI).While these emerging Asian giants do not form any specific institutional grouping, they are very large economies and markets. These dynamic developing economies share common boundaries, opportunities, and challenges. Their trade, investment, production, and infrastructure are already significantly integrated and will become more so in the coming decades.This book focuses on the prospects and challenges for growth and transformation of the region's major and rapidly growing emerging economies to 2030. It also examines the drivers of growth and development in the ACI economies and the factors that will affect the quality of that development. It explores links among the ACI economies and how these may shape regional and global competition and cooperation.