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GLOBAL ECONOMIC ORDER-

“WHICH WAY NOW” 

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ECONOMIC WEIGHT OF EAST ASIA

ECONOMIC WEIGHT OF EAST ASIA

LEADERSHIP IN THE WORLD ECONOMY

NEW GL0BAL ECONOMIC ORDER

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Asia’s increasing share in the Global Economic Activity 

27% of the

worlds total GDP.

Exceptional andrapid growth of 

India, China and

Indonesia.

High level of 

interdependence

within the region

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CHINA 

-world’s manufacturing workshop ,Global Factory ,Export

processing zone

• Consistent growth rate of 10% over the 10 years.

• World’s foremost financier , leading investor, and

a major source of research and development.

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China-Emerging East Asian Power.

Large size of populationand work force.

Huge amount of foreigndirect investment.

Good relationship betweenthe world countries.

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East Asia-Leading the world economic

recovery

• East Asia-GDP growth of 8.5 % in 2010.

• Global recovery was influenced by china.

Largefiscal andmonetary

policies of China

Boostedthe

government led

investment

Increasedimports of 

china,mainly

from eastAsia

Provedstrong self sufficiency of Asian

countries

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FUNDAMENTALLY STRONG

ECONOMIC HEALTH OF ASIA.

•Reduced governmentdebt and fiscal deficit.

•Reduced external

debt.

•Boosted foreign

exchange reserve.

•Improved financial

supervision.

Pace of linkagebetween Asian

countries.

Intra- Asianinvestmentpartnership

India, ChinaIndonesia

dominating thetrade Arena

Asian -middleEast Partnership

Crisis Of 2008

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Asia- Going Regional

East Asian Summit – East Asian Community ( Japanese PM)

Asian Pacific community ( Australian PM ) 

• China, Korea and JapanNorth EastAsian FTA

• North East and South EastAsia.Asean+3

• Asean plus 3 and India ,

Australia and New Zealand

Asean+6

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 If an Asian

Regional Block is

Formed.

• Intra regional trade in East Asia-55%

of the total trade in this region.

•It will contain half of the world populationand a third of GlobalGDP.

•It will be one of themost powerful regionin the world economy.

•Its collective powerwould transformGlobal P

East Asian countries initiatives onfinancial and monetary cooperation

Chiang Mai

initiatives

Asian Bond

Fund.

AsianCurrency

Unit

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An Effective Asian Regional Integration-New

Global Economic order 

• East Asia deeply integrated with the world Economy.

• Worlds Economic power Shifting towards East Asia.

S&P downgrading US andEuro-zone Debt Crisis

Rising Borrowing Cost of US and Europe

Maturing Debt in the

coming Years

Falling of Private

consumption

Lose of the

Economicleadership of US

and Europe

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Asia- leading the Global Economic Order

Rapid Growth inEast Asian

countries Spreadto South Asian

Countries.

Removingobstacles

End of Communism.

Rise of Newpowers Like

India And China.

New Global Economic Order led by Asia