After strengthening every year since 2001 from a low of 6% to a high of 8.6% in 2006, real gross domestic product (GDP) growth for the leading emerging markets in Asia is set to ease slightly to 8.2% in 2007, according to the latest regional economic report of the Institute of International Finance (IIF), the global association of 375 financial services firms.
The IIF notes: “The current six-year expansionary cycle for the leading emerging markets in Asia appears to have peaked, although there is considerable momentum in most economies to sustain strong growth over the near term.
