Over the last three years, however, growth has averaged about 5 per cent and the current trend in the economic growth rate is the longest experienced in the country's recorded history. 3. Improved macroeconomic performance: some side-effects  A side-effect of strong economic growth in many emerging market countries is the growing middle class.
2  BIS central bankers’ speeches  In the household sector, credit risk is still relatively maintained although we need to remain cautious as there is increasing Debt Service Ratio (DSR). The increase of DSR reflects the decrease in the ability of the household sector in paying their debts in line with the slowdown of domestic economy.