Developing Asia is forecast to expand by 5.9% in 2017 and 5.8% in 2018, a slight upgrade from projections in Asian Development Outlook 2017. Growth prospects for developing Asia are looking up, bolstered by a revival in world trade and strong momentum in the People’s Republic of China. Rebounds in international food and fuel prices are gentler than expected, helping to contain consumer price pressures. Inflation is likely to dip to 2.4% in 2017, or 0.1 percentage points off the 2016 rate, and pick up to 2.9% in 2018. Risks to the outlook have become more balanced, as 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.
By:
Asian Development Bank Imprint: Asian Development Bank Dimensions:
Height: 279mm,
Width: 215mm,
Spine: 16mm
Weight: 525g ISBN:9789292579593 ISBN 10: 9292579592 Series:Asian Development Outlook (ADO) Series Pages: 242 Publication Date:30 September 2017 Audience:
Professional and scholarly
,
Undergraduate
Format:Paperback Publisher's Status: Active
Foreword Acknowledgments Definitions Abbreviations ADO 2017 Update—Highlights Part 1 Confident resurgence in developing Asia Part 2 Sustaining development through public-private partnership Part 3 Economic trends and prospects in developing Asia Statistical appendix