Moreover, the expected rebound in 2013 is still below the trend of 7.8% in 2010-2011 and 8.6% during the pre-crisis period of 2002-2007. The output loss could be significant for the region as a whole at almost $1.3 trillion by end-2017. A “new normal” of lower growth may result in 27 out of 43 of economies sampled in the region.