2013-07-23 The Shape of Emerging Economies 
    2013-07-22 17:34:54     CRIENGLISH.com         Web Editor: Chen Cong

The mid-year IMF World Economic Outlook report has predicted that economic growth in emerging market economies will be lower than previous predictions suggested.

Some reasons for this slower growth are country-specific, such as infrastructure bottlenecks, commodity prices, and financial stability. Other factors, such as continuing low demand in the US and Europe, are a problem for all emerging market economies.

The Chinese economy's growth in 2013 is forecast to be 7.75%.

So how do experts assess the economic challenges for emerging market economies? What must the governments of these countries do to try and overcome these challenges?

Ni hao, you're listening to   People In the Know, bringing you insights into the headlines in China and around the world, I'm Zheng Chenguang in Beijing. 

We speak to Murtaza Syed, resident representative of the IMF in China, and Jayati Ghosh, professor of economics at Jawaharlal Nehru University, in New Delhi.


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