Asian Development Outlook 2015

Financing Asia’s Future Growth

Business & Finance, Economics, International Economics
Cover of the book Asian Development Outlook 2015 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: 9789292548964
Publisher: Asian Development Bank Publication: March 1, 2015
Imprint: Asian Development Bank Language: English
Author: Asian Development Bank
ISBN: 9789292548964
Publisher: Asian Development Bank
Publication: March 1, 2015
Imprint: Asian Development Bank
Language: English

The Asian Development Outlook 2015 projects that developing Asia will grow at a steady 6.3% in 2015 and 2016, supported by a strengthening recovery in the major industrial economies and soft global commodity prices. The drop in international oil prices is taking pressure off of consumer prices. Inflation will slow from 3.1% in 2014 to 2.6% in 2015. As low oil prices are supporting growth in developing Asia, a sudden sharp reversal could undermine the outlook and require policy response. Similarly, while capital inflows to the region have been beneficial for growth, policy makers must carefully manage credit expansion to ensure that it does not lead to excessive leverage and asset price bubbles. Developing Asia needs a deep, robust financial sector to sustain growth. Policy makers will be challenged to ensure that financial sector development is inclusive, providing broad access to households and firms. Financial stability must also be maintained to enhance growth and equity.

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

The Asian Development Outlook 2015 projects that developing Asia will grow at a steady 6.3% in 2015 and 2016, supported by a strengthening recovery in the major industrial economies and soft global commodity prices. The drop in international oil prices is taking pressure off of consumer prices. Inflation will slow from 3.1% in 2014 to 2.6% in 2015. As low oil prices are supporting growth in developing Asia, a sudden sharp reversal could undermine the outlook and require policy response. Similarly, while capital inflows to the region have been beneficial for growth, policy makers must carefully manage credit expansion to ensure that it does not lead to excessive leverage and asset price bubbles. Developing Asia needs a deep, robust financial sector to sustain growth. Policy makers will be challenged to ensure that financial sector development is inclusive, providing broad access to households and firms. Financial stability must also be maintained to enhance growth and equity.

More books from Asian Development Bank

Cover of the book Comprehensive Action Plans of the Sulu-Sulawesi Marine Ecoregion by Asian Development Bank
Cover of the book Development Effectiveness Review 2013 by Asian Development Bank
Cover of the book Social Assistance and Conditional Cash Transfers by Asian Development Bank
Cover of the book Strengthening the Ombudsman Institution in Asia by Asian Development Bank
Cover of the book Toward Optimal Provision of Regional Public Goods in Asia and the Pacific by Asian Development Bank
Cover of the book Scaling Up Payments for Forest Environmental Services in Viet Nam by Asian Development Bank
Cover of the book Greater Mekong Subregion by Asian Development Bank
Cover of the book Guidance Note: Electricity Sector Risk Assessment, by Asian Development Bank
Cover of the book Basic Principles on Establishing a Regional Settlement Intermediary and Next Steps Forward by Asian Development Bank
Cover of the book Agricultural Trade Facilitation in the Greater Mekong Subregion by Asian Development Bank
Cover of the book Development Effectiveness Report 2013 by Asian Development Bank
Cover of the book Trust Funds and Fiscal Risks in the North Pacific by Asian Development Bank
Cover of the book Finding Balance 2011 by Asian Development Bank
Cover of the book Asia Bond Monitor November 2015 by Asian Development Bank
Cover of the book Regional Cooperation and Integration 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