Asian Development Outlook 2012

Confronting Rising Inequality in Asia

Business & Finance, Economics, International Economics
Cover of the book Asian Development Outlook 2012 by Asian Development Bank, Asian Development Bank
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Author: Asian Development Bank ISBN: 9789290926078
Publisher: Asian Development Bank Publication: April 1, 2012
Imprint: Asian Development Bank Language: English
Author: Asian Development Bank
ISBN: 9789290926078
Publisher: Asian Development Bank
Publication: April 1, 2012
Imprint: Asian Development Bank
Language: English

Despite weak global demand, the Asian Development Outlook 2012 expects that developing Asia will largely maintain its growth momentum in the next couple of years, in an environment of easing inflation for most regional economies, although policy makers must be alert to further oil-price spikes arising from threats of oil supply disruptions. The report sees that the greatest risk to the outlook is the uncertainty surrounding the resolution of sovereign debt problems in the eurozone. Still, in the absence of any sudden shocks, developing Asia can manage the effects on its trade flows and financial markets.

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Despite weak global demand, the Asian Development Outlook 2012 expects that developing Asia will largely maintain its growth momentum in the next couple of years, in an environment of easing inflation for most regional economies, although policy makers must be alert to further oil-price spikes arising from threats of oil supply disruptions. The report sees that the greatest risk to the outlook is the uncertainty surrounding the resolution of sovereign debt problems in the eurozone. Still, in the absence of any sudden shocks, developing Asia can manage the effects on its trade flows and financial markets.

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