SINGAPORE (Nov 17): The world economy has not had it this good for well on a decade. Virtually every corner of the globe is enjoying growth except for countries suffering political or other crises.

With the immediate threats to economic growth allayed, however, new risks are appearing.

Media reports have focused on geopolitical risks such as North Korea, but there are growing financial risks as well as a cloud of concern over the global trade regime that is so vital for regional economies.

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