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7% GDP growth in Vietnam, Philippines start of a fintech-AI-reform powered long World Economic Boom

• nextbigfuture.com by brian wang

The Boom years of the 1960s and early 1970s at over 5% global GDP growth could also be possible.

This would be seen as coming true if 2018 and 2019 achieve solidly over 4% world economic growth versus the low 3% GDP growth of the last decade.

The Philippines' had 6.9% GDP growth in the 3rd quarter. This was second to that of Vietnam's 7.46%, but faster than Indonesia's 5.06% and Singapore's 4.6%. It was also faster than China's 6.8%.

The Philippines aims to reach 7% to 8% growth annually over the next 6 years, with an P8.4-trillion infrastructure plan until 2022 and a tax reform proposal pending at the Senate.

Goldman Sachs is predicted a stronger world economy in 2018

Goldman Sachs is predicting the global economy will grow at 4 percent on a real gross-domestic-product basis because of several factors.

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