Where is the growth story in Asia
According to Mickey Levy, chief economist of Bank of America, the place to look is Japan.
“When I look at all the Asian nations, the real surprise is unfolding in Japan,” says Levy. “Japan is going to significantly exceed expectations in economic growth - maybe by a surprising amount.”
What is his definition of a surprising amount Why, he asks, is not feasible to see as much as 2.5% GDP growth for Japan in 2006
Can that be
“Everything is relative not only to expectations, but to potential growth, he...