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Asian Development Outlook Supplement

Asian Development Outlook Supplement
Author: Asian Development Bank
Publisher: Asian Development Bank
Total Pages: 21
Release: 2014-07-01
Genre: Business & Economics
ISBN: 9292544578

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The Asian Development Outlook is ADB's main economic forecasting product. It is published each April with an Update published in September and brief Supplements published in July and December.


Asian Development Outlook 2020

Asian Development Outlook 2020
Author: Asian Development Bank
Publisher: Asian Development Bank
Total Pages: 737
Release: 2020-04-01
Genre: Business & Economics
ISBN: 9292621564

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After a disappointing 2019, growth prospects in developing Asia have worsened under the impact of the current health crisis. Signs of incipient recovery near the turn of this year were quickly overthrown as COVID-19 broke out in January 2020 in the region’s largest economy and subsequently expanded into a global pandemic. Disruption to regional and global supply chains, trade, and tourism, and the continued spread of the outbreak, leave the region reeling under massive economic shocks and financial turmoil. Across Asia, the authorities are responding with policies to contain the outbreak, facilitate medical interventions, and support vulnerable businesses and households. Assuming that the outbreak is contained this year, growth is expected to recover in 2021. Especially to face down fundamental threats such as the current medical emergency, innovation is critical to growth and development. As some economies in developing Asia challenge the innovation frontier, many others lag. More and better innovation is needed in the region to sustain growth that is more inclusive and environmentally sustainable. Five key drivers of innovation are sound education, productive entrepreneurship, high-quality institutions, efficient financial systems, and dynamic cities that excite knowledge exchange. The journey to creating an innovative society takes long-term commitment and hard work.


Asian Development Outlook 2020 Update

Asian Development Outlook 2020 Update
Author: Asian Development Bank
Publisher: Asian Development Bank
Total Pages: 415
Release: 2020-09-01
Genre: Business & Economics
ISBN: 9292623621

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Developing Asia has suffered as the COVID-19 pandemic persists. Growth, trade, and tourism collapsed in 2020, leading to the region’s first economic contraction in nearly 6 decades. Governments across Asia acted quickly to contain the virus and its economic effects, and signs of bottoming out have now appeared. Inflation remains benign, constrained by depressed demand and declining food prices. A prolonged pandemic is the primary downside risk to the outlook. Persistent or renewed outbreaks and a return to stringent containment could possibly derail the recovery and trigger financial turmoil. Recovery depends on measures to address the health crisis and on continued policy support. The pandemic has highlighted the importance of wellness, both physical and mental. Wellness—the pursuit of holistic health and well-being—is a component of the UN’s Sustainable Development Goals. This report evaluates the state of wellness in Asia, documents how the wellness economy is a large and growing part of the region’s economy, and discusses how policy makers can promote wellness by creating healthy living environments, encouraging physical activity and healthy diets, and enhancing workplace wellness.


Asian Development Outlook 2021 Update

Asian Development Outlook 2021 Update
Author: Asian Development Bank
Publisher: Asian Development Bank
Total Pages: 578
Release: 2021-09-01
Genre: Business & Economics
ISBN: 9292690558

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Renewed COVID-19 outbreaks and uneven vaccination progress are prolonging the fight against the disease in developing Asia. This is contributing to a divergence in growth paths in the region that is partly being determined by the progress on tackling COVID-19. Asian Development Outlook 2021 Update raises regional growth forecasts for East Asia and Central Asia, and revises them down for South Asia, Southeast Asia, and the Pacific. The main risks to the region's economic prospects still center on the pandemic, particularly the emergence of new variants, lagging vaccine rollouts, and waning vaccine effectiveness. As economies recover from the pandemic, the threats of climate change will take center stage again. Sustainable food production and agricultural systems that are resilient to climate change will be crucial for developing Asia. To transform agriculture in the region, its economies must tackle challenges from changing consumer demand, changing demographics, and a changing and more fragile environment.


