Bain & Co

ASEAN faces more risks ahead of next downturn

Several structural shifts have left ASEAN more exposed to an economic downturn than during the last global financial crisis a decade ago.While ASEAN did not technically slide into recession during the last global financial crisis, structural traits that cushioned the region a decade ago – such as China’s strong growth and the global demand for commodities – now offer less of a buffer noted a report by global consultancy firm Bain & Co.

23 September 2019
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