Now it is India and the ASEAN countries that are emerging as new runners. In light of this, we expect going forward that the Asian economy will sustain its role as the engine of world economic growth for some time, while showing dynamism centering around later-developing countries. But there are also not a few claims that this growth strategy has reached its limits.
As Asian economies have gradually entered their mature stages, it has become difficult for them to sustain extensive growth strategies based on increasing their production factor inputs.