"Vietnam, one of Asia’s fastest-growing economies, has overtaken 17 countries in a ranking of economies in PPP terms since 2000, including Belgium and Switzerland. The Philippines is now a larger economy than the Netherlands while Bangladesh has overtaken 13 other economies in the past 20 years.
Asia’s recent surge, which began with Japan’s postwar economic surge, represents a return to a historical norm. Asia dominated the world economy for most of human history until the 19th century."
Read more: Financial Times
ABOUT PTIC TAIPEI
The Philippine Trade & Investment Center in Taipei is the Commercial Affairs Section of the Manila Economic and Cultural Office and the representative office of the Philippine Department of Trade & Industry in Taiwan