Asia's global role has huge potential

摘要

Asia has become a key part of the world economy, not only in terms of its economic size, but also in terms of its influence in global economic and financial developments. In the recent decade, it has emerged as the fastest growing region, contributing almost 40% of global output, one-fifth of world trade and nearly two-thirds of the world's international reserves. This economic progress and growing economic prosperity have reduced income disparities and increased economic opportunities to more than half of the world's population that reside in Asia, with per capita income rising about 6% per annum in this recent decade.