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Author | : Asian Development Bank |
Publisher | : Asian Development Bank |
Total Pages | : 767 |
Release | : 2014-04-01 |
Genre | : Business & Economics |
ISBN | : 9292544535 |
Download Asian Development Outlook 2014 Book in PDF, ePub and Kindle
The Asian Development Outlook 2014 projects that developing Asia's growth will increase from 6.1% in 2013 to 6.2% in 2014 and 6.4% in 2015. Moderating growth in the People's Republic of China as its economy adjusts to more balanced growth will offset to some extent the stronger demand expected from the industrial countries as their economies recover. Risks to the outlook have eased and are manageable. The monetary policy shift in the United States may invite some volatility ahead in financial markets, albeit mitigated by accommodative monetary policy in Japan and the euro area. The regional growth outlook depends on continued recovery in the major industrial economies and on the People's Republic of China managing to contain internal credit growth smoothly. Widening income gaps in developing Asia strengthens the case for greater use of fiscal policy to foster equality of opportunity. While the region has benefited from fiscal prudence in the past, demographic and environmental challenges are expected to compete for public resources in the coming years. To boost public spending on equity-enhancing programs such as education and health without undermining fiscal sustainability, the authorities will need to explore a wide range of options for mobilizing revenue and to build equity objectives into their fiscal plans.
Author | : |
Publisher | : |
Total Pages | : 287 |
Release | : 2014 |
Genre | : Asia |
ISBN | : |
Download Asian Development Outlook 2014 Book in PDF, ePub and Kindle
Author | : Asian Development Bank |
Publisher | : Asian Development Bank |
Total Pages | : 531 |
Release | : 2014-09-01 |
Genre | : Business & Economics |
ISBN | : 9292544551 |
Download Asian Development Outlook 2014 Update Book in PDF, ePub and Kindle
Developing Asia is maintaining steady growth momentum. Despite recovery in the major industrialized economies falling short of expectations, the region is on track to meet its favorable forecasts as policy stabilizes investment in the People’s Republic of China and signs emerge of a long-awaited turnaround in India. Inflation is held in check across most regional economies by benign international commodity prices, subdued domestic demand, and prudent policy. Even if global liquidity tightens earlier in 2015 than anticipated, its effect on developing Asia should be modest. Asian Development Outlook 2014 Update reviews global value chains and how these cross-border production networks have enhanced income and employment in East and Southeast Asia. It considers what policy makers can do to encourage their improvement and spread to other parts of Asia and the Pacific.
Author | : Asian Development Bank |
Publisher | : Asian Development Bank |
Total Pages | : 21 |
Release | : 2014-07-01 |
Genre | : Business & Economics |
ISBN | : 9292544578 |
Download Asian Development Outlook Supplement Book in PDF, ePub and Kindle
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.
Author | : |
Publisher | : |
Total Pages | : |
Release | : 2014 |
Genre | : |
ISBN | : 9789292544546 |
Download Asian Development Outlook 2014 Update Book in PDF, ePub and Kindle
Author | : Asian Development Bank |
Publisher | : Asian Development Bank |
Total Pages | : 729 |
Release | : 2015-03-01 |
Genre | : Business & Economics |
ISBN | : 9292548964 |
Download Asian Development Outlook 2015 Book in PDF, ePub and Kindle
The Asian Development Outlook 2015 projects that developing Asia will grow at a steady 6.3% in 2015 and 2016, supported by a strengthening recovery in the major industrial economies and soft global commodity prices. The drop in international oil prices is taking pressure off of consumer prices. Inflation will slow from 3.1% in 2014 to 2.6% in 2015. As low oil prices are supporting growth in developing Asia, a sudden sharp reversal could undermine the outlook and require policy response. Similarly, while capital inflows to the region have been beneficial for growth, policy makers must carefully manage credit expansion to ensure that it does not lead to excessive leverage and asset price bubbles. Developing Asia needs a deep, robust financial sector to sustain growth. Policy makers will be challenged to ensure that financial sector development is inclusive, providing broad access to households and firms. Financial stability must also be maintained to enhance growth and equity.
Author | : OECD |
Publisher | : OECD Publishing |
Total Pages | : 362 |
Release | : 2013-11-14 |
Genre | : |
ISBN | : 9264204008 |
Download Economic Outlook for Southeast Asia, China and India 2014 Beyond the Middle-Income Trap Book in PDF, ePub and Kindle
This book contains a medium-term (five-year) economic outlook for Southeast Asia, China and India.
Author | : Asian Development Bank |
Publisher | : Asian Development Bank |
Total Pages | : 650 |
Release | : 2018-04-01 |
Genre | : Business & Economics |
ISBN | : 9292611216 |
Download Asian Development Outlook 2018 Book in PDF, ePub and Kindle
The annual Asian Development Outlook analyzes economic performance in the past year and offers forecasts for the next 2 years for the 45 economies in Asia and the Pacific that make up developing Asia. Growth prospects in the region are upbeat, buoyed by favorable demand at home and abroad. A strong performance in 2017 reflected a surge in exports, which will likely abate this year and next, and rapidly expanding domestic demand. While the outlook is for steady growth, risks to it are decidedly on the downside: Trade friction could weaken recently deepened trade links, tightening US monetary policy could diminish investment in developing Asia, and rising domestic private debt may hamper growth. New technologies drive higher productivity, the foundation for economic growth, better-paid jobs, and poverty reduction. The latest technologies in robotics and artificial intelligence may threaten some jobs, however, and leave less-skilled workers behind. To maximize gains in productivity while safeguarding social welfare, governments in developing Asia should protect workers but not preserve particular jobs. Meanwhile, they should facilitate the countervailing forces in new technologies that generate new jobs. Dealing with the downsides of new technology requires synchronized effort on skills development, labor regulation, social protection, and income redistribution.
Author | : Asian Development Bank |
Publisher | : Asian Development Bank |
Total Pages | : 737 |
Release | : 2020-04-01 |
Genre | : Business & Economics |
ISBN | : 9292621564 |
Download Asian Development Outlook 2020 Book in PDF, ePub and Kindle
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.
Author | : Asian Development Bank |
Publisher | : Asian Development Bank |
Total Pages | : 637 |
Release | : 2016-03-01 |
Genre | : Business & Economics |
ISBN | : 9292573861 |
Download Asian Development Outlook 2016 Book in PDF, ePub and Kindle
The annual Asian Development Outlook analyzes economic performance in the past year and offers forecasts for the next 2 years for the 45 economies in Asia and the Pacific that make up developing Asia. Global headwinds notwithstanding, developing Asia will continue to contribute 60% of world growth. Modest recovery in Southeast Asia and sustained growth in India will partly offset continued moderation in the People's Republic of China and associated spillover into neighboring economies. Risks to the growth outlook tilt to the downside: future US interest rate hikes that may intensify global financial volatility, a sharper-than-forecast growth slowdown in the People's Republic of China that would hurt regional exports and growth, emerging producer price deflation that may undermine growth in some economies, tepid prices for oil and other commodities, and El Niño. This edition highlights the need to invigorate developing Asia's potential growth, whose decline since its 2007 peak explains much of the region's growth slowdown since the global financial crisis. To ensure a healthy future for potential growth, Asia must employ the full range of policy responses to augment labor supply, improve labor productivity, enhance institutional quality, and maintain macroeconomic stability.