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A theory is appropriate as long as it fits into the fact; when a theory doesn't fit in the fact, it's wise to walk with the fact.

Thursday, May 5, 2011

ASIA 2050

Asian Development Bank (ADB) publishes a new book 'ASIA 2050: Realizing the Asian Century' which includes, among other issues, the historical dominance of Asia in World Economy and decline in 17th and 18th Century, and the re-emergence of Asia in late 20th century. It then critically analyses the main drivers of Asian Century, its future until 2050 and challenges and risks. Finally, it provides a strategic framework for Asian Century to be fulfilled considering inclusion and equity perspectives, financial transformation, energy intensity and ensuring security and so many issues.

Hope you all will like it. :-)

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