1945

Economic growth in the developing countries of Asia and the Pacific slowed to 5.6% in 2012 as a result of the double-dip recession in the euro zone and the tepid recovery of the U.S. economy. Although growth is projected to inch up to 6% in 2013, this rate is still below the average of 7.8% achieved in 2010-2011 and the average of 8.6% observed during the pre-crisis period of 2002-2007. More importantly, the extent to which the region’s economic growth is contributing to the achievement of key development goals remains unclear.

Related Subject(s): Economic and Social Development
Sustainable Development Goals:
/content/books/9789210560313c003
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