Fear of Southeast Asian market volatility overrated, says Australian envoy

Fears about emerging market volatility in Southeast Asia may be overstated given the rarity of genuine global recessions, Australia’s top diplomat in some of Asia’s fastest-growing countries has said.

nicolas moorethe former executive director of Macquarie Group Ltd.. turned special envoy to Southeast Asia, said the region’s strong demographics, combined with the “catch-up” impact of new technologies, can replace any export gap the West faces from China.