Navigating a Changing World Economy: ASEAN, the PRC and India, 2010-2030

67 Pages Posted: 19 Sep 2012

See all articles by Peter A. Petri

Peter A. Petri

Brandeis University - Brandeis International Business School; Brookings Institution; Brandeis University - Department of Economics

Fan Zhai

China Investment Corporation

Date Written: July 28, 2012

Abstract

Most projections envision continued rapid growth in ASEAN, the PRC and India over the next two decades. By 2030, they could quadruple their output, virtually eliminate extreme poverty, and dramatically transform the lives of their more than 3 billion citizens. The impact will be felt across the world. This study -- a background paper to an Asian Development Bank report -- used a Computable General Equilibrium model to examine the likely effects of the region's growth on trade, resources and the environment, as well as the implications of the many risks the region faces from its internal and the external environment.

Keywords: Asian economy, China, India, ASEAN, economic growth, 2030

JEL Classification: D68, F15, F43, F47, O11

Suggested Citation

Petri, Peter A. and Zhai, Fan, Navigating a Changing World Economy: ASEAN, the PRC and India, 2010-2030 (July 28, 2012). Available at SSRN: https://ssrn.com/abstract=2148796 or http://dx.doi.org/10.2139/ssrn.2148796

Peter A. Petri (Contact Author)

Brandeis University - Brandeis International Business School ( email )

Mailstop 32
Waltham, MA 02454-9110
United States

HOME PAGE: http://ppetri.com/

Brookings Institution ( email )

1775 Massachusetts Ave, NW
Washington, DC 20036
United States

Brandeis University - Department of Economics

Waltham, MA 02454-9110
United States

HOME PAGE: http://ppetri.com/

Fan Zhai

China Investment Corporation ( email )

New Poly Plaza, No.1 Chaoyangmen
Beidajie, Dongcheng
Beijing, 100010
China

Do you have negative results from your research you’d like to share?

Paper statistics

Downloads
83
Abstract Views
779
Rank
539,499
PlumX Metrics