ADBI Working Paper 404 Petri and Zhai
Most projections envision continued rapid growth in the members of the Association ofSoutheast Asian Nations (ASEAN), the People’s Republic of China (PRC), and India(collectively, ACI) over the next two decades. By 2030, they could quadruple their output,virtually eliminate extreme poverty, and dramatically transform the lives of their more than 3billion citizens. The impact will be felt across the world. This study—a background paper to anAsian Development Bank report—used a Computable General Equilibrium model to examinethe likely effects of the region's growth on trade, resources and the environment, as well as theimplications of the many risks the region's growth path faces from its internal and externalenvironment.
F02, F13, F33, F53