Developing Asian Economy - OCT 11

Source: OPEC 10/20/2011, Location: Asia

Contrary to the expectation that developing Asian economies will accelerate growth together with the Japanese recovery from the natural disaster because of trade ties, they in fact slowed down in the first half of the year. The effects of the slowdown in the US and the Euro zone have offset the impacts of the Japanese rebound. The possibility of the repetition of the 2009 collapse of global trade seems to be very low, but most observers predict a benign slowdown from the recent period of above-trend growth in developing Asia. While the year has begun by the attempts of policy makers to cool down overheating economies by trying to curb domestic demand: overheating now for most exporters is no longer the serious threat facing their economies.


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