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Author: Publisher: ISBN: 9789715616195 Category : Asia Languages : en Pages : 0
Book Description
The annual Asian Development Outlook provides a comprehensive economic analysis of 43 economies in developing Asia and the Pacific. On the basis of the Asian Development Bank's unique knowledge of the region, this 19th edition examines trends and prospects in Central Asia, East Asia, South Asia, Southeast Asia, and the Pacific, in the context of global economic movements. This year's ADO throws a spotlight on a variety of structural issues in developing Asia, discussing prospects over the next few decades which will depend on how the region responds and adapts to a constantly changing environment. Developing Asia's performance in 2006 was exceptional, with aggregate gross domestic product for the region growing at 8.3%, the fastest since 1995. Growth was aided by highly favorable external environment, benign domestic circumstances, good economic management, and the fruits of reform efforts. Remarkable growth in India and the People's Republic of China underpinned this regional expansion. Strong growth looks set for 2007 and 2008. Lower oil prices should help soothe inflationary pressures as might shows that those countries who have sustained fast growth in developing Asia have both successfully industrialized and expanded services. In most Asian countries, fostering both industry and services is the only viable development model. The following elements are crucial for this: investment that expands opportunities for productivity gains and provides infrastructure services that are vital for economies of scale and other benefits; institutions that lower risks and uncertainty any appreciation of regional currencies. Domestic tightening measures already taken in 2006 and followed up in 2007will help guide down both output growth and inflation. Macroeconomic stabilization, micro (second-generation) reforms, and structural rebalancing are the biggest challenges facing the region. To sustain growth, Asia needs to do better at creatingjobs. The chapter on growth amid change in developing Asia featured in this issue of the Asian Development Outlook for businesses; markets that support labor mobility; and institutions that provide social protection. A chapter on education and structural change, also included in this edition, examines links between education and changes in the structure of the economy.
Author: Publisher: ISBN: 9789715616195 Category : Asia Languages : en Pages : 0
Book Description
The annual Asian Development Outlook provides a comprehensive economic analysis of 43 economies in developing Asia and the Pacific. On the basis of the Asian Development Bank's unique knowledge of the region, this 19th edition examines trends and prospects in Central Asia, East Asia, South Asia, Southeast Asia, and the Pacific, in the context of global economic movements. This year's ADO throws a spotlight on a variety of structural issues in developing Asia, discussing prospects over the next few decades which will depend on how the region responds and adapts to a constantly changing environment. Developing Asia's performance in 2006 was exceptional, with aggregate gross domestic product for the region growing at 8.3%, the fastest since 1995. Growth was aided by highly favorable external environment, benign domestic circumstances, good economic management, and the fruits of reform efforts. Remarkable growth in India and the People's Republic of China underpinned this regional expansion. Strong growth looks set for 2007 and 2008. Lower oil prices should help soothe inflationary pressures as might shows that those countries who have sustained fast growth in developing Asia have both successfully industrialized and expanded services. In most Asian countries, fostering both industry and services is the only viable development model. The following elements are crucial for this: investment that expands opportunities for productivity gains and provides infrastructure services that are vital for economies of scale and other benefits; institutions that lower risks and uncertainty any appreciation of regional currencies. Domestic tightening measures already taken in 2006 and followed up in 2007will help guide down both output growth and inflation. Macroeconomic stabilization, micro (second-generation) reforms, and structural rebalancing are the biggest challenges facing the region. To sustain growth, Asia needs to do better at creatingjobs. The chapter on growth amid change in developing Asia featured in this issue of the Asian Development Outlook for businesses; markets that support labor mobility; and institutions that provide social protection. A chapter on education and structural change, also included in this edition, examines links between education and changes in the structure of the economy.
Author: Asian Development Bank Publisher: Asian Development Bank ISBN: 9292573861 Category : Business & Economics Languages : en Pages : 593
Book Description
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.
Author: Asian Development Bank Publisher: Asian Development Bank ISBN: 9292626175 Category : Technology & Engineering Languages : en Pages : 331
Book Description
The Asian Water Development Outlook (AWDO) 2020 assesses national water security across Asia and the Pacific, focusing on five key dimensions: rural, economic, urban, environmental, and water-related disaster. Despite considerable achievements in Asia and the Pacific since the AWDO 2013 edition, 1.5 billion people in rural areas and 0.6 billion in urban areas still lack adequate water supply and sanitation. Sound water management and access to reliable service delivery remain vital to inclusive economic growth and social well-being, especially after the coronavirus disease (COVID-19) pandemic. This edition includes two new sections highlighting the importance of finance and governance to water security as well as case studies demonstrating how the AWDO has influenced policy development in four countries.
Author: Publisher: ISBN: 9789715616195 Category : Asia Languages : en Pages : 396
Book Description
The annual Asian Development Outlook provides a comprehensive economic analysis of 43 economies in developing Asia and the Pacific. On the basis of the Asian Development Bank's unique knowledge of the region, this 19th edition examines trends and prospects in Central Asia, East Asia, South Asia, Southeast Asia, and the Pacific, in the context of global economic movements. This year's ADO throws a spotlight on a variety of structural issues in developing Asia, discussing prospects over the next few decades which will depend on how the region responds and adapts to a constantly changing environment. Developing Asia's performance in 2006 was exceptional, with aggregate gross domestic product for the region growing at 8.3%, the fastest since 1995. Growth was aided by highly favorable external environment, benign domestic circumstances, good economic management, and the fruits of reform efforts. Remarkable growth in India and the People's Republic of China underpinned this regional expansion. Strong growth looks set for 2007 and 2008. Lower oil prices should help soothe inflationary pressures as might shows that those countries who have sustained fast growth in developing Asia have both successfully industrialized and expanded services. In most Asian countries, fostering both industry and services is the only viable development model. The following elements are crucial for this: investment that expands opportunities for productivity gains and provides infrastructure services that are vital for economies of scale and other benefits; institutions that lower risks and uncertainty any appreciation of regional currencies. Domestic tightening measures already taken in 2006 and followed up in 2007will help guide down both output growth and inflation. Macroeconomic stabilization, micro (second-generation) reforms, and structural rebalancing are the biggest challenges facing the region. To sustain growth, Asia needs to do better at creatingjobs. The chapter on growth amid change in developing Asia featured in this issue of the Asian Development Outlook for businesses; markets that support labor mobility; and institutions that provide social protection. A chapter on education and structural change, also included in this edition, examines links between education and changes in the structure of the economy.
Author: Benno Ferrarini Publisher: ISBN: Category : Languages : en Pages : 69
Book Description
This paper assesses the accuracy of Asian Development Outlook growth and inflation forecasts for 43 Asian economies from 2007 to 2016, against the benchmark of World Economic Outlook projections by the International Monetary Fund. They are found to overlap quite closely, notwithstanding much heterogeneity across countries and years. Forecast accuracy sharpens over time as additional data and evidence become available and get incorporated during quarterly revisions. However, errors widen during crisis years as forecasters struggle to reflect such events in their projections.
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Author: Asian Development Bank
Author: Asian Development Bank (ADB) (Manila)
Author: Asian Development Bank
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Author: Asian Development Bank
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Author: Benno Ferrarini