A new regional report by the United Nations finds that developing countries in Asia and the Pacific will continue driving the global economy in 2011, while warning that high food and fuel prices as well as volatile capital inflows pose fresh challenges. The annual flagship report by the UN Economic and Social Commission for Asia and the Pacific (ESCAP) projects a strong economic growth rate of 7.3 per cent after last year's 8.8 per cent.
A new regional report by the United Nations finds that developing countries in Asia and the Pacific will continue driving the global economy in 2011, ...