Drysdale, Peter; Willis, Sébastien - East Asian Bureau of Economic Research (EABER) - 2013
economy and global power. Now economic weight is shifting towards population weight due to convergence in productivity. Asia … is re-emerging as the world’s biggest element in the world economy. In 1980, Asia produced just under 20 per cent of … economy and political power. In the last twenty five years the economy of China, a nation of 1.3 billion, has grown by a …