Asia Pacific Economic Outlook
Q1 2016

This edition gives a near-term outlook for Australia, Indonesia, Singapore, and South Korea. The Australian economy’s move away from export-driven to domestic demand-driven activity could help it sustain growth. In Indonesia, uncertainty continues due to the impending rate hike by the US Federal Reserve and China’s weak economic data. Singapore is going through a rough patch, driven by both internal and external economic forces. And South Korea counts on domestic demand to drive growth.

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South Korea: Positive signs

Dr. Ira Kalish