TITLE

Asia-Pacific returning to days of sake & roses

AUTHOR(S)
Guerin, Didier
PUB. DATE
October 1999
SOURCE
Advertising Age;10/25/1999, Vol. 70 Issue 44, p60
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article reports on the state of the economies in Asia-Pacific countries as of October 1999. Asia Pacific, the place to invest in the early 1990s, is not appealing anymore. Yet economic growth has returned to the region. The region's growing technological performance should soon push these countries back onto the list of strategic priorities for many companies, big or small. But consider the growth the Asia-Pacific region is experiencing. South Korea's economy expanded at a 9.8% annual rate in the second quarter. China should reach 7% this year. Not far behind is Australia, which has had the highest sustained growth over the last nine years among the developed countries that are members of the Organization for Economic Cooperation & Development. Thailand and most Southeast Asia nations, with the exception of Indonesia, are fully recovering.
ACCESSION #
2415242

 

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