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Regional growth to strengthen in late 2012
March 5th, 2012 by THE INVESTOR | Leave a comment | Global News
Our central scenario is that the crisis in Europe will be gradually resolved and that the US economy will continue to recover, albeit slowly. The global economy still faces major challenges, however, and risks remain to the downside over the short term. Asia Pacific growth should remain relatively weak in early 2012 before starting to strengthen in the second half of the year. For 2012, aggregate regional growth of 4.9% is expected, close to three times faster than the rest of the world, as stronger investment and private consumption should help to provide a buffer against a significant softening of export growth.

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