Return to Common Sense December 2, 2012 Section: Foreign – Asia
“Asia is a huge economic opportunity area heavily influenced by
several large repressive communist countries.” “The dramatic
modernization of the Asian economies ranks alongside the
Renaissance and the Industrial Revolution as one of the most
important developments in economic history.” Larry Summers.
Philosophy (Background, Issues, Objectives): Asia is the largest
and most populous continent or region, depending on the
definition. - It covers 29.8% of total land area. - It contains
3.8 billion people in 54 territories which are more than 60% of
world’s population. - Asia is home to several language families
and many language isolates. - 30% of Muslims live in Pakistan,
India, Bangladesh, Indonesia, Phillipines, China, Iran, and
Russia. - In terms of GDP, the largest national economy within
Asia is that of the Japan. - In the late 1990s and early 2000s,
the economies of China and India have been growing rapidly. -
Asia is rich in natural resource