CATEGORY: Economic Snapshots
The Thai government and private sector are working in tandem to boost consumer spending, push through large-scale infrastructure projects and promote clusters of high value-added industries.
The fallout from the Arab Spring significantly dampened growth in Tunisia - from which the country still has yet to fully recover - but key sectors have seen a steady improvement, offering promising medium-term prospects.
With GDP growth coming in at 5.8% for 2015, after averaging 6.2% from 2010-14, the Philippine economy is establishing a record of stable high growth rates, and the long-term growth outlook has improved. The BPO sector appears set to continue snowballing and increasingly leading growth across the economy, and the drop in oil prices is an important positive change, the effects of which are likely to continue to play out for years.