Of course, a few East Asian economies are still miles ahead of eastern Europe.
So, as the table illustrates US national debt is owned predominantly by Asian economies.
But whether the centa-millionaires open their wallets or not, Asian economies are confronting some tough fundamentals.
FORBES: A Hidden Threat as Asia Tops the West in Centa-Millionaires
Less open than many other Asian economies, India was less exposed to the global downturn.
If these reserves lost value, Asian economies would suffer an almighty capital loss in domestic-currency terms.
Alois Bischofberger, chief economist of Zurich's Credit Suisse, forecasts 7% regional growth for emerging Asian economies.
All the Asian economies will slow sharply next year, but some more than others.
Even if Asian economies overtake those of the West, the West will still have triumphed.
First, there are some signs that the East Asian economies may be approaching their trough.
The Asian economies now in the group are China, Hong Kong, India, Japan, Singapore and South Korea.
EIU's index ranks Singapore tenth in terms of business costs, most South-East Asian economies are far cheaper.
Many promoted this source of food and biodiesel as a boon to sustainability and Southeast Asian economies alike.
FORBES: An Energy Crisis Solution That Proves Small Can Be Beautiful
This is similar to the experience of other rapidly growing Asian economies like Japan post World War II.
The context and principles on which Asian economies are based have been devised and developed in the West.
Investment in the smaller Asian economies has certainly fallen sharply, but does that really mean it is too low?
Thailand, like many other Asian economies, is still hobbling, but the World Bank's novel crutches might speed its recovery.
What we are seeing is a cyclical slowdown in many Southeast Asian economies.
With the Asian economies strong, now is a good time for states to be cutting ties with their banks.
ECONOMIST: Governments in Asia are too ready to bail out big banks
Malaysia was always the odd one out of the four worst-hit Asian economies.
China accounted, on average, for almost half of the total export growth of the other East Asian economies last year.
And Taiwan had a vigorous high-tech industry that depended more on demand in the West than in other Asian economies.
Yet the economic woes of the East Asian economies are still likely to take a heavy toll in South Asia.
Foreign companies are investing less in China manufacturing as cheaper Asian economies and even Mexico are looking more attractive.
Asian economies are growing roughly three times as fast as America's, and their demand is bolstering U.S. farmers across the board.
At this rate, India can absorb foreign capital and put it to productive use, unlike some of the Southeast Asian economies.
Last year, despite a slowdown in America's imports, most Asian economies grew faster as domestic demand sped up everywhere except Thailand.
The toppling of Asian economies was called a "contagion, " as though it were a deadly virus felling them like mad cows.
Six months ago the Asian economies were among the hardest hit in the world, as exports to the rich world plunged.
Few people have a better overview of the Asian economies than Koo.
The four top places this year are all held by Asian economies.
应用推荐