Economic Prospects in Asia & the Pacific Celebrate Resilience, Prepare for Headwinds

BANGKOK, Thailand, Aug 01 (IPS) – Economic performance in Asia and the Pacific has proved to be quite resilient to the shocks of the past few years – the COVID-19 pandemic, the ongoing wars in Ukraine and Gaza, and the cost-of-living crisis. In 2023, the region’s economy drove over 60 per cent of the global economic growth.

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