Asian Countries See Growth Deteriorating in Q1
February 2nd, 2012

Courtesy of Emerging Market Insights, an updated look at economic forecasts for Asia:

Asia Macro Overview

Countries across Asia are beginning to see their growth deteriorate as ongoing problems in the eurozone, persistent malaise in the US, and a government-engineered slowdown in China undermine the region’s prospects. Several ASEAN countries have already begun cutting interest rates to spur growth; however, it is unlikely that their efforts will be sufficient to halt the regional slowdown

  • Bangladesh: Bangladesh is not likely to be able to sustain strong economic growth due to its weak fundamentals as well as the global slowdown
  • Cambodia: Cambodia’s GDP growth in the new year will likely be hit by the devastating floods and global economic slowdown
  • China: Scarce labor and rising wages are problems no longer limited to producers operating in coastal China
  • India: Companies should begin making contingency plans for a stagflation scenario in 2012
  • Indonesia: A new land acquisition bill will help accelerate Indonesia’s infrastructure development and ease bottlenecks in the economy
  • Japan: Companies should make contingency plans for significant power shortages in Japan this summer
  • Malaysia: Rising global volatility and a broad slowdown in Asia are undermining the confidence of Malaysia’s businesses and consumers
  • Pakistan: Companies should make contingency plans to deal with a weaker rupee as Pakistan’s currency may depreciate over the coming months
  • Philippines: Although Manila has begun taking steps to protect the Philippines’ growth, the country remains relatively exposed to a global slowdown
  • South Korea: A new FTA with the US will have a dramatic effect on the competitive landscape of several major industries across Korea
  • Taiwan: Growth is strong based on regional demand; however, caution is needed as trade might falter with global economic uncertainty
  • Thailand: A newly-announced flood defense plan along with recent monetary easing should help spur Thailand’s slowing growth
  • Vietnam: Companies should make plans to deal with striking workers as the labor unrest that is rocking Vietnam is unlikely to subside in H1 2012

This entry was posted on Thursday, February 2nd, 2012 at 2:26 pm and is filed under Uncategorized.  You can follow any responses to this entry through the RSS 2.0 feed.  Both comments and pings are currently closed. 

Comments are closed.


ABOUT
WILDCATS AND BLACK SHEEP
Wildcats & Black Sheep is a personal interest blog dedicated to the identification and evaluation of maverick investment opportunities arising in frontier - and, what some may consider to be, “rogue” or “black sheep” - markets around the world.

Focusing primarily on The New Seven Sisters - the largely state owned petroleum companies from the emerging world that have become key players in the oil & gas industry as identified by Carola Hoyos, Chief Energy Correspondent for The Financial Times - but spanning other nascent opportunities around the globe that may hold potential in the years ahead, Wildcats & Black Sheep is a place for the adventurous to contemplate & evaluate the emerging markets of tomorrow.