By: Jossey-Bass
07/05/2012
(Jossey-Bass: San Francisco) -- Led by China and India, the rise of emerging Asia is transforming the structure of the global economy. By 2025, if not sooner, China will almost certainly overtake the United States to become the world's largest economy. By then, India is likely to have overtaken Japan to become the world's third-largest economy, after China and the United States. Besides China and India, Asia also includes other fast-growing economies such as Indonesia, Malaysia, the Philippines, Thailand, and Vietnam.