AccessMyLibrary provides FREE access to millions of articles from top publications available through your library.
Byline: Henry J. Schumacher
Asia, once shunned after the 1997 financial crisis, has now become the center of the global recovery, thanks to stimulus measures that have been implemented by most countries in the region. Asia's sharp rebound began earlier than the rest of the world, aided by inventory restocking, aggressive policy stimulus, and strong end-user demand from China.
The region is now expected to see the recovery gain momentum next year. China leads the pack, but many other countries are expected to post substantial GDP growth, such as the more domestic demand-driven economies of India, Indonesia and Vietnam, alongside cyclical rebounds in the more export-oriented countries led by Singapore, and South Korea.
The stable political environment, an improving investment climate and healthy capital inflows are expected to support investment in India and …