The role of Asia-Pacific region in current stage of development of world economy
The role of Asia-Pacific region in current stage of development of world economy

Summary/Abstract: The article was written with the idea to show that the individual states in the world economy develop with help of the remaining which are recently considered to be high- -income economies. Development here shows certain consecutiveness, where interdependence between different groups of economies plays an important role. The best example can be built upon China experience – the market which increased its share in GDP, world imports and exports and recently the country is engaged in supporting development in low-income economies in Africa and Latin America. The engagement of China in CIS is also noticeable. Everywhere China has its interest – either it is food production and supply or access to raw materials, or investing in infrastructure which will help to establish local authorities who have to manage the economy and its ties internationally.

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