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BRIEF

Regional Growth Reports and Studies

February 18, 2014

A recent World Bank report shows that increased investment, higher incomes and spending are spurring growth in Africa.

Growth Around the Regions
  • Africa's rich resources, along with higher incomes and more money to spend at the household level, are helping boost the region's economic growth prospects for 2014.
  • World Bank economists are cautiously optimistic about economic prospects in South Asia in 2014 because of growing exports and investment.
  • The 2014 GDP growth forecast for developing countries in the East Asia Pacific region is 7.1%, but structural reforms are key to long-term growth and prosperity.