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According to the research note, India, Bangladesh, Viet Nam, Myanmar and the Philippines should all meet that benchmark.
Ethiopia and Côte d’Ivoire are also likely to reach the 7% growth pace, which typically means a doubling of gross domestic product every ten years.
That’ll be a boon to per-capita incomes, with Viet Nam’s soaring toUS$10,400 in 2030 from about US$2,500 last year, they estimate.
That’ll be a boon to per-capita incomes, with Viet Nam’s soaring to US$10,400 in 2030 from about US$2,500 last year, they estimate.
The Asian dominance of the list is a change from 2010, when the bank first started tracking the economies it expected to grow by around 7%. Back then, there were ten members evenly split between Asia and Africa: China, India, Indonesia, Bangladesh, Viet Nam, Nigeria, Ethiopia, Tanzania, Uganda, and Mozambique./.
By Kim Loan