Asian Urbanization trends
Published on Monday, October 3, 2016 | Updated on Monday, October 3, 2016
Asian Urbanization trends
Summary
Urbanization phenomenon has increasingly spread over the last years, fostered by Asia and it’s expected to continue in the next decade. China and India, followed by Indonesia, are leading this urbanization process. The rapid pace of urbanization will drive higher income growth and consumption expenditure, as well as a change in consumption patterns.
Topics
- Topic Tags
- Macroeconomic Analysis
- Digital Economy
Authors
Sumedh Deorukhkar
BBVA Research - Senior Economist
Alvaro Ortiz
BBVA Research - Head of Analysis with Big Data
Tomasa Rodrigo
BBVA Research - Lead Economist
Le Xia
BBVA Research - Chief Economist