Asian economies seem to be over the crisis

According to the datas of the Asian Development Bank (ADB) presented on Thursday; the average economic growth of the countries in the region this year could reach 7.5 percent and 7.3 percent next year.

The analysis notes; the countries in the region survived the crisis relatively well in 2008 and in 2009, because their governments have taken effective actions to boost the economy. According to the ADB now the focus should be put to stimulate private consumption, rather than fiscal and tax subsidies – reports profitline.hu.