The Economic Power Shift from the West to the East

Running head: THE ECONOMIC POWER SHIFT FROM THE WEST TO THE EAST
The economic power shift from the west to the east
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1THE ECONOMIC POWER SHIFT FROM THE WEST TO THE EAST
Executive summary:
Over the last few decades, western countries, especially the U.S, has experienced the leading
position in international economy, which in turn has helped those countries to enjoy various
socio-political and economical power. However, from the fast few years, some Asian
countries, especially, China, India and South Korea are significantly their market condition,
and going to capture the leading position worldwide.

2THE ECONOMIC POWER SHIFT FROM THE WEST TO THE EAST
Table of Contents
Introduction:...............................................................................................................................3
Shifting of economic power:......................................................................................................3
Economic Implications:.............................................................................................................5
Conclusion:................................................................................................................................6
References:.................................................................................................................................7