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https://elibrary.tucl.edu.np/handle/123456789/5847| Title: | Asian Development Outlook 2020 Supplement: Lockdown, Loosening, and Asia’s Growth Prospects |
| Authors: | ADB |
| Issue Date: | Jun-2020 |
| Description: | This publication provides updated economic forecasts for Asia and the Pacific, taking into consideration the impact of coronavirus disease (COVID-19). Developing Asia is now projected to grow by only 0.1% in 2020, which would be the lowest regional growth outcome since 1961. Contraction is expected in all subregions except in East Asia. Growth will rebound to 6.2% in 2021 but composite GDP next year will remain below its pre-crisis trend, so the recovery will not be V-shaped. Excluding newly industrialized economies, regional growth is forecast at 0.4% in 2020 and 6.6% in 2021. Regional inflation is expected to remain benign at 2.9% in 2020 and 2.4% in 2021. |
| URI: | https://www.adb.org/publications/ado-supplement-june-2020 https://elibrary.tucl.edu.np/handle/123456789/5847 |
| ISBN: | 9789292622510 9789292622527 |
| ISSN: | N/A N/A |
| Country: | Regional - Asia and the Pacific |
| Appears in Collections: | ADB Collections |
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