Our readers are starting the new year with an optimistic spring in their stride, having claimed in our web poll last week that 2011 will be even better than last year for economies in Asia.
The World Bank agrees that Asia’s economic outlook is solid and that the region drove the global recovery in 2010, but said in a recent report that it expects a slight retreat in growth in 2011 as the recovery stabilises.
“The world economy is moving from a post-crisis bounce-back phase of the recovery to slower but still solid growth this year and next, with developing countries contributing almost half of global growth,” the report said.
In Southeast...
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