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Jan 21, 2022 · Asia's clean energy transition is vital for global efforts to reduce carbon emissions and achieve net-zero. Whilst some countries across the continent are making more sustainable decisions, it's vital the continent as a whole is striving to achieve this. Countries performing particularly well include China, India and Indonesia.
Oct 18, 2023 · It's imperative for East Asia and the Pacific to sustain its momentum in talent mobility and the endorsement of diversity and inclusion amidst an intricate global talent ecosystem. For more information on how the jobs and skills will evolve in the next five years, check out the Future of Jobs Report 2023 and its data explorer, where you can find more data and insights of the country and the ...
Nov 17, 2023 · This first-of-its-kind ASEAN cross-border linkage provides a blueprint for connecting real-time payment infrastructure across the region. The value of gross digital payments across the six largest ASEAN economies reached $806 billion in 2022, up 14% year on year, and is forecast to rise to close to $1.2 trillion by 2025.
Dec 20, 2019 · In 2020 Asia’s GDP will overtake the GDP of the rest of the world combined. By 2030, the region is expected to contribute roughly 60% of global growth. Asia-Pacific will also be responsible for the overwhelming majority (90%) of the 2.4 billion new members of the middle class entering the global economy. The bulk of that growth will come from ...
May 17, 2018 · Here’s how countries perform – as a reminder, this is based on the Asia Power Index, which is made up of countries in the Asia-Pacific region and the United States. In terms of absolute power, the U.S. and China top the list. Interestingly, Russia is only 5th place overall. The “Power Gap” partially seems to explain this, as Russia ...
Jan 8, 2024 · The deteriorating global macroeconomic environment has cast a shadow on Asia’s export-oriented economies. The Organisation for Economic Co-operation and Development (OECD) has projected global average GDP growth to drop from 2.9% in 2023 to 2.7% in 2024, while OECD countries are estimated to achieve a growth rate of 1.4% in 2024 and 1.8% in 2025.
Oct 20, 2022 · South Asia, according to the World Bank, driven by countries such as India, Vietnam, Laos and the Philippines. The East Asia/Pacific region, represented by China, Japan, South Korea, and others has seen an average increase of 4.9% over the last four decades, it says.
Aug 25, 2021 · Developing Asia's extreme poverty rate - or the proportion of its people living on less than $1.90 a day - would have fallen to 2.6% in 2020 from 5.2% in 2017 without COVID-19, but the crisis likely pushed last year's projected rate higher by about 2 percentage points, ADB simulations showed. COVID-19 could have pushed 80 million Asian people ...
Dec 5, 2023 · A recent McKinsey study projects that generative AI could add between $2.6 trillion and $4.4 trillion annually to the global economy by 2030. In the Asia-Pacific region, generative AI drives significant economic opportunities. In Australia, it is estimated that generative AI could contribute up to AUD 115 billion (around $76 billion) annually ...
Aug 4, 2022 · China, the world’s largest wheat producer, has yielded more than 2.4 billion tonnes of wheat over the last two decades, making up roughly 17% of total production from 2000-2020. A majority of China’s wheat is used domestically to help meet the country’s rising food demand. China is the world’s largest consumer of wheat—in 2020/2021 ...
