Asian Development Outlook 2018 Update: Maintaining Stability Amid Heightened Uncertainty

dc.contributor.authorADB
dc.date.accessioned2021-10-05T15:03:13Z
dc.date.available2021-10-05T15:03:13Z
dc.date.issued2018-09
dc.descriptionDeveloping 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.
dc.format.extent234
dc.identifier.isbn9789292613341
dc.identifier.isbn9789292613358
dc.identifier.issnn/a
dc.identifier.issnn/a
dc.identifier.urihttps://www.adb.org/publications/asian-development-outlook-2018-update
dc.identifier.urihttps://elibrary.tucl.edu.np/handle/20.500.14540/5271
dc.subject.otherado
dc.subject.otherado 2018 update
dc.subject.otherasia gdp
dc.subject.othergdp growth
dc.subject.otherasia inflation
dc.subject.otherasian economies
dc.subject.otherasian growth
dc.subject.otherasia economic outlook
dc.subject.otherasia economic forecast
dc.subject.otherpacific economies
dc.subject.othereconomic projection
dc.subject.othertrade
dc.subject.otheroil prices
dc.subject.otherexports
dc.subject.otherglobal liquidity
dc.titleAsian Development Outlook 2018 Update: Maintaining Stability Amid Heightened Uncertainty
local.publication.countryRegional - Asia and the Pacific
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