Sunday 8 December 2019
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wn.com - 19 days ago

Structural Reforms Can Counter Slower Growth Across APEC

Structural reforms can counter slower economic growth in the Asia-Pacific region, says a new report by the APEC Policy Support Unit. Continued uncertainty related to trade tensions dampened investment and consumer spending in the region in the first half of 2019, resulting in a moderating of growth to 3.6 percent, according to the November 2019 edition of the APEC Regional Trends Analysis report. In 2018, the APEC region s economy expanded by 4.3 percent during the same period. APEC economies account for 40 percent of...


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