Economic integration in Asia
Asia as a concept is in tension with the unfolding of the continent as an emerging economic force. 500 years of turmoil have been enacted on the Asian setting and, today, Asia remains the setting of a series of conflicts. Simultaneously, a different Asia is taking shape.
In the last 4 years, intra-Asian trade has exceeded Asian trade with Europe and North America. 40 % of global trade comes from Asia. The transformations in China, India, North and East Asia, the Gulf, and Turkey are shaping and changing the character and dimensions of the global economy. Ashraf Ghani explores the reshaping of the Asian economy through the lens of the 21st century Silk Road as both a metaphor and transformative infrastructure. According to Ghani the current key constraints of the 21st century silk road are: governance, market and infrastructure. He explores the thesis of the end of the long Asian civil war.
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