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Economic Growth Predictions, 2016

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Editor’s Remarks:
India and China are expected to lead global growth for 2016 despite concerns over Modi’s demonetisation policy and China’s burgeoning corporate debt. The Asian tigers are still leading the way for economic growth as they take on more risks than the developed economies of the West. Spain, with a predicted growth rate of 3.1% is the third fastest growing economy of 2016, as the country begins to reinvest in infrastructure and construction post the recent housing bubble. The fast growth rate may be unsustainable for the top three nations, for which housing bubbles are predicted in all three.

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