{"id":30037,"date":"2014-12-05T08:26:40","date_gmt":"2014-12-05T18:26:40","guid":{"rendered":"http:\/\/www.hawaii.edu\/news\/?p=30037"},"modified":"2021-10-18T15:21:13","modified_gmt":"2021-10-19T01:21:13","slug":"uhero-asia-pacific-forecast-states-moderate-regional-growth-faces-rising-risks","status":"publish","type":"post","link":"https:\/\/www.hawaii.edu\/news\/2014\/12\/05\/uhero-asia-pacific-forecast-states-moderate-regional-growth-faces-rising-risks\/","title":{"rendered":"University of Hawaii Economic Research Organization”>UHERO<\/abbr> Asia-Pacific forecast states moderate regional growth faces rising risks"},"content":{"rendered":"Reading time: <\/span> < 1<\/span> minute<\/span><\/span>

\"UHERO<\/p>\n

The University of Â鶹´«Ã½<\/span> Economic Research Organization (UHERO)<\/a> released its Asia-Pacific forecast, a review of economic conditions in the world economy with particular focus on Asia. The report includes forecasts for major countries and regions. <\/p>\n

The Asia-Pacific economy slowed this year, and only slight acceleration is expected in 2015. While U.S. economic conditions are steadily improving, Japan has had to delay for now additional tax hikes after the first one prompted contraction. Lower oil prices will be an overall plus for the global economy, even if they pose challenges for commodity exporters. China’s structural transformation and the eurozone’s struggle to move onto a satisfactory growth path continue to hold back global trade. This limits prospects for export dependent East and Southeast Asia.<\/p>\n

Forecast highlights:<\/p>\n