Regional Economic Integration Essay Example | Topics and Well Written Essays - 500 words

Regional Economic Integration - Essay ExampleIndonesian economy is rapidly developing it is the largest economy of South Asia nowadays. The countrys GDP is 14, 4% in artless empyrean, 48, 1% - industry, and service sector is 37, 5% (according to 2009 data). All the countries mentioned above appear to be competing as they adopt and export similar goods. At the given time period these Asian countries economy is attractive for opposed investors. Still, the business in tourism and oil refining branch remain the most profitable and light nowadays, thus this fact makes these branches interesting to the potential investors. As for Taiwan economy, financial sector is also value to invest in. Key words regional economic integration, the GDP, economic sector, competition, foreign investment. The Asian countries keep their economic development. The economic miracle known as the leap of Asian tigers, unfortunately, affected not all Asian countries. though the economy of these countries i s rapidly developing, according to the experts assessments, 16, 3 per cent of people still remain below mendicancy line. The Philippine economy is a combination of agriculture (24, 9%), light industry (29, 1%) and the sector of related services (51, 1%).