Sunday, October 2, 2016
Bangladesh, Laos, Cambodia among others have better growth potential than developed markets
Emerging economies have a better potential to grow in the long-run than the developed markets. Among specific countries, Vietnam, Laos, Cambodia, Thailand, northern Malaysia, Myanmar, India, Bangladesh, China, Nepal have a very low GDP to per capita. I have no doubt that in the next 10 - 20 years, the GDP per capita in Vietnam could be higher than, say, Thailand. So the growth is there in these regions