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Asian Development Outlook 2018 Update: Maintaining Stability Amid Heightened Uncertainty by Asian Development Bank

Asian Development Outlook 2018 Update: Maintaining Stability Amid Heightened Uncertainty

by Asian Development Bank
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Book cover type: Paperback
  • ISBN13: 9789292613341
  • Binding: Paperback
  • Subject: N/A
  • Publisher: Asian Development Bank
  • Publisher Imprint: Asian Development Bank
  • Publication Date:
  • Pages: 234
  • Original Price: USD 32.0
  • Language: English
  • Edition: Updated
  • Item Weight: 744 grams
  • BISAC Subject(s): Development / Economic Development

Developing Asia's gross domestic product is forecast to expand by 6.0% in 2018 and 5.8% in 2019. Consumer prices for 2018 and 2019 are projected to rise by 2.8%.

Growth in developing Asia has so far held up against external headwinds. The forecast for rising inflation is tempered despite higher global fuel and food prices. Downside risks to the outlook are intensifying. Any escalation of the trade conflict could disrupt cross-border production links.

While the region is expected to meet the Asian Development Outlook 2018 forecast of 6.0% growth in 2018, the projection for 2019 has been trimmed by 0.1 percentage points to 5.8%. Excluding Asia's high-income newly industrialized economies, the region is expected to expand by 6.5% this year and 6.3% in 2019.

The Asian Development Outlook series analyzes economic and development issues in developing countries in Asia. This includes forecasting the inflation and gross domestic product growth rates of countries throughout the region, including the People's Republic of China and India.

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