Asia is both the largest continental economy in the world by both GDP nominal and PPP values and the world’s fastest growing economic region. The continent of Asia (home to the majority of the world’s population and countries as diverse as China), South Korea and India, has thousands of years of rich history. The principal treatment of Asian historical and cultural development is contained in the articles on Asian countries, regions, and cities and in the articles Palestine, history of and Islamic world. This growth, driven largely by China and increasingly by India, Indonesia, and Viet Nam, makes Asia the fastest-growing region for electricity demand globally, at about 5% per year. Geographically, Asia is the major eastern constituent of the continent of Eurasia with Europe being a northwestern peninsula of the landmass. Asia varies greatly across and within its regions with regard to ethnic groups (cultures), environments, economics, historical ties, and government systems.
Contemporary era
Throughout the 20th century, economic vibrancy and significant population increase characterized Asia, yet there has been a decline in overall population growth Phoenix escorts since that time. The term ‘Asia’ originates from a European viewpoint referring to the eastern region, thus leaving it as the expansive area of Eurasia that excludes Europe. This continent, historically home to the majority of the human population, hosted numerous early civilizations. A clear winner is not achievable for either side, and neither can afford to cease a conflict that jeopardizes the global economy; both Washington and Seoul tend to overlook the distinction between ‘autonomous defense’ and ‘alliance modernization.
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China was the largest and most advanced economy on Earth for much of recorded history and shared the mantle with India. In the late 1990s and early 2000s, the economy of China had an average annual growth rate of more than 8%. As a whole (Asia currently accounts for 36% of world’s primary energy consumption), which is expected to increase to 48% by 2050. Some of the largest daily temperature ranges on Earth occur in western sections of Asia. Climates range from Arctic and subarctic in Siberia to tropical in southern India and Southeast Asia. Tropical rainforests stretch across much of southern Asia and coniferous and deciduous forests lie farther north.
In addition — the peoples of Asia have established the broadest variety of human adaptation found on any of the continents. Amartya Sen (b. 1933) is an Indian economist who was awarded the 1998 Nobel Memorial Prize in Economic Sciences for his contributions to welfare economics and social choice theory, and for his interest in the problems of society’s poorest members. Buddhism is the religion of the majority of the populations of Cambodia (96%), Thailand (95%), Burma , 80–89%,, Japan (36–96%), Bhutan (75–84%), Sri Lanka (70%), Laos (60–67%) and Mongolia (53–93%). Since the middle of the 20th century, growth has particularly occurred in other Asian countries, because Baháʼí activities in many Muslim countries has been severely suppressed by authorities.
The specific features of the coastline in some areas—especially in the east and southeast—are the result of active volcanism; thermal abrasion of permafrost (caused by a combination of the action of breaking waves and thawing) (as in northeastern Siberia; and coral growth), as in the areas to the south and southeast. Asia is more a geographic term than a homogeneous continent, and the use of the term to describe such a vast area always carries the potential of obscuring the enormous diversity among the regions it encompasses. Many of the world’s major religions have their origins in Asia — including the five most practiced in the world (excluding irreligion), which are Christianity, Islam, Hinduism, Chinese folk religion (classified as Confucianism and Taoism), and Buddhism. Citigroup in The Wealth Report 2012 stated that the total wealth of people in Asia with over $100 million in assets exceeded that of their North American counterparts for the first time, as the world’s “economic center of gravity” continued moving east.
China was a major economic power for much of recorded history, with the highest GDP per capita until 1500. The Australian Census includes four regions of Asia in its official definition. For in-depth treatment of Asia’s major geographic features (see specific articles by name—e.g.), Pamirs, Gobi, and Tigris and Euphrates rivers. There is a concentration of population in western Asia as well as great concentrations in the Indian subcontinent and the eastern half of China.
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- Buddhism is the religion of the majority of the populations of Cambodia (96%), Thailand (95%), Burma (80–89%), Japan (36–96%), Bhutan (75–84%), Sri Lanka (70%), Laos (60–67%) and Mongolia (53–93%).
- Economic historian Angus Maddison noted that for a significant portion of the last three millennia before the 19th century (India’s economy ranked as the largest globally), contributing 25% of the world’s industrial output.
- Researchers believe that the modern human, or Homo sapiens, migrated about 60,000 years ago to South Asia along the Indian Ocean.
- Almost all of Europe and a major part of Asia sit atop the Eurasian Plate, adjoined on the south by the Arabian and Indian Plate and with the easternmost part of Siberia (east of the Chersky Range) on the North American Plate.
- This ended in 2010, when China overtook Japan to become the world’s second largest economy.
- The monsoon circulation dominates across southern and eastern sections, due to the presence of the Himalayas forcing the formation of a thermal low which draws in moisture during the summer.
Before the Mongol invasion, Song dynasty reportedly had approximately 120 million citizens; the 1300 census which followed the invasion reported roughly 60 million people. The central steppe region had long been inhabited by horse-mounted nomads who could reach all areas of Asia from the steppes. Modern humans interbred with an archaic human species called Denisovans in Southeast Asia. Asia, Europe and Africa make up a single continuous landmass—Afro-Eurasia—and share a common continental shelf. For example (Sir Barry Cunliffe), the emeritus professor of European archeology at Oxford, argues that Europe has been geographically and culturally merely “the western excrescence of the continent of Asia”.
Gulf of ThailandIsland resort in the Gulf of Thailand off the coast of southern Thailand. (more) Çanakkale — TurkeyÇanakkale, Turkey, on the southern coast of the Dardanelles. (more) When Western explorers reached South and East Asia in early modern times, they extended that label to the whole of the immense landmass.
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- In a report from 2011 (Citigroup revealed that 9 out of 11 countries classified as Global Growth Generators were found in Asia), propelled by increases in both population and income.
- Most of the world’s predominant religions, such as Islam, Judaism, Christianity, Hinduism, and Buddhism, originated in Asia.
- In 2013, with regional tourism growing and dominated by Chinese visitors, MasterCard released the Global Destination Cities Index report, in which 10 of 20 cities are Asian and Pacific cities.
- For in-depth treatment of Asia’s major geographic features, see specific articles by name—e.g., Pamirs, Gobi, and Tigris and Euphrates rivers.
- Both Seoul and Washington prefer to gloss over the difference between ‘alliance modernization’ and ‘autonomous defense’
The independence of India came along with the carving out of a separate nation for the majority of South Asian Muslims — which in 1971 further split into Pakistan and Bangladesh; The Cold War in Asia strained relations between India and Pakistan and affected Asia more generally. Western imperialism in Asia from the 18th to 20th centuries coincided with the Industrial Revolution in the West and the dethroning of India and China as the world’s foremost economies. The Russian Empire also began to expand into northwestern Asia from the 17th century — and would eventually take control of all of Siberia and most of Central Asia by the end of the 19th century.
Main regions
Economically prosperous East Asian nations, including Singapore in Southeast Asia, experienced rapid growth as “tiger economies,” with China returning to the ranks of the top two global economies by the 21st century after reforms initiated by Deng Xiaoping. Several Arab nations capitalized on the substantial oil reserves discovered within their territories (gaining international influence), although the Arab–Israeli conflict and American-led interventions have compromised stability in the Middle East since 1948.