Asian Development Outlook April 2023

Asian Development Outlook April 2023
Author: Asian Development Bank
Publisher: Asian Development Bank
Total Pages: 677
Release: 2023-04-01
Genre: Business & Economics
ISBN: 9292700944

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This publication highlights brighter economic prospects for Asia and the Pacific amid ongoing challenges. It forecasts growth across the region's developing economies of 4.8% this year and in 2024, up from 4.2% in 2022. The reopening of the People's Republic of China (PRC) will boost regional economic growth through supply chain linkages and demand for goods and services. Growth in the PRC is expected to rebound to 5.0% this year from 3.0% in 2022. Healthy domestic demand in India will also support regional growth: India is forecast to grow by 6.4% in 2023. Growth in the Caucasus and Central Asia, the Pacific, and Southeast Asia will be lifted as tourism recovers. Meanwhile, headline inflation is expected to decelerate from 4.4% in 2022 to 4.2% this year and 3.3% in 2024. However, higher debt and interest rates have magnified financial stability risks, as evidenced by recent banking sector problems in the United States and Europe. An escalation in the Russian invasion of Ukraine could cause renewed surges in commodity prices, stoking global inflation and inducing further monetary tightening. Further, climate change and global fracturing remain persistent challenges. To confront these challenges, policy makers need to strengthen policies to ensure financial stability and actively support multilateralism to deepen regional cooperation.


Asian Development Outlook 2018 Update

Asian Development Outlook 2018 Update
Author: Asian Development Bank
Publisher: Asian Development Bank
Total Pages: 568
Release: 2018-09-01
Genre: Business & Economics
ISBN: 9292613359

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Growth in developing Asia is holding up against external headwinds. Robust domestic demand supported the region's large economies, and oil prices above expectations boosted prospects for many oil and gas exporters. Consumer prices are picking up with rising global fuel and food prices, but moderate inflation in several Asian economies has kept the regional average in check. Downside risks to the outlook are intensifying. If tightened more than investors expect, US monetary policy could accelerate capital outflow from Asian economies and put further depreciation pressure on regional currencies. Any escalation of the trade conflict could disrupt cross-border production links. Most economies remain robust, but policy makers must be ready to respond. In the years since the Asian financial crisis of 1997–1998, sound domestic macroeconomic fundamentals and buoyant external conditions have supported developing Asia's rise to become an engine of the global economy. However, the changing global landscape poses new challenges to the maintenance of macroeconomic stability. This Update explores the key pockets of vulnerability and the policy options available to manage them. To fortify the region against heightened uncertainty, policy makers may need to deploy the full range of policy tools, while forging and safeguarding the sound fundamentals that support economic, social, and political stability.


Economic Outlook for Southeast Asia, China and India 2019 – Update Responding to Environmental Hazards in Cities

Economic Outlook for Southeast Asia, China and India 2019 – Update Responding to Environmental Hazards in Cities
Author: OECD
Publisher: OECD Publishing
Total Pages: 100
Release: 2019-07-10
Genre:
ISBN: 9264888594

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The Economic Outlook for Southeast Asia, China and India is a bi-annual publication on regional economic growth, development and regional integration in Emerging Asia. It focuses on the economic conditions of Association of Southeast Asian Nations (ASEAN) member countries: Brunei Darussalam, Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Viet Nam. It also addresses relevant economic issues in China and India to fully reflect economic developments in the region.


Economic Outlook for Southeast Asia, China and India 2020 – Update Meeting the Challenges of COVID-19

Economic Outlook for Southeast Asia, China and India 2020 – Update Meeting the Challenges of COVID-19
Author: OECD
Publisher: OECD Publishing
Total Pages: 153
Release: 2020-07-31
Genre:
ISBN: 9264368728

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The Economic Outlook for Southeast Asia, China and India is a bi-annual publication on regional economic growth, development and regional integration in Emerging Asia. The update of the Outlook comprises three main parts, each highlighting a particular dimension of recent economic developments in the region.


Economic Outlook for Southeast Asia, China and India 2021 Reallocating Resources for Digitalisation

Economic Outlook for Southeast Asia, China and India 2021 Reallocating Resources for Digitalisation
Author: OECD
Publisher: OECD Publishing
Total Pages: 205
Release: 2021-02-04
Genre:
ISBN: 9264381074

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The 2021 edition of the Outlook addresses reallocation of resources to digitalisation in response to COVID-19, with special focuses on health, education and Industry 4.0. During the COVID-19 crisis, digitalisation has proved critical to ensuring the continuity of essential services.


Economic Outlook for Southeast Asia, China and India 2018 Fostering Growth through Digitalisation

Economic Outlook for Southeast Asia, China and India 2018 Fostering Growth through Digitalisation
Author: OECD
Publisher: OECD Publishing
Total Pages: 242
Release: 2018-02-12
Genre:
ISBN: 9264286187

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The Economic Outlook for Southeast Asia, China and India is a bi-annual publication on regional economic growth, development and regional integration in Emerging Asia.