The Economic Outlook for Asia, China and
India 2014 shows the region’s situation beyond the middle-income trap.
The report has highlighted that the domestic
demand will be in rise in the coming years. The report reads:
Real GDP growth in Emerging Asian economies
is projected to be moderating gradually but remains robust over the 2014-18
period, according to the results of the OECD Development Centre’s Medium-Term
Projection Framework for this 2014 edition of the Economic Outlook for Southeast
Asia, China and India. As a whole, the Emerging Asian Economies are expected o
grow by 6.9 per annum in 2014-18.
