Introduction
- Author: United Nations
- Main Title: The Changing Nature of Asian-Latin American Economic Relations , pp 13-31
- Publication Date: April 2013
- DOI: https://doi.org/10.18356/a2a8839e-en
- Language: English
Over the past decade, Asia and Latin America have become the new drivers
of world growth. As a indication of their dynamism, their participation in the world
economy, global trade and investment has increased markedly over the past ten years.
Together, Asia and Latin America were responsible for roughly one third of global economic
activity in 2011, which is more than the European Union or the United States, which
contributed 25% and around 8%, respectively. Their cumulative share in world trade is about
30%, with Latin America contributing 5% and Asia the remainder. However, their
participation in global FDI flows is much smaller: Asia accounts for 11% and Latin America
for around 7%. Nevertheless, all these shares were substantially lower one decade
ago.
© United Nations
ISBN (PDF):
9789210559836
Book DOI:
https://doi.org/10.18356/360ec1c9-en
Related Subject(s):
Economic and Social Development
Sustainable Development Goals:
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