Welcome to the nuanced reality of the Asian Century
When the Asian Development Bank released its report on the "Asian Century" in 2011, it projected that the region would account for roughly 40% of global GDP by 2030 and 52% by 2050. In fact, Asia had already surpassed these forecasts by 2024, contributing nearly 55% of global GDP.
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Welcome to the nuanced reality of the Asian Century
Ari Sarker is the president for Asia Pacific at Mastercard. When the Asian Development Bank released its report on the "Asian Century" in 2011, it projected that the region would account for roughly 40% of global GDP by 2030 and 52% by 2050. In fact, Asia had already surpassed these forecasts by 2024, contributing nearly 55% of global GDP.
