How have developing Asian economies fared in 2013 (calendar year)?

[Raphael]

According to tradingeconomics.com, the last two quarters of growth (i.e. starting from Jan 1. 2013) for some Asian countries:

China: 7.9, 7.7
Philippines: 7.1, 7.8
Indonesia: 6.1, 6.0
Sri Lanka: 4.8, 6.3
Malaysia: 6.5, 4.1
Vietnam: 5.4, 4.9
India: 4.7, 4.8

These are figures that the West would salivate for, but somewhat below the growth that developing Asian countries are used to. Because of how export-dependent most of these economies are, we are betting our hopes on Europe getting its sh!t together. Let's hope that the rest of 2013 will get better.

 

[kawaraj]

These are still good numbers.

.....India at the bottom a surprise.

 

[Bobby]

India became complacent after good growth...it is a wake up call for India....fundamentals are strong so India can turn around in quick time....

 

[kawaraj]

I see china is also decelerating a bit, the other surprise.

 

[third eye]

These are still good numbers.

.....India at the bottom a surprise.

Political stability is a pre requisite for decision making which promotes growth.

India is stuck with coalition politics of the worst kind.

 

[ephone]

China has policy changes to slow down intentionally to pursue high quality growth now. It is now in a different stage now.

I see china is also decelerating a bit, the other surprise.

 

[Zero_wing]

China has policy changes to slow down intentionally to pursue high quality growth now. It is now in a different stage now.

decay is more like it not unless china changes policies the right way

 

[UKBengali]

Apart from India and Vietnam the rest of the countries are doing good.

 

[ephone]

We have idiots like gordon chang chanting the same china doom theory for the past 15 years or more; we do not mind adding another idiot with "decay" theory either.

decay is more like it not unless china changes policies the right way

 

[Zero_wing]

We have idiots like gordon chang chanting the same china doom theory for the past 15 years or more; we do not mind adding another idiot with "decay" theory either.

Don't know him and don't care

 

[ephone]

Of course you don't. Who expect idiots like you know anything?

Don't know him and don't care

 

[huskie]

For countries such as China and India, these numbers are not good enough to provide enough jobs for the young workforce, particularly for India.

These are still good numbers.

.....India at the bottom a surprise.

 

[Zero_wing]

Of course you don't. Who expect idiots like you know anything?

Because its irreverent to the subject matter really you wanna claim a whole sea and your calling idiot wow

 

[itachiii]

For countries such as China and India, these numbers are not good enough to provide enough jobs for the young workforce, particularly for India.

IDK abt china , but a growth rate of 5% doesn't bring and good to INDIA , we need atleast 8(>8) to bring the poor out of the poverty line..

 

[huskie]

generally speaking, positive growth rate has a strong positive correlation with the number of new jobs created in that year. If the workforce is expanding at a fast pace, like India, you probably need 10% real growth to completely place the new workers (job seekers fresh out of school or people who reached working age) into employment. 5% growth indicates that new jobs are being created in India, just not enough. That is probably why the Economist is recently saying that India failed to turn its workforce into "demographic dividends" like the east asian countries did in the past. For China, its workforce is actually stabilizing (and some may fear shrinking), but still, it is hard for its fresh out of college graduates to find decent jobs in this economy.

IDK abt china , but a growth rate of 5% doesn't bring and good to INDIA , we need atleast 8(>8) to bring the poor out of the poverty line..