Recent oil price increases are not a big threat to emerging Asia. The inflationary impact will be small even if prices remain at current levels. Asian economies are relatively oil-dependent but their stronger fundamentals mean they can withstand high prices better than more fragile economies elsewhere. India and Thailand look most vulnerable within Asia, while China is among the least exposed.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.