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Author: Asian Development Bank Publisher: Asian Development Bank ISBN: 9292571206 Category : Business & Economics Languages : en Pages : 412
Book Description
Developing Asia faces considerable headwinds from slow recovery in the major industrial economies and moderating prospects for the large economies of the People’s Republic of China (PRC) and India. Subdued demand from the industrial economies and the PRC has delayed the expected pickup in growth in other parts of Asia, including Southeast Asia’s larger economies. The region must strengthen its resilience under external shocks. Macroprudential policy can engender enough independence in monetary policy to counter destabilizing capital flows, while a well-developed domestic financial system can alleviate dependence on external borrowing and thereby reduce risk from currency depreciation. The region must mobilize untapped resources to give growth a much needed boost. This Asian Development Outlook Update 2015 highlights how realizing women’s equal rights and contributions to economic and political life can yield ample benefits. While the region has made considerable progress over the past several decades in closing gender gaps in health and education, much remains to be done to erase them in the labor market. This will both marshal more human resources to boost economic growth and do the right thing for women as individuals.
Author: Asian Development Bank Publisher: Asian Development Bank ISBN: 9292571206 Category : Business & Economics Languages : en Pages : 412
Book Description
Developing Asia faces considerable headwinds from slow recovery in the major industrial economies and moderating prospects for the large economies of the People’s Republic of China (PRC) and India. Subdued demand from the industrial economies and the PRC has delayed the expected pickup in growth in other parts of Asia, including Southeast Asia’s larger economies. The region must strengthen its resilience under external shocks. Macroprudential policy can engender enough independence in monetary policy to counter destabilizing capital flows, while a well-developed domestic financial system can alleviate dependence on external borrowing and thereby reduce risk from currency depreciation. The region must mobilize untapped resources to give growth a much needed boost. This Asian Development Outlook Update 2015 highlights how realizing women’s equal rights and contributions to economic and political life can yield ample benefits. While the region has made considerable progress over the past several decades in closing gender gaps in health and education, much remains to be done to erase them in the labor market. This will both marshal more human resources to boost economic growth and do the right thing for women as individuals.
Author: Asian Development Bank Publisher: Asian Development Bank ISBN: 9292548964 Category : Business & Economics Languages : en Pages : 729
Book Description
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: Asian Development Bank Publisher: Asian Development Bank ISBN: 9292544551 Category : Business & Economics Languages : en Pages : 531
Book Description
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 ISBN: 9290921560 Category : Business & Economics Languages : en Pages : 595
Book Description
The Asian Development Outlook 2010 Update provides recent economic forecasts for countries in the region. Since the release of the Asian Development Outlook 2010 in April, developing Asia's performance has strengthened further. This Update raises the 2010 growth forecast to 8.2% on the back of strong results in the first half of the year.
Author: Asian Development Bank Publisher: Asian Development Bank ISBN: 9292579606 Category : Business & Economics Languages : en Pages : 439
Book Description
Growth prospects in developing Asia are on the rise, buoyed by a rebound in global trade as solid recovery takes hold in the major industrial economies, and by strong investment demand. Also lifting regional prospects is growth in the People's Republic of China that exceeds expectations. Consumer prices are contained, and external balances under control, as global food and oil prices recover modestly. Risks to the outlook have become more balanced since April forecasts in this series. The advanced economies have so far avoided sharp, unexpected changes to their macroeconomic policies. Further, the fuel price rise is providing fiscal relief to oil exporters but is measured enough not to destabilize oil importers. To meet the region's infrastructure needs, developing Asia must mobilize $1.7 trillion annually. However, even factoring in funds saved through public finance reform or received from multilateral agencies, a significant financing gap remains. This Update highlights how public-private partnership can help fill the financing gap and improve infrastructure delivery by allocating risk to the party best able to manage it. Public-private partnership effectively marshals the private sector’s most valued strengths to meet public sector objectives. Where appropriately implemented, this innovative tool can yield superior development results.
Author: Asian Development Bank Publisher: Asian Development Bank ISBN: 9292613359 Category : Business & Economics Languages : en Pages : 568
Book Description
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.
Author: Asian Development Bank Publisher: Asian Development Bank ISBN: 9292576046 Category : Science Languages : en Pages : 629
Book Description
Steady growth endures in developing Asia despite external slack. Half-year results prompt this Update to affirm overall growth projections published in March in Asian Development Outlook 2016. External weakness is offset by resilient domestic demand in large regional economies led by the People's Republic of China, where policy regulates growth moderation as the economy restructures, and India, where progressive reform backs energetic expansion. Risks to the outlook include continued doldrums in the industrial economies, uncertainty about their monetary policies affecting capital flows, and rising rhetoric against free trade. Within the region, mounting private debt could sour under economic shock. And natural disasters, though impossible to predict, pose ever greater risks in view of climate change and Asia's outsized vulnerability. Asian policy makers are willing partners in the global effort against climate change. But the region can and must go beyond current national pledges to reduce greenhouse gas emissions and hold global warming short of catastrophe. This Update explores the options toward achieving this vital goal, highlighting that the benefits to developing Asia far outweigh the costs of its transition to low-carbon growth.
Author: Asian Development Bank Publisher: Asian Development Bank ISBN: 9292544578 Category : Business & Economics Languages : en Pages : 21
Book Description
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: Asian Development Bank
Author: Asian Development Bank
Author: Asian Development Bank
Author: Asian Development Bank
Author: Asian Development Bank
Author: Asian Development Bank
Author: Asian Development Bank
Author: Asian Development Bank
Author: 
Author: Asian Development Bank
Author: Asian Development Bank