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Comments on Southeast Asian economic outlook with perspectives on China and India

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Frame of Image GDP (PPP adjusted) for China and India is expected to reach at 24.7% in 2017. GDP Growth Forecasts (China) 20% 16% 12% 9.2% 8% 4% 0% 2000 2002 2004 2006 2008 2010 2012 2014 2016 W orld Share of GDP (PPP adjusted) Real GDP Growth 8.5% 8% 4% 0% 2000 2002 2004 2006 2008 2010 2012 2014 2016 W orld Share of GDP (PPP adjusted) Real GDP Growth 6.8% 5.6% 14.3% 18.3% 20% 16% 12% 6.9% 6.4% GDP Growth Forecasts (India) Source: IMF, World Economic Outlook Source: IMF, World Economic Outlook Economic Prospects: China and India Key drivers of domestic market growth in China and India  Industrialization, urbanization and expanding middle class have been key drives for recent domestic market growth - Strong demand for raw materials and consumption/capital goods.  Growth in trade shares for Asian countries have been far exceeding the increase in their relative economic size. Percentage of Urban Population 70% 60% 50% 40% 30% 20% 10% 0% 1990 1995 2000 2005 China 2010 India 2015 2020 2025 35.9% 27.7% 30.9% 49.2% 37.2% 65.4% Increase of Middle Class Population Economic Prospects: China and India GDP Forecasts for Major Countries (Billion US$, PPP adjusted) US China Europe 4 US Japan India China Europe 4 Canada Brazil Brazil M exico Russia Russia India Japan Korea Korea M exico Canada Upcoming Challenges Risk Factor I: Demographic Change  China’s “demographic window of opportunity ” is waning, but India’s is still rising. - Economically active population in China will soon decline (Low birth r


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Title Comments on Southeast Asian economic outlook with perspectives on China and India
Similar Titles
Material Type Proceedings
Author(English)

Lee, Siwwook

Author(Korean)

이시욱

Publisher

[Seoul] : Myungji University
Date 2013-03
Event [Conference] Economic Outlook and Development Challenges in Emerging Asia
Pages 13
Subject Country China(Asia and Pacific)
India(Asia and Pacific)
South Korea(Asia and Pacific)
Language English
File Type Documents
Original Format pdf
Subject Economy < General
Holding Korea Institute for International Economic Policy
License