ALAN M. FIELD
During the last four decades, growth rates of
Last year was no exception, with developing East Asian countries recording their highest growth rate (10.2 percent) in more than a decade, according to the World Bank.
Growth rates in emerging Asian countries have traditionally tended to slow whenever the
9.2 percent in 2009, according to the World Bank. Todd Lee, managing director of Global Insight’s Greater China group, agreed that
Last year, economists were pleased to see
“There is a lot of interest in
Although rising prices for fuel and food are hurting some of these nations, others are enjoying a windfall as a result of the higher prices of oil, rice, coconut oil, iron ore, copper and rubber.
Economists believe that emerging
Where does this leave trade? Emerging Asian exports are growing at a slower pace, in part because they are expanding from a much higher base.
For emerging Asia, markets in the
Several intraregional free-trade agreements are in various stages of negotiation. These include agreements that would link
For all their similarities, there are significant contrasts among emerging Asian nations.
Even Indian manufacturers are concerned about