Emerging Asia must reform to keep growing, says IMF research
As Asia's emerging economies shift into a lower gear, the case for boosting growth and unleashing productivity gains through broad-based structural reforms has become stronger, according to an International Monetary Fund working paper released yesterday.
In Potential Growth in Emerging Asia, Rahul Anand, Kevin Cheng, Sidra Rehman and Longmei Zhang use three distinct approaches – statistical filtering, production function and multivariate model – to estimate potential growth for China, India and
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