With the emergence of People’s Republic of China (PRC) and India, the economic landscape of Asia and its relation to the global economy have changed. Using a new dynamic global model, we present forecasts for Asian expansion over 2025. These baseline growth forecasts elucidate shifting...

As Asia consolidates the economic gains and policy lessons of twogenerations, it can look to a bright future of sustained growth. More effectivepolicies will even accelerate this growth, provided they recognize the essentialagents of trade and productivity growth, as well as the importance...