The annual Asian Development Outlook provides a comprehensive analysis of 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. This edition sees developing Asia bouncing back from the slowdown in the previous year, buoyed by domestic demand and greater regional trade. Prices are stable but must be monitored amid continued global liquidity. Further, the region's recovery remains vulnerable to shocks from budget wrangling in the United States, austerity fatigue in the euro area, and border disputes in Asia. To strengthen its resilience, developing Asia must examine its rising energy needs in light of its new role as a major player in commodity markets. Even as regional governments implement policies to restrain demand, they need to aggressively explore new supply sources and technology, and progressively integrate regional energy markets and infrastructure, to ensure that the region rises to the challenges of the Clean Asian Century.
The annual Asian Development Outlook provides a comprehensive analysis of 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. This edition sees developing Asia bouncing back from the slowdown in the previous year, buoyed by domestic demand and greater regional trade. Prices are stable but must be monitored amid continued global liquidity. Further, the region's recovery remains vulnerable to shocks from budget wrangling in the United States, austerity fatigue in the euro area, and border disputes in Asia. To strengthen its resilience, developing Asia must examine its rising energy needs in light of its new role as a major player in commodity markets. Even as regional governments implement policies to restrain demand, they need to aggressively explore new supply sources and technology, and progressively integrate regional energy markets and infrastructure, to ensure that the region rises to the challenges of the Clean Asian Century.
Growth in developing Asia is projected to soften to 5.7% in 2019 and 5.6% in 2020. Excluding Asia’s high-income newly industrialized economies, growth is expected to slip from 6.4% in 2018 to 6.2% in...
Developing Asia is forecast to expand by 6.0% in 2018, and by 5.9% in 2019. Excluding Asia’s high-income newly industrialized economies, growth should reach 6.5% in 2018 and 6.4% in 2019.With oil...
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,...
This report outlines economic prospects in developing Asia amid global turbulence and lingering pandemic risks. It discusses the implications of school closures and the invasion of Ukraine, and...
In this report, ADB has lowered its forecasts for economic growth in developing Asia and the Pacific to 4.3% in 2022 and 4.9% in 2023, amid mounting challenges. Its theme chapter looks at how digital...
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