Asian Development Outlook 2012 Update

Services and Asia's Future Growth

Business & Finance, Economics, International Economics
Cover of the book Asian Development Outlook 2012 Update by Asian Development Bank, Asian Development Bank
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Asian Development Bank ISBN: 9789290928638
Publisher: Asian Development Bank Publication: October 1, 2012
Imprint: Asian Development Bank Language: English
Author: Asian Development Bank
ISBN: 9789290928638
Publisher: Asian Development Bank
Publication: October 1, 2012
Imprint: Asian Development Bank
Language: English

According to the findings in the Asian Development Outlook 2012 Update, dimming global growth prospects and soft domestic demand in the region’s two largest economies are slowing the pace of developing Asia’s expansion. Growth is now expected to slide from 7.2% in 2011 to 6.1% in 2012, with a bounce back to 6.7% in 2013. The possibility of a shock emanating from the unresolved euro area sovereign debt crisis or a sharp fiscal contraction in the United States pose the biggest downside risks to the economy. Fortunately, most developing Asian economies have room to counteract such shocks with fiscal and monetary policy. However, there is currently no regionwide need for countercyclical policy intervention.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

According to the findings in the Asian Development Outlook 2012 Update, dimming global growth prospects and soft domestic demand in the region’s two largest economies are slowing the pace of developing Asia’s expansion. Growth is now expected to slide from 7.2% in 2011 to 6.1% in 2012, with a bounce back to 6.7% in 2013. The possibility of a shock emanating from the unresolved euro area sovereign debt crisis or a sharp fiscal contraction in the United States pose the biggest downside risks to the economy. Fortunately, most developing Asian economies have room to counteract such shocks with fiscal and monetary policy. However, there is currently no regionwide need for countercyclical policy intervention.

More books from Asian Development Bank

Cover of the book Handbook for Developing Joint Crediting Mechanism Projects by Asian Development Bank
Cover of the book Sharing Growth and Prosperity by Asian Development Bank
Cover of the book Regulatory Impact Analysis Report on the Current Customs Regulatory Framework in Bangladesh by Asian Development Bank
Cover of the book Guidelines for the Economic Analysis of Projects by Asian Development Bank
Cover of the book Impact of Maternal and Child Health Private Expenditure on Poverty and Inequity: Review of the Literature on the Extent and Mechanisms by which by Asian Development Bank
Cover of the book 20th by 2020 by Asian Development Bank
Cover of the book Japan Fund for Poverty Reduction by Asian Development Bank
Cover of the book Fisheries in the Economies of the Pacific Island Countries and Territories by Asian Development Bank
Cover of the book Taxation in Asia by Asian Development Bank
Cover of the book ADB Annual Report 2016 by Asian Development Bank
Cover of the book South Asia Conference on Environmental Justice by Asian Development Bank
Cover of the book Urban Development in the Greater Mekong Subregion by Asian Development Bank
Cover of the book Improving Government by Asian Development Bank
Cover of the book Financing Road Construction and Maintenance after the Fuel Tax Reform by Asian Development Bank
Cover of the book Gender Tool Kit by Asian Development Bank
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy