South Asian economies could gain from globalisation backlash: World Bank

Tokyo

LED by India, South Asia is well on track to maintain and strengthen its position as the world's fastest-growing region and could even benefit from the backlash against globalisation, the World Bank said in a report published on Sunday.

Meanwhile, "advanced economies are recovering and could see faster growth that will likely increase demand for South Asian products", the development bank said in its latest bi-annual South Asia economic focus.