Bloomberg – India, Philippines to Lead Asian Growth as Workforces Rise

PCV recently attended an Asian Development Bank briefing that highlighted many of these trends. It is important to note that high-tech infrastructure development is predicted to lead the next wave of growth.

May 5, 2017

‘For a vivid illustration of why demographics matter so much for economic growth, take a look at the diverging trends in Asia.

India and the Philippines are likely to post Asia’s fastest economic growth rates in coming years as their working-age population keeps expanding through 2020, in contrast with shrinking workforces across North Asia, Nomura Holdings Inc. estimates show.’

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