The Transformation of Asia and Its Global Impact

Asia’s economic rise is one of the most remarkable stories of modern history. Countries like China, India, South Korea, and Japan have emerged as global economic leaders. Imagine a war torn Japan after World War II and a completely devastated Korea after the Korean War. Who would have thought that they could emerge as the early harbingers of this remarkable economic turnaround? The transformation of the entire continent, however,  was dependent on the most populous economies of Asia, China and India coming to the fore.  But let us not forget the rest of the Asian Economies. They all have seen sustained growth throughout the decades since World War II. Industrialisation, globalised trade and digital innovation were the big buzzwords accompanying this transformation. Let us hope the latest regression into a tariff-riddled new world economic order will not stop this transformation altogether.