Asian Development Outlook 2020 Supplement: Lockdown, Loosening, and Asia’s Growth Prospects

Please use this identifier to cite or link to this item: https://elibrary.tucl.edu.np/handle/123456789/5847

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DC Field	Value	Language
dc.contributor.author	ADB	-
dc.date.accessioned	2021-10-05T15:06:57Z	-
dc.date.available	2021-10-05T15:06:57Z	-
dc.date.issued	2020-06	-
dc.identifier.isbn	9789292622510	-
dc.identifier.isbn	9789292622527	-
dc.identifier.issn	N/A	-
dc.identifier.issn	N/A	-
dc.identifier.uri	https://www.adb.org/publications/ado-supplement-june-2020	-
dc.identifier.uri	https://elibrary.tucl.edu.np/handle/123456789/5847	-
dc.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.	-
dc.format.extent	12	-
dc.subject.other	Economic data	-
dc.subject.other	Economics	-
dc.subject.other	Finance	-
dc.title	Asian Development Outlook 2020 Supplement: Lockdown, Loosening, and Asia’s Growth Prospects	-
local.publication.country	Regional - Asia and the Pacific	-
Appears in Collections:	ADB Collections

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