If we want to divide Asia into economic systems (economic groups), what is the best division,...

If we want to divide Asia into economic systems (economic groups), what is the best division, for example (East Asia, the Gulf, etc.) I hope for help ؟ What is the best division?

Expert Solution

- The economy of Asia involves more than 4.5 billion individuals 60% of the total populace living in 49 distinctive nations. Asia is the quickest developing financial district, just as the biggest mainland economy by both GDP Nominal and PPP on the planet

- Israel and Turkey are additionally two significant economies in West Asia. Israel (business enterprise on differentiated ventures) is a developed nation, while Turkey (establishing individual from OECD) is a progressed developing nation.

- East Asian and ASEAN nations for the most part depend on assembling and exchange and gradually expanding on innovative industry and money related industry for development,

- From regional perspective they can be divided as follwos :

- GDP in USD Million

o Central Asia - 293,903

o East Asia - 22,210,024 (mainly China and Japan)

o North Asia/Europe -1,657,539 (Russia)

o South Asia -3,681,276 (mainly India)

o Southeast Asia -3,114,706 (mainly Indonesia and Thailand)

o West Asia 3,678,172 (mainly Gulf countries)

Rahul Sunny answered 1 year ago

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