Asian economies to dominate 7%
14, May 2019
Prelims level :
Mains level :
- The 2020s are set to be the Asian decade, with the continent dominating an exclusive list of economies expected to sustain growth rates of around 7%.
- Ethiopia and Côte d’Ivoire are also likely to reach the 7% growth pace.
- India, Bangladesh, Vietnam, Myanmar and the Philippines should all meet that benchmark, according to a research note.