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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


Full Text
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
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