What Works In Asian Scenarios
Avinash Godbole
THE GLOBAL RISE OF ASIAN TRANSFORMATION: TRENDS AND DEVELOPMENTS IN ECONOMIC GROWTH DYNAMICS by Pongsak Hoontrakul Macmillan, New Delhi, 2015, 272 pp., 115
October 2015, volume 39, No 10

Asian economic transformation has been underway despite the hiccups of the 2008 crisis that nearly brought the world economy to a standstill. Asia, at least that part of Asia spanning from India to Japan, now has dynamic leaders in Xi Jinping, Shinzo Abe and Narendra Modi, who are highly nationalist on one hand but also fairly pragmatic as seen in the last couple of years. China, as the biggest rising power in the region, has also undertaken initiatives like the One Belt One Road (OBOR) and the Asian Infrastructure Investment Bank (AIIB) that promise to transform the structure and the nature of intra-Asian business, networks, communication and connectivity.

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