In the Global economy, Asia has the lowest Risks

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Asia Risks Have Lessened, but Recovery to Be Gradual: Dow Jones

Asia Pacific economies will improve at a gradual pace in 2013 as the global economic outlook has brightened, but the risk of financial imbalance is growing in some parts of the region, the International Monetary Fund said in a report released Monday.

The IMF said the region as a whole should manage 5.7% growth in 2013, lower than its most recent forecast in October of 5.9%, partly because the region-wide slowdown in 2012 was deeper than IMF officials had expected. The IMF estimated 2012 growth at 5.3%.

The IMF defines the Asia Pacific region to include Australia and New Zealand and South Asian countries Bangladesh, India and Sri Lanka.

Buoyant domestic demand and strong capital inflows, fueled by easy monetary policies in the U.S., European Union and Japan, are the main factors underpinning expected steady growth in Asia, according…

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