ADRA - Economic Forecast: Asia Will Drive Global Economy In 2019
Asia will drive the global economy in 2019, according to an analysis of 40 major economies based on inflation and GDP growth forecasts by GlobalData, a leading data and analytics company.
The company's analysis categorizes each country by "Low", "Moderate" and "High" GDP growth rate together with "High Inflationary Economies" during the period 2014-2018 (annual average).
High-growth economies
Principally located in Asia and accounting for more than half of the world's GDP growth in 2019, high-growth economies include Indonesia, India, Malaysia, The Philippines, China, Turkey and Ireland.
Amid the ongoing trade war with the US,