South Asia Growth Prospects Amid Global Uncertainty
Diego Maiorano
15 August 2019
Despite a slowdown of the global economy due to escalating trade tensions between the United States and China, South Asia as a region continues to grow fast and steadily. However, two diverging trends are noticed: on the one hand, India and Bangladesh are among the fastest growing economies in the world and are expected to remain on the high-growth track. On the other hand, Pakistan and Sri Lanka’s economies have been slowing down, mainly because of domestic economic and political uncertainty.