Why did Asia develop so fast?
Why did Asia develop so fast? Growth was driven by rapid industrialisation, often led by exports and linked with changes in the composition of output and employment. It was supported by coordinated economic policies, unorthodox wherever and whenever necessary, across sectors and over time.
Is Asia richer than Europe?
For the first time in modern history, Asia is now richer than Europe.
Why is Europe so rich?
Europe's rich agricultural and industrial diversity has made the continent a center of trade and commerce for centuries. It is centrally located between the two other “Old World” continents, Africa and Asia.