The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site. Please see our Subscription Terms and Conditions.


All material subject to strictly enforced copyright laws. © 2021 Euromoney, a part of the Euromoney Institutional Investor PLC.
Surveys

Country risk Sep 2003: Measured enthusiasm on east Asian boom

Country risk index: East Asia continues to lead the growth pack, but offers significant risk; Turkey is - once again - at a turning point; and Africa continues to be unsettled, but with less risk of inter-country contagion.

For historical country risk data please visit the Euromoney Country risk website

| Global Projections | Methodology

IN JULY AND August, trackers of portfolio investors started reporting rising fund flows into east Asian equities as portfolio managers placed their bets on where best to reap the benefits of the global economic recovery. Economists and country risk analysts support their choice - up to a point.

"The fastest-growing economies in 2002 and likely this year are the east Asian economies," says Linda Yueh, who lectures in economics at the London School of Economics and Oxford University. "Looking in terms of world trade, more than 10% of growth is attributed to transition economies, including China," she says. Even taking into account the Sars epidemic, the rate of growth in the region is expected to be about 5% in 2003, with China (49) leading the way.

China has surpassed the UK (6) as the world's fifth-largest exporter and it is the sixth-largest economy. It has averaged growth rates of 9% over the past 25 years of market-oriented reforms.

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.

SUBSCRIBE ONLINE TODAY

Unlimited access to Euromoney.com and Asiamoney.com

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually

FREE 7 DAY TRIAL

Unlimited access to Euromoney.com and Asiamoney.com, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors

LOGIN NOW

Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree