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portada Asian Development Outlook 2018 Update: Maintaining Stability Amid Heightened Uncertainty
Type
Physical Book
Publisher
Author
Year
2018
Language
English
Pages
234
Format
Paperback
ISBN13
9789292613341
Categories

Asian Development Outlook 2018 Update: Maintaining Stability Amid Heightened Uncertainty

Asian Development Bank (Author) · Asian Development Bank · Paperback

Asian Development Outlook 2018 Update: Maintaining Stability Amid Heightened Uncertainty - Asian Development Bank

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Synopsis "Asian Development Outlook 2018 Update: Maintaining Stability Amid Heightened Uncertainty "

Developing Asia's gross domestic product is forecast to expand by 6.0% in 2018 and 5.8% in 2019. Consumer prices for 2018 and 2019 are projected to rise by 2.8%.Growth in developing Asia has so far held up against external headwinds. The forecast for rising inflation is tempered despite higher global fuel and food prices. Downside risks to the outlook are intensifying. Any escalation of the trade conflict could disrupt cross-border production links.While the region is expected to meet the Asian Development Outlook 2018 forecast of 6.0% growth in 2018, the projection for 2019 has been trimmed by 0.1 percentage points to 5.8%. Excluding Asia’s high-income newly industrialized economies, the region is expected to expand by 6.5% this year and 6.3% in 2019.The Asian Development Outlook series analyzes economic and development issues in developing countries in Asia. This includes forecasting the inflation and gross domestic product growth rates of countries throughout the region, including the People’s Republic of China and India.

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