Summary
The centre of global economic activity is shifting rapidly towards Asia, driven by the economic dynamism of China, India and several other middle-income Asian countries, combined with sluggish growth in the OECD economies. A range of major challenges arises from this rapid growth and rising global prominence, both for emerging Asia and for the rest of the world. This comprehensive and forward-looking book examines these issues through in-depth studies of six major Asian economies and an analysis of the key development policy options.