15. The Rise of Asian Economies (Late 20th-21st Century)
The rapid economic ascent of nations such as Japan, South Korea, China, and Singapore has transformed the global economic landscape. Dubbed the ‘Asian Miracle’, this era witnessed unprecedented growth in technology, manufacturing, and trade, propelling Asia to the forefront of world affairs. These advancements have shifted the balance of economic and political power, influencing markets, innovation, and international relations. The region’s dynamic growth story continues to shape the future.
