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Economic integration: How Asia is reinventing its economic model

The Economist 2023

A new Era of Asian commerce. How the continent at the heart of globalization is reinventing itself. The continent’s future will involve less Western influence | Finance & economics

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ECONOMIC DEVELOPMENT ECONOMICS FINANCES GLOBALIZATION TRADE ASIA CHINA INDONESIA JAPAN MALAYSIA PHILIPPINES SE ASIA SOUTH KOREA THAILAND

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Summary:

Asia has entered a new phase of economic growth and development, which is characterized by an increased focus on economic integration. This step forward towards self-reliance marks a decrease in the impact that Western countries have on the continent’s economy. The article discusses how this shift has allowed Asian countries to become more independent and innovative in their commerce model, while taking advantage of globalization to move their economies forward.

Keywords: Economic integration, self-reliance, Asia, commerce model, globalization

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