After The Financial Crisis, Is Asia-Pacific An Export-Lighter, Credit-Heavier Model?

Down but not out. Although Asia-Pacific’s pace of expansion has declined over the past few years or so, the region’s growth continues to be the highest in the world after the global financial crisis. Moreover, exports–the main growth engine in some economies–have waned. With ultra-low interest rates generated by major central banks, lending has surged in some Asian economies, providing–at least for now–an offset to weaker external demand. Add to this mix slower growth in the two Asian giants, China and India, and we believe the region is unlikely to return to pre-crisis growth even if the advanced economies–particularly the United States–recover smartly.

Read more at

https://www.globalcreditportal.com/ratingsdirect/renderArticle.do?articleId=1197848&SctArtId=185926&from=CM&nsl_code=LIME

 

About AIWMI

The Association of International Wealth Management of India (AIWMI) is a not-for-profit organization and a globally recognized membership association for finance professionals. AIWMI primarily focuses on the broad and strategic role of developing a more robust and forward-looking training infrastructure for the financial services sector and to promote more active industry involvement and collaboration in training and continuing education. AIWMI is offering advanced international certification programs along with a wide variety of high-quality executive education programs. AIWMI programs combine state-of-the-art knowledge and skills with practical experience and insights into the functioning of the financial sector. All AIWMI courses and educational events have an intense and pragmatic curriculum. Participants are exposed to the latest developments within the financial services sector. AIWMI plays a key role in guiding the development of the financial services sector. AIWMI works with key industry participants’ viz. the Government, the Regulators, the Industries/Associations, the Corporate, the Media and the General Public to achieve its objectives. Besides enhancing technical competence and professionalism in the industry, AIWMI organizes events and facilitates discussions to promote best practices in leadership and talent development in the financial sector with an aim to become Asia’s premier center of excellence for financial education.

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