Description

Australia, Argentina, Japan, and South Korea have been classified as the Rest-of-World (RoW) countries in this study. The RoW countries are gradually reviving from global economic slowdown so they are expected to register moderate growth in Q1 2014. Post the mining boom era, investment in non-mining industry is expected to revive the growth path of Australia. In Argentina and South Korea, foreign direct investment inflow is expected to get a boost due to an improved business and investor confidence scenario. Favorable results in Japan and South Korea are expected from Q1 2014 onwards due to the macroeconomic policy adjustments.