The Asia Pasific is Economically, The Faster Growing Region Globally, Do You Agree?

Following the meeting, numerous regional and subregional alliances were formed, including AFTA, NAFTA, and the Growth Triangle, which can drive very rapid economic growth through business partnerships in the tourism sector, economic expansion, and technological digitalization.

In addition to the advantages of the successful bilateral collaboration that takes place in the Asia-Pacific region, this region also offers a special geoeconomic situation supported by geographical circumstances that attracts many foreign investors. This is what leads the author to concur that the Asia-Pacific region's economic growth has accelerated to the point where it can now compete with that of Europe and the Middle East in terms of global economic dominance.

References

Asian Economic Integration Report. (2017). Manila: Asian Development Bank.

Kakuzu, H. (1999). Growth Triangles in Asia A New Approach to Regional Coorperation. Working Paper no. 9. Politics and International Relations Series 1999-03.

L, L. L. (1951). International Organization.

Louis, J. C., & Steven, L. S. (1995). The International Politics Regions.

Minardi, A. (n.d.). Asia Pasifik Menuju Sentra Ekonomi Dunia 2020.

Richard, A., & Waterbury, J. (1990). A Political Economy of The Middle East. Westview Press.

Safira, A. (2010). Pengaruh Faktor Ekonomi, Bisnis dan Institusi Terhadap Arus Masuk Penanaman Modal Asing (Studi Kasus 11 Negara di Kawasan Asia Pasifik)).