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,