June 2005
Asia Monitor: South East Asia Monitor Volume 1;Jun2005, Vol. 16 Issue 6, p8
Country Report
Country Report
The article reports that South East Asia is set to remain one of the fastest growing regions in the world economy. In its recent Asian Development Report Outlook for 2005, the Asian Development Bank (ADB) is forecasting South East Asian growth at 5.4 percent in 2005, down from the 6.3 percent growth the region enjoyed in 2004. In the report, the ADB said that growth would be underpinned by continued strength in external demand, as well as more buoyant domestic demand, in particular, business investment. The ADB outlined a number of key risks to its scenario, including higher oil prices, a slowdown in external demand, and major imbalances in the U.S. economy.


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