Retrieved 24 November Additionally, state-owned enterprises will be required to pay higher dividends to the government. Silk, porcelain, ivory, tobacco, coconut and corn were some of the goods exported from Asia to the Americas and Europe, through the Philippines. These policies limited the economic growth of the region.
List of Southeast Asian Nations by GDP
The government also played a prominent role asian english journal Singapore 's growth as a major financial and business services centre. This free trade zone allows international trade to be conducted with fewer restrictions and lower customs duties. Retrieved April 17, This made the rulers of the Arab nations very rich though the socioeconomic development in that region lagged behind.
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Economy of Asia
India ranks second worldwide in farm output. These policies limited the economic growth of the region. What you need to know". Taiwan and Hong Kong experienced rapid growth up till the s. Economy of Asia Statistics Population 4.