Home /ASIA Fastest Growing Region in 2015
ASIA Fastest Growing Region in 2015
Submitted by christian on Sat, 12/27/2014 - 17:58
Improving fundamentals, successful reform programmes and, last but not least, lower oil prices will make emerging Asia once again the fastest growing region in the world in 2015, according to forecasts by international economic institutions such as World Bank, Asian Development Bank (ADB) and International Monetary Fund (IMF).
Studies show that the region will enjoy average GDP growth of nearly 7% in the coming year, which is by far stronger then the forecast for the entire Asian continent at 4.5%.
