Asian Century

Dictionary Says

Definition of 'Asian Century'

The dominant role that could be played by Asia in the 21st century, because of its growing economic clout and global demographic trends. "Asian Century" as a theme, has gained credence following the rapid economic growth of China and India since the 1980s, which has propelled them to the top ranks of the world's biggest economies. While the term is first believed to have been coined in the 1980s, it gained traction following the release of a report by the Asian Development Bank (ADB) in August 2011.
Investopedia Says

Investopedia explains 'Asian Century'

According to the ADB report, if Asia continues on its recent growth trajectory, by 2050 its per capita income could rise six times in purchasing power parity terms to reach the present income levels of Europe. This rise in income would enable an additional 3 billion Asians to enjoy living standards of the affluent. The ADB report also states that with Asia on track to double its share of global GDP to 52% by 2050, the continent would regain the dominant economic position it held 300 years ago.
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'Asian Century'

  • Why Country Funds Are So Risky

    http://www.investopedia.com/articles/mutualfund/07/country_funds.asp
    ... Karl Pilny, a German expert on China and Japan, and author of "The Asian Century"
    (Campus Verlag, 2005), warns of the naivety with which "Western firms pour ...
  • Introduction To Asian Financial Markets

    http://www.investopedia.com/articles/stocks/10/introduction-asian-financial-markets.asp
    ... rapid industrialization in the early 1960s that continued through the 21st Century. ...
    of large amounts of foreign investment capital, the Asian Tiger economies ...
  • 3 Asian ETFs For Your Portfolio

    http://stocks.investopedia.com/stock-analysis/2009/3-Asian-ETFs-For-Your-Portfolio-EWY-EWM-EWS1111.aspx
    ... Fast forward to 21 st century and China and to a less extent, India, have ... The
    so-called "Asian Tigers," countries like Singapore, South Korea and Malaysia have ...
  • Forging Frontier Markets

    http://www.investopedia.com/articles/economics/09/frontier-markets.asp
    ... the dominant "developed" economy of the 20th century, while over a century later,
    many ... the next wave of frontier markets - the so-called four Asian Tigers of ...
  • The Stock Market: A Look Back

    http://www.investopedia.com/articles/basics/06/alookback.asp
    ... have the prolonged declines that many of the European and Asian markets experienced ...
    in their article "Global Stock Markets In The Twentieth Century" (1999), the ...
  • Dragons, Samurai Warriors And Sushi On Wall Street

    http://www.investopedia.com/articles/03/062503.asp
    ... market, the West has been taking a serious look at how Asian refinements of ... warrior,
    who was of the Imperial Army, would march into the 20th century using the ...
  • Examining Credit Crunches Around The World

    http://www.investopedia.com/articles/economics/08/credit-crunches-around-the-world.asp
    ... The 1980s witnessed two of the greatest bull markets of the century in US ... Many Asian
    countries entered a severe recession and the crisis soon spread beyond Asia ...
  • Finding Fortune In Foreign-Stock ETFs

    http://www.investopedia.com/articles/mutualfund/06/foreignETFs.asp
    ... During the first six years of the twenty-first century, the S&P 500 ... Fund (GRR), which
    gives investors exposure to several southeast Asian countries including ...
  • 5 Most Expensive Diamonds Ever Auctioned - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/1111/5-Most-Expensive-Diamonds-Ever-Auctioned.aspx
    ... It was purchased by an Asian collector in 2009 ... The first record of this diamond comes
    from the 17th century, and is thought to have been cut from the larger 112 ...
  • Top 5 Most Expensive Celebrity Weddings - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0711/Top-5-Most-Expensive-Celebrity-Weddings.aspx
    ... Below are our top five most expensive weddings of the twenty-first century. ... 9, 2004
    Cost: $5.7 Million In Brunei, a small southeast Asian country rich in oil ...

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