{"id":86337,"date":"2019-11-05T17:33:47","date_gmt":"2019-11-05T12:03:47","guid":{"rendered":"http:\/\/factly.forumias.com\/?p=11396"},"modified":"2019-11-05T17:33:47","modified_gmt":"2019-11-05T12:03:47","slug":"economic-outlook-for-south-east-asiachina-and-india","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/economic-outlook-for-south-east-asiachina-and-india\/","title":{"rendered":"Economic Outlook for South East Asia,China and India"},"content":{"rendered":"\n<p><strong>News:<\/strong>The Organization for Economic Co-operation and Development(OECD) has released its report titled Economic Outlook for South East Asia,China and India.<br><\/p>\n\n\n\n<p><strong>Facts:<\/strong><br><\/p>\n\n\n\n<p><strong>Key takeaways from the report:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>India\u2019s gross domestic product(GDP) is projected to grow at 6.6% in 2020-24 lower than its 2013-17 average of 7.4%.<\/li><li>The report said that India\u2019s reliance on consumption will continue due to large informal labour share which indicates that there is room to strengthen the consumption base.&nbsp;<\/li><li>It has also added that India must continue to focus on boosting the health of the banking sector while bridging the disparity in urban and rural infrastructure.<\/li><li>Further,the report has said that India needs to improve its digital literacy and increase access to digital devices.<\/li><\/ul>\n\n\n\n<p><strong>Report on ASEAN countries:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Among ASEAN countries,Vietnam and the Philippines will remain as the growth leaders.<\/li><li>The report also predicts that the emerging trade tensions between the US and China will affect emerging Asian market.<\/li><\/ul>\n\n\n\n<p><strong>Additional information:<\/strong><br><\/p>\n\n\n\n<p><strong>About OECD:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>The Organisation for Economic Co-operation and Development(OECD) is an intergovernmental economic organisation with 36 member countries<\/li><li>It was founded in 1961 to stimulate economic progress and world trade.It is headquartered in Paris,France.<\/li><li>India is not a member of OECD but has been a key economic partner.<\/li><\/ul>\n","protected":false},"excerpt":{"rendered":"<p>News:The Organization for Economic Co-operation and Development(OECD) has released its report titled Economic Outlook for South East Asia,China and India. Facts: Key takeaways from the report: India\u2019s gross domestic product(GDP) is projected to grow at 6.6% in 2020-24 lower than its 2013-17 average of 7.4%. The report said that India\u2019s reliance on consumption will continue&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/economic-outlook-for-south-east-asiachina-and-india\/\">Continue reading <span class=\"screen-reader-text\">Economic Outlook for South East Asia,China and India<\/span><\/a><\/p>\n","protected":false},"author":61,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3127],"tags":[3911,3467],"class_list":["post-86337","post","type-post","status-publish","format-standard","hentry","category-economy","tag-economic-outlook","tag-oecd","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1704808764},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/86337","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=86337"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/86337\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=86337"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=86337"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=86337"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}