Download or read book Asian Development Outlook April 2023 written by Asian Development Bank and published by Asian Development Bank. This book was released on 2023-04-01 with total page 677 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication highlights brighter economic prospects for Asia and the Pacific amid ongoing challenges. It forecasts growth across the region's developing economies of 4.8% this year and in 2024, up from 4.2% in 2022. The reopening of the People's Republic of China (PRC) will boost regional economic growth through supply chain linkages and demand for goods and services. Growth in the PRC is expected to rebound to 5.0% this year from 3.0% in 2022. Healthy domestic demand in India will also support regional growth: India is forecast to grow by 6.4% in 2023. Growth in the Caucasus and Central Asia, the Pacific, and Southeast Asia will be lifted as tourism recovers. Meanwhile, headline inflation is expected to decelerate from 4.4% in 2022 to 4.2% this year and 3.3% in 2024. However, higher debt and interest rates have magnified financial stability risks, as evidenced by recent banking sector problems in the United States and Europe. An escalation in the Russian invasion of Ukraine could cause renewed surges in commodity prices, stoking global inflation and inducing further monetary tightening. Further, climate change and global fracturing remain persistent challenges. To confront these challenges, policy makers need to strengthen policies to ensure financial stability and actively support multilateralism to deepen regional cooperation.

Download or read book Asian Development Outlook 2020 written by Asian Development Bank and published by Asian Development Bank. This book was released on 2020-04-01 with total page 737 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book Asian Development Outlook 2019 written by Asian Development Bank and published by Asian Development Bank. This book was released on 2019-04-01 with total page 819 pages. Available in PDF, EPUB and Kindle. Book excerpt: The annual Asian Development Outlook, now in its 30th year, analyzes economic performance in the past year and forecasts performance in the next 2 years for the 45 economies in Asia and the Pacific that make up developing Asia. Growth prospects in developing Asia remain strong despite persistent external headwinds responsible for moderating expansion since 2017. Global trade and economic activity weakened toward the end of 2018, slowing growth in many economies in the region. The outlook is cloudy with risks that tilt to the downside. A drawn-out trade conflict could undermine trade and investment in the region, and US fiscal policy and the consequences of a disorderly Brexit could weigh on growth in the advanced economies and the People's Republic of China. Though the risk of sharp increases in US interest rates has subsided, policy makers must stay vigilant. Disasters are shaped by natural hazards and the dynamics of the economy, society, and environment in which they occur. They pose a growing threat to development and prosperity in the region, their consequences disproportionately severe in developing countries, especially for the poor and marginalized. As developing Asia is home to more than four-fifths of the people affected by disasters globally in the past 2 decades, the region must strengthen its disaster resilience. This means integrating disaster risk reduction into national development and investment plans, spending more on prevention for a better balance with spending on rescue and recovery, and pooling risk through insurance and reinsurance.

Download or read book Asian Development Outlook 2018 written by Asian Development Bank and published by Asian Development Bank. This book was released on 2018-04-01 with total page 650 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book Asian Development Outlook 2020 Update written by Asian Development Bank and published by Asian Development Bank. This book was released on 2020-09-01 with total page 415 pages. Available in PDF, EPUB and Kindle. Book excerpt: Developing Asia has suffered as the COVID-19 pandemic persists. Growth, trade, and tourism collapsed in 2020, leading to the region’s first economic contraction in nearly 6 decades. Governments across Asia acted quickly to contain the virus and its economic effects, and signs of bottoming out have now appeared. Inflation remains benign, constrained by depressed demand and declining food prices. A prolonged pandemic is the primary downside risk to the outlook. Persistent or renewed outbreaks and a return to stringent containment could possibly derail the recovery and trigger financial turmoil. Recovery depends on measures to address the health crisis and on continued policy support. The pandemic has highlighted the importance of wellness, both physical and mental. Wellness—the pursuit of holistic health and well-being—is a component of the UN’s Sustainable Development Goals. This report evaluates the state of wellness in Asia, documents how the wellness economy is a large and growing part of the region’s economy, and discusses how policy makers can promote wellness by creating healthy living environments, encouraging physical activity and healthy diets, and enhancing workplace wellness.

Download or read book Asian Development Outlook ADO September 2023 written by Asian Development Bank and published by . This book was released on 2023-09-20 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Asian Development Outlook ADO April 2024 written by Asian Development Bank and published by . This book was released on 2024-04-11 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Asian Development Outlook ADO 2021 written by Asian Development Bank and published by . This book was released on 2021-04-28 with total page 414 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report presents economic prospects for developing Asia and the Pacific. It includes analysis of the impacts of school closures caused by the pandemic and a theme chapter on financing a green and inclusive recovery. The theme chapter on financing a green and inclusive recovery explores the drivers and impacts of green and social finance and its prospects in the region. Recently, financial gain has joined altruistic motives for investment, which bodes well for future expansion. Policies implemented through regulatory and fiscal measures can further accelerate the development of green and social finance.

