Indonesia and India face structural obstacles to economic growth from the double whammy of weaker currencies and high oil prices. Lack of fuel subsidy reform is holding both back.
Tag : economy
The bank's senior economist, Frederic Neumann, highlights three reasons why investors should be worried as Asian growth appears predicated on pumping economies full of credit.
IMF director for Asia and Pacific, Anoop Singh, sees room for policy change and is positive about domestic consumption, but says collective action on growth drivers in the region is needed.
