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|HANOI Paul Goldschmidt Jersey , May 17 (Xinhua) -- The gross domestic product (GDP) ofthe Asia-Pacific Economic Cooperation (APEC) economies is forecastto expand 3.8 percent in the 2017-2018 period, higher than globalgrowth.
The forecast was released in the latest APEC Regional TrendsAnalysis themed "Globalization: The Good, The Bad, and the Role ofPolicy" launched by APEC Policy Support Unit (PSU) here onWednesday.
Dr. Denis Hew, director of the APEC PSU, said at the launch thatin 2016 Zack Greinke Jersey , economic growth of the APEC stood at 3.5 percent,presenting a slight decrease compared to that of 3.6 percent in theprevious year.
Meanwhile, in 2019, the APEC's GDP will expand 3.7 percent,staying the same compared to the global economic growth.
Participants at the launch also discussed topics like assessmentof trade and globalization issues in Vietnam and across the APECregion, as well as new APEC trade and growth forecast Randy Johnson Jersey , and policyimplications.
APEC economies account for some three billion people, half ofglobal trade and 60 percent of world GDP. Enditem
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