Emerging Asia Economics

Emerging Asia Economics Weekly

23 November, 2018

Trade war not to blame for Q3 slowdown

A lot of commentary has blamed the slowdown in Asian GDP growth in the third quarter on the trade war between the US and China. We think these claims are misguided. The most obvious explanation for the downturn in Asian growth last quarter is a slowdown in global growth, which has hit demand for the region’s exports.

Meanwhile, although we expect Pakistan and the IMF to eventually agree on the terms of a bailout, the announcement earlier this

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