Asian International Arbitration Renaissance [Brought to you by M.B. Kemp]
BY Salah Mattoo, Brian Kotick, Marco Pocci |
In 2000, Asia’s share of global GDP was around 28%. In 2019, Asia generated nearly 40% of the world’s GDP and is now home to nearly 60% of the world’s population. According to McKinsey & Co, “Asia is on track to top 50% of global GDP by 2040 and drive 40% of the world’s consumption, representing a real shift in the world’s centre of gravity.”