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Asian Development Outlook 2017 Update: Sustaining Development Through Public-Private Partnership by Asian Development Bank

Asian Development Outlook 2017 Update: Sustaining Development Through Public-Private Partnership

by Asian Development Bank
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Book cover type: Paperback
  • ISBN13: 9789292579593
  • Binding: Paperback
  • Subject: N/A
  • Publisher: Asian Development Bank
  • Publisher Imprint: Asian Development Bank
  • Publication Date:
  • Pages: 242
  • Original Price: USD 33.0
  • Language: English
  • Edition: N/A
  • Item Weight: 762 grams
  • BISAC Subject(s): Development / Economic Development

Developing Asia is forecast to expand by 5.9% in 2017 and 5.8% in 2018, a slight upgrade from projections in Asian Development Outlook 2017. Growth prospects for developing Asia are looking up, bolstered by a revival in world trade and strong momentum in the People's Republic of China. Rebounds in international food and fuel prices are gentler than expected, helping to contain consumer price pressures. Inflation is likely to dip to 2.4% in 2017, or 0.1 percentage points off the 2016 rate, and pick up to 2.9% in 2018. Risks to the outlook have become more balanced, as the advanced economies have so far avoided sharp, unexpected changes to their macroeconomic policies. Further, the fuel price rise is providing fiscal relief to oil exporters but is measured enough not to destabilize oil importers.

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