Regional Economic Outlook, April 2018, Asia Pacific
Good Times, Uncertain Times: A Time to Prepare
Business & Finance, Economics, International Economics, Macroeconomics, Nonfiction, Social & Cultural Studies, Political Science, Politics, Economic Policy
| Author: | International Monetary Fund. Asia and Pacific Dept | ISBN: | 9781484354322 |
| Publisher: | INTERNATIONAL MONETARY FUND | Publication: | May 9, 2018 |
| Imprint: | Language: | English |
| Author: | International Monetary Fund. Asia and Pacific Dept |
| ISBN: | 9781484354322 |
| Publisher: | INTERNATIONAL MONETARY FUND |
| Publication: | May 9, 2018 |
| Imprint: | |
| Language: | English |
Asia is expected to grow by about 5½ percent this year, accounting for nearly two-thirds of global growth, and the region remains the world’s most dynamic by a considerable margin. But despite the strong outlook, policymakers must remain vigilant. While risks around the forecast are broadly balanced for now, they are skewed firmly to the downside over the medium term. Key risks include those of further market corrections—possibly triggered by inflation surprises and/or faster-than-expected monetary tightening in advanced economies—a shift toward protectionist policies, and an increase in geopolitical tensions.
Asia is expected to grow by about 5½ percent this year, accounting for nearly two-thirds of global growth, and the region remains the world’s most dynamic by a considerable margin. But despite the strong outlook, policymakers must remain vigilant. While risks around the forecast are broadly balanced for now, they are skewed firmly to the downside over the medium term. Key risks include those of further market corrections—possibly triggered by inflation surprises and/or faster-than-expected monetary tightening in advanced economies—a shift toward protectionist policies, and an increase in geopolitical tensions.
