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[1] [2] Asia is the fastest growing economic region, as well as the largest continental economy by both GDP Nominal and PPP in the world. [11] Moreover, Asia is the site of some of the world's longest modern economic booms. As in all world regions, the wealth of Asia differs widely between, and within, states.
The world economy or global economy is the economy of all humans in the world, referring to the global economic system, which includes all economic activities conducted both within and between nations, including production, consumption, economic management, work in general, financial transactions and trade of goods and services.
Under UNESCO's Man and Biosphere Reserve Programme, there are 142 biosphere reserves recognized as part of the World Network of Biosphere Reserves in Asia and the Pacific as of April 2016. These are distributed across 24 countries in the region. [1]
Ecosystem valuation is an economic process which assigns a value (either monetary, biophysical, or other) to an ecosystem and/or its ecosystem services.By quantifying, for example, the human welfare benefits of a forest to reduce flooding and erosion while sequestering carbon, providing habitat for endangered species, and absorbing harmful chemicals, such monetization ideally provides a tool ...
The world has already lost much of its biodiversity. [11] [12] TEEB indicates that pressure on commodity and food prices shows the consequences of this loss to society. TEEB recommends that urgent remedial action is essential because species loss and ecosystem degradation are inextricably linked to human well-being. Economic growth and the ...
It is the fastest-growing major economy in the world and one of the world's fastest registering a growth of 7.2% in FY 2022-23. [29] India is followed by Bangladesh, which has a GDP of ($446 billion). a. It is one of the emerging and growth-leading economies of the world, and is also listed among the Next Eleven countries. It is also one of the ...
The economy of East Asia comprises 1.6 billion people (20% of the world population) living in six different countries and regions. The region includes several of the world's largest and most prosperous economies: Taiwan, Japan, South Korea, China, Hong Kong, and Macau.
Human activities threaten an estimated 88 percent of Southeast Asia's coral reefs, jeopardizing the biological and economic value to society. [23] Coral reefs just off the coasts of Indonesia and the Philippines possess the world's most diverse coral species and organisms. These coral reefs are susceptible to severe damage by environmental ...