Please read carefully the instruction in files which I attached. The reference should use at least 12 references with a minimum of 6 academic journal articles and it has to include the main reference "ADB report Asian Century" which i also attached.
“Asia is in the midst of a truly historic transformation. If it continues to grow on its
recent trajectory, it could, by 2050, account for more than half of global GDP, trade
and investment, and enjoy widespread affluence” (ADB, 2011). Some have called this
possibility the “Asian Century”. However, Asia’s rise is by no means preordained.
While these promising outcomes are plausible, it does not imply that the path ahead is
just doing more of the same. Do you agree with the statement? Discuss the statement
with implications for Australia.
Your answer should consider the following
a) how have the structural transformations that the Asian countries undertook
after the Asian financial crisis in areas of the role of state, businesses, labour
relations and regional integration contributed to Asia’s growth
b) what have been the challenges associated with these structural
transformations? Is there a need for Asian countries to reassess their growth
strategies based on these challenges?
c) an analysis of the major opportunities and challenges faced by the Asian
countries currently and the possible implications for Australia