Download or read book Asian Development Outlook 2003 written by and published by Oxford University Press, USA. This book was released on 2003 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: It Is The 15Th Edition Of The Annual Comprehensive Economic Report On The Developing Countries Of The Asian Development Bank (Adb). Provides Detailed Analysis And Assessment Of Macro-Economic Trends For 41 Asian And Pacific Economics For 2002, Projections For 2003 And 2004. Provides Broad Diagnosis Of Macroeconomic Conditions, Growth Prospects, Progress In Poverty Reduction. Also Contains A Theme Chapter Addressing The Issue Of Competitiveness.

Download or read book Asian development outlook 2007 written by and published by . This book was released on 2007 with total page 396 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book World Economic Outlook October 2019 written by International Monetary Fund. Research Dept. and published by International Monetary Fund. This book was released on 2019-10-15 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: Global growth is forecast at 3.0 percent for 2019, its lowest level since 2008–09 and a 0.3 percentage point downgrade from the April 2019 World Economic Outlook.

Download or read book Connecting Asia written by Michael G. Plummer and published by Edward Elgar Publishing. This book was released on 2016-01-29 with total page 413 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book analyses how closer regional connectivity and economic integration between South Asia and Southeast Asia can benefit both regions. With a focus on the role played by infrastructure and public policies in facilitating this process, it provides a detailed and up-to-date discussion of issues, innovations, and progress. Country studies of national connectivity issues and policies cover Bangladesh, India, Myanmar, Nepal, Sri Lanka, and Thailand, examining major developments in trade and investment, economic cooperation, the role of economic corridors, and regional cooperation initiatives. Thematic chapters explore investment in land and sea transport infrastructure, trade facilitation, infrastructure investment financing, supporting national and regional policies, and model-based estimates of the benefits of integration. They also identify significant opportunities for strengthening these integration efforts as a result of the recent opening up of Myanmar in political, economic, and financial terms. For the first time for these regions, the book employs a state-of-the-art computable general equilibrium (CGE) model incorporating heterogeneous firms to estimate the advantages of integration. Providing perspective on the latest thinking on integration policy, Connecting Asiais an essential resource for academics, policymakers, and business people alike. Contributors: A. Bayley, T. Chalermpalanupap, K. Cheewatrakoolpong, S. Chirathivat, M.I. Chowdhury, M.I. Corpuz, P. De, H. Florento, J.-F. Gautrin, F. Hutchinson, B. Karmacharya, R. Mishra, K.G. Moazzem, P.J. Morgan, N. Perera, M.G. Plummer, M. Rahman, P.B. Rana, S. Ray, F. Sehrin, T.M.M. Than, M. Thuzar, D. Weerakoon, D. Wignall, M. Wignall, G. Wignaraja, F. Zhai

Download or read book Asian Development Outlook written by and published by . This book was released on 2007 with total page 162 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Asian Development Outlook Forecast Skill written by Benno Ferrarini and published by . This book was released on 2014 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book What We Owe Each Other written by Minouche Shafik and published by Princeton University Press. This book was released on 2022-08-23 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: From one of the leading policy experts of our time, an urgent rethinking of how we can better support each other to thrive Whether we realize it or not, all of us participate in the social contract every day through mutual obligations among our family, community, place of work, and fellow citizens. Caring for others, paying taxes, and benefiting from public services define the social contract that supports and binds us together as a society. Today, however, our social contract has been broken by changing gender roles, technology, new models of work, aging, and the perils of climate change. Minouche Shafik takes us through stages of life we all experience—raising children, getting educated, falling ill, working, growing old—and shows how a reordering of our societies is possible. Drawing on evidence and examples from around the world, she shows how every country can provide citizens with the basics to have a decent life and be able to contribute to society. But we owe each other more than this. A more generous and inclusive society would also share more risks collectively and ask everyone to contribute for as long as they can so that everyone can fulfill their potential. What We Owe Each Other identifies the key elements of a better social contract that recognizes our interdependencies, supports and invests more in each other, and expects more of individuals in return. Powerful, hopeful, and thought-provoking, What We Owe Each Other provides practical solutions to current challenges and demonstrates how we can build a better society—together.

Download or read book The Rice Economy of Asia written by Randolph Barker and published by Int. Rice Res. Inst.. This book was released on 1985 with total page 359 pages. Available in PDF, EPUB and Kindle. Book excerpt: The purpose of this book is to present a comprehensive picture of the role of rice in the food and agricultural sectors of Asian nations.

Download or read book Regional Integration in South Asia written by Mohammad A Razzaque and published by Commonwealth Secretariat. This book was released on 2014 with total page 542 pages. Available in PDF, EPUB and Kindle. Book excerpt: Regional Integration in South Asia: Trends, Challenges and Prospects presents an objective assessment of trade and economic co-operation among South Asian nations and highlights policy issues to foster regional integration. The analyses presented in this volume go beyond the usual discussions on trade-in-goods to provide insightful perspectives on potential new areas of co-operation, emerging challenges, and country-specific views on regional and bilateral trade co-operation issues. Written by influential analysts and researchers, the volume’s 24 chapters include perspectives from Bangladesh, India, Maldives, Nepal, Pakistan and Sri Lanka, and examinations of new areas of co-operation such as investment, regional supply chains, energy and cross-border transport networks.