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27 Oct 2021  |  Asia Pacific  |  Frost Radar

Frost Radar™ for Economic Development: Broader Asia, 2021

Australia, South Korea, and New Zealand Emerge as the Broader Asian Leaders

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Key Issues Addressed

The Frost Radar™ for Economic Development determines a region's future growth and development potential measured by its ability to enhance citizen satisfaction of quality of life. This report explores Broader Asia’s strengths and weaknesses through country-level assessments of growth and innovation initiatives and benchmarks each country on these t...

Apart from India which appears to be on an upward growth trajectory, the growth outlook for BRICS countries remains subdued. Russia is expected to continue to reel under the pressures of Western sanctions and falling crude oil prices, and no growth is expected in 2015. China’s housing market is expected to continue to remain weak in 2015 after a si...

The growth prospects of the economies in emerging Asia-Pacific are expected to be affected significantly by the uncertainties arising from the economic slowdown of major Asian superpowers such as China and Japan, and the Eurozone. However, certain positive factors such as declining oil prices, a rebounding US economy, with US being a key exports m...