NIEs’ 3.5% GDP Growth Forecast Too Optimistic: Capital EconMani
Despite IMF's or the consensus forecast that Newly Industrialized Economies' (NIEs) GDP would grow around 3 -3.5% over the next five years, analysts at Capital Economics believe that the forecast almost “certainly looks too optimistic” and the NIEs will more realistically grow only around 2-2.5%.
Gareth Leather & Andrew Wishart said in their March 8 research note titled “Life in the slow lane for Asia’s Tiger economies” that they believe a sharp decline in the working age populations of the NIEs looks inevitable.
NIEs . . .
This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
If you are subscribed and having an account error please clear cache and then cookies if that does not work email email@example.com and we will get back to you as quick as humanly possible