Asian Development Outlook 2020 Supplement: Lockdown, Loosening, and Asia’s Growth Prospects
| 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.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.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://hdl.handle.net/20.500.14540/5847 | |
| 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 |