ADB draft report says 3B Asians could become affluent by 2050; significant challenges
Green Car Congress
MAY 5, 2011
The draft report says that as the global economy’s center of gravity shifts toward Asia, the region could account for about half of global output in 2050, up from the current 27%, as well as half of global trade and investment. If these events occur, Asia would account for only 32%, or $61 trillion, of global GDP in 2050.
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