The 2018 World Economic Outlook by International Monetary Fund (IMF) report projects that growth in emerging market and developing economies will raise before leveling off and policymakers should seize this opportunity. IMF has been stressing for long that the good times won’t last long but sound policies can stay. Philippines with GDP at $955.2 billion has been bypassed by one Asian country after another, yet it has maintained its economic growth over the years and is ranked as top 10 Asian nations. On the other hand, Indonesia is one of the emerging market economies of the world and Thailand is a newly industrialised country and shows great development. A young population pushes an economy to create jobs.

Source: The Nation Bangkok September 08, 2018 05:59 UTC