Emerging Markets in Asia.
Date Submitted: 12/17/2004 18:49:12
Category: / Business & Economy / Marketing and Advertising
Length: 5 pages (1372 words)
Category: / Business & Economy / Marketing and Advertising
Length: 5 pages (1372 words)
Emerging Markets in Asia University of Phoenix January 8, 2004 Emerging Markets in Asia Over the past decade the world has witnessed rapid long-term economic growth for East Asian countries. These newly developing countries are experiencing growth rates in GDP between 6% and 7%, compared to the 2% to 3% for most industrial economies. If this growth continues, South Korea and Taiwan could take away America's distinction as the world's richest country. This rapid economic growth is a result of several …
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…use of new technologies. All of these factors should help continue their recent economic success.
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