1. Where is the ‘Economic Centre’ of the Asia Pacific Region?
- Author
-
Albrecht, Thomas
- Subjects
- *
ECONOMICS , *ECONOMIC policy - Abstract
The paper examines if the ‘economic centre’ of Asia is likely to shift over the next 20 years. In this context, it addresses the widely held notion that a deterioration of Southeast Asia's geographic centrality within the Asia Pacific region is likely to occur due to the rise of China. GNP-weighted centrality indices are calculated for major Asian cities, and it is shown that the changing economic map of Asia is unlikely to lead to geographic marginalization of Southeast Asia: even if the economic importance of China increases significantly, this will be more than offset by the corresponding decline of Japan. As a consequence, the total economic weight of Northeast Asia is likely to decrease slightly compared to Southeast Asia and Greater India over the next 20 years, with the economic centre of Asia moving further to the southwest. [ABSTRACT FROM AUTHOR]
- Published
- 2005
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