Asian Development Outlook (ADO) 2019 Update: Fostering Growth and Inclusion in Asia's Cities

dc.contributor.authorAuthors
dc.date.accessioned2021-10-05T15:04:22Z
dc.date.available2021-10-05T15:04:22Z
dc.date.issued2019-09
dc.descriptionDeveloping Asia’s gross domestic product is forecast to slow from 5.9% in 2018 to 5.4% in 2019 and 5.5% in 2020. Inflation across developing Asia is forecast to increase from 2.5% in 2018 to 2.7% this year and in 2020. Growth in developing Asia is moderating but remains robust. As global trade slows and investment weakens, regional growth forecasts are trimmed from Asian Development Outlook 2019 by 0.3 percentage points for 2019 and by 0.1 points for 2020 compared to April forecasts. The revisions reflect gloomier prospects for international trade and evidence of slowing growth in the advanced economies and the People's Republic of China, as well as in India and the larger economies in East and Southeast Asia. Inflation remains benign in the region, but pressure is building slightly as food prices rise. Inflation across developing Asia is forecast at 2.7% this year and next, or 0.2 percentage points up from April forecasts.
dc.format.extent256
dc.identifier.isbn9789292617523
dc.identifier.isbn9789292617530
dc.identifier.issnN/A
dc.identifier.issnN/A
dc.identifier.urihttps://www.adb.org/publications/asian-development-outlook-2019-update
dc.identifier.urihttps://hdl.handle.net/20.500.14540/5480
dc.subject.otherDeveloping Asia
dc.subject.othergrowth outlook
dc.subject.otherinflation outlook
dc.subject.otherUS-PRC trade conflict
dc.subject.otherrisks to the outlook
dc.subject.otherdebt buildup
dc.subject.otherfinancial vulnerability
dc.subject.othergrowth and inclusion
dc.subject.otherAsia’s cities
dc.subject.otherurbanization
dc.subject.otheragglomeration economies
dc.subject.otherurban systems management
dc.titleAsian Development Outlook (ADO) 2019 Update: Fostering Growth and Inclusion in Asia's Cities
local.publication.countryRegional - Asia and the Pacific

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