7 P's Of Banking Sector
Asian Economies
Asian Economies have brought tremendous success in the recent years. Economic growth rate in China crossed a two-digit number, while economic growth in India’s Economy is near to 10 percent. Apart from those two emerging Asian Economic giants, economies such as Philippines, Indonesia and Malaysia are growing at a faster pace. Find below various economic indicators on the Asian Economies.
GDP growth projections among various Asian Economies over years are as follows:
GDP Growth Projection On Asian Economies
Country Name 2007 2008
Japan 2.3 1.9
Hong Kong SAR 5.5 5.0
Korea 4.4 4.4
Singapore 5.5 5.7
China 10.0 9.5
India 8.4 7.8
Indonesia 6.0 6.3
Malaysia 5.5 5.8
Philippines 5.8 5.8
Thailand 4.5 4.8
Vietnam 8.0 7.8
Source: IMF, WEO Database
Current Account Balances in those Asian Economies are as follows:
Current Account Balance Projection 2007 (In Percentage Of GDP)
Country Name Projection......
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