Blog posts tagged by tag: Asia

• Vietnam Poised to Profit from Free Trade Agreement Opportunities

  Since the Doi Moi policy reform overhaul starting in 1986 and more recently through its accession into the World Trade Organization in 2007, Vietnam has become a success story of robust economic growth driven by trade liberalization and global integration. Indeed, Vietnam's opening to international commerce and foreign direct investment has undoubtedly played a pivotal role in the stellar growth it has experienced over the last three decades, that transformed it from one of the poorest nations in the world to a middle-income market economy. Its economic narrative has been one of a rapid transition from an agriculture-based economy to one where manufacturing and services play a much larger role.

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  Tags: Asia

• Which ASEAN countries are most exposed in the event of a U.S.-China trade war?

  The pounding of the trade war drums is growing ever more deafening, with the U.S. and China currently engaged in an escalating, tit-for-tat tariff battle. The latest salvo came on 23 August when a fresh raft of tariffs came into force and two days of trade talks in Washington drew a blank. Many are still hopeful that common sense will prevail, but what if negotiations fall through? What would happen if analysts’ worst fears are realized, and we enter a full-blown trade war? What would be the impact on the export-oriented economies of the ASEAN region?

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  Tags: Asia, Trade

• The role of FDI in Vietnam’s socio-economic development

  Foreign direct investment (FDI) has played a crucial role in catalyzing Vietnam’s socio-economic development and its economic integration into the global scene since it started transitioning to a market-oriented model three decades ago. Easing restrictions for foreign investors encouraged a substantial mobilization of overseas capital into the strategically located economy. Investors were drawn to Vietnam’s enormous untapped potential promising high returns, along with a cheap workforce and high endowment of natural resources. A seismic shift in Vietnam’s economic structure from agriculture to industry, since the 1986 Doi Moi economic reforms were implemented, spurred a massive movement of workers from one industry to the other, encouraging the emergence of private domestic and foreign enterprises.

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  Tags: Asia

• What are the prospects for Emerging Economies in 2017?

  Emerging markets started 2016 on a weak note, with concerns over falling commodity prices and China’s slowing economy weighing on economic outlook. However, as the year progressed, various factors have led to emerging-market strength and economic performance was better than initially expected.

  After expanding 4.0% in 2015, emerging economies grew by an estimated 3.9% last year, according to FocusEconomics’ Consensus Forecast. Economic growth was supported in 2016 by improving commodity prices and a broadly stable U.S. dollar. China’s economy proved more robust than initially feared and the recovery now looks to be back on track in Brazil and Russia.

  But what’s in store for emerging markets this year? Will growth pick up in 2017?

  

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  Tags: Asia, Eastern Europe, Infographic, MENA, Sub-Saharan Africa

• What to expect in Asia for 2017

  

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  Tags: Asia, Infographic

• Global growth to edge up in 2017

  Global growth is likely to strengthen this year but uncertainty over geopolitical issues across the globe, elections in various European countries, Brexit negotiations and Donald Trump as President of the United States, pose risks to growth. Have a look at what is expected for the developed economies & the emerging markets in 2017.

  

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  Tags: Asia, Eastern Europe, Economic Growth (GDP), Infographic, Latin America, Major Economies

• How will emerging markets perform in 2017?

  After a difficult 2015, the emerging markets have fortunately not decelerated as initially feared this year. Economic growth has been supported in 2016 by improving commodity prices and a broadly stable U.S. dollar. China’s economy has proved more robust than initially feared and the recovery now looks to be back on track in Brazil and Russia.

  FocusEconomics’ Consensus Forecast sees emerging economies as a whole growing 3.9% this year, after expanding 4.0% in 2015. But what is in store for emerging markets in 2017?

  Have a look at our latest Consensus Forecasts and find out what our panel of analysts says about the outlook for the key emerging markets next year.

  

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  Tags: Asia, Eastern Europe, Infographic, Latin America, MENA, Sub-Saharan Africa

• Asia: Unremarkable growth & unfulfilled promises?

  Is Asia’s economy stabilizing? Will Asia ever fulfill its promise of being the driving engine for global growth? Will China get back to the booming growth of a few years ago or has the last year been a sign of the beginning of the end? Will India usurp China as the darling of the Asia-Pacific economy? These are some of the questions on the tips of tongues of many, and we try to answer those questions and more in our progress report on the Asian economy so far in 2016.

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  Tags: Asia, China, Economic Growth (GDP), India, Japan

• The economic impact of a break in U.S.-Philippines ties

  In an unexpected yet not entirely surprising turn of events, Philippines President Rodrigo Duterte continued his anti-U.S. rhetoric in late October by declaring that the island country would be “breaking up with America.”

  The U.S. and the Philippines have shared strong relations dating all the way back to the late 19^th Century when the U.S. occupied the Philippines as a colony. The relationship between the two nations has even been described as a “special relationship.”

  Announced on 17 November, the Philippine economy expanded 7.1% in the third quarter of 2016 despite Duterte's antics since taking over in June. The economy is going strong, for now. In this post we take a look at what is at stake for the Philippine economy if Duterte does indeed move to break off relations with their long-time ally and driver of economic growth, the U.S.

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  Tags: Asia, China, USA

• Assessing Vietnam's economy: key growth drivers and challenges

  As many of the world's largest emerging economies were faltering earlier this year, namely China, Russia, and Brazil, Vietnam appeared to be one of the emerging market standouts. Since then, however, the Vietnamese economy has shifted into a lower gear as adverse weather conditions damaged a large share of agricultural output, which accounts for almost 20% of GDP. Following disappointing first and second quarter GDP readings, analysts now project Vietnam expanding 6.1% this year, which is substantially lower than the near 7% growth that was expected earlier in year. Despite the disappointing year thus far for Vietnam, FocusEconomics expects steady growth in the manufacturing and construction sectors to offset the impact of the lower agricultural yield and help the economy recover in the second half of the year. We recently sat down with our Vietnam expert economist Jean-Philippe Pourcelot to chat about how he views Vietnam's economic outlook, the key factors that will affect the country's economic growth in 2016 and how reforms could help Vietnam's government to improve FDI and foster a more business-friendly environment overall.

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  Tags: Asia, Economic Growth (GDP), Investment, Vietnam

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