Over the past decade, Asia has rapidly grown in importance to the global economy. Its share of global GDP, measured in purchasing-power parity terms, increased from 26.8% in 2001 to 33.8% in 2010.2 By 2016, the Economist Intelligence Unit (EIU) expects this proportion to rise to 38.9%. There are three broad trends associated with Asia’s rapid growth and development that have been driving its …