Unit 8: Discovery Research

Unit 8: Lecture

https://youtu.be/l729C1JQT3E

According to the IMF’s latest regional assessment, the Asia and Pacific region continues to deliver sturdy growth in the face of widespread concerns about growing isolationism, a rapidly aging society, and slow productivity growth. The Regional Economic Outlook for Asia and the Pacific estimates growth for the region to increase by 5.5 percent in 2017 from 5.3 percent in 2016. Growth will remain strong at 5.4 percent in 2018, as the region continues to be the leader of global growth. The report also quotes the more favorable global environment with growth accelerating in many major advanced and emerging market economies—notably the United States and commodity exporters—as supporting Asia’s positive outlook. Risk appetite remains strong in global financial markets despite some bouts of capital flow volatility in late 2016.

Continue your literature review to keep up with the Asian economic growth dynamism.

Reference

1. IMF. (2017, May 9). Asia's Dynamic Economies Continue to Lead Global Growth (Links to an external site.) . Retrieved from https://www.imf.org/en/News/Articles/2017/05/08/NA050917-Asia-Dynamic-Economies-Continue-to-Lead-Global-Growth