Why Has Asia Risen so Rapidly? Is It Now Leading the Way?
Abstract
Asian economy was damaged badly after World War II, and Asia was trying to recover their economy by working against serious problems of huge population, slow economy growth, poverty and corruption. Some Asian countries are now fully developed successfully, and some are still in the process of developing. However, Asian economy is now playing an important role all over the globe, leading the way in advanced technology, manufacture, and labour. This paper uses examples of Japan, China, and Singapore to explain how Asian economy recovered and have risen so rapidly, and why they are now leading the way in recent decades.
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DOI: http://dx.doi.org/10.18686/fm.v7i4.5382
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