Please use this identifier to cite or link to this item:
https://elibrary.tucl.edu.np/handle/123456789/5484| Title: | Asian Development Outlook (ADO) 2019: Strengthening Disaster Resilience |
| Authors: | ADB |
| Issue Date: | Apr-2019 |
| Description: | Growth in developing Asia is projected to soften to 5.7% in 2019 and 5.6% in 2020. Excluding Asia’s high-income newly industrialized economies, growth is expected to slip from 6.4% in 2018 to 6.2% in 2019 and 6.1% in 2020. As oil prices rose and Asian currencies depreciated, inflation edged up last year but remained low by historical standards. In light of stable commodity prices, inflation is anticipated to remain subdued at 2.5% in both 2019 and 2020. Risks remain tilted to the downside. A drawn-out or deteriorating trade conflict between the People’s Republic of China and the United States could undermine investment and growth in developing Asia. With various uncertainties stemming from US fiscal policy and a possible disorderly Brexit, growth in the advanced economies could turn out slower than expected, undermining the outlook for the People’s Republic of China and other economies in the region. Though abrupt increases in US interest rates appear to have ceased for the time being, policy makers must remain vigilant in these uncertain times. |
| URI: | https://www.adb.org/publications/asian-development-outlook-2019-strengthening-disaster-resilience https://elibrary.tucl.edu.np/handle/123456789/5484 |
| ISBN: | 9789292615604 9789292615611 |
| ISSN: | 0117-0481 1996-725X |
| Country: | Regional - Asia and the Pacific |
| Appears in Collections: | ADB Collections |
Files in This Item:
There are no files associated with this item.
Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.