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Asia's economic performance in recent years has been impressive. Despite considerable obstacles, including the legacy of the 1997-98 crisis and more recently surging oil prices, Asia's economic growth has been the fastest amongst the major regions in the world. Since 1999, growth in the region...
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The Asia-Pacific (APAC) region, which accounts for over 50 per cent of the world's population and over 35 per cent of the world's gross domestic product (GDP), is one of the fastest growing regions in the world. The region is growing at higher than the global growth rate and is expected to...
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Growth in Asia and the Pacific is projected to increase this year to 4.6 percent, up from 3.8 percent in 2022, an upgrade of 0.3 percent from the October 2022 World Economic Outlook. This means the region would contribute over 70 percent to global growth. Asia's dynamism will be driven primarily...
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