Country | |
Publisher | |
ISBN | ISSN: 1655-4809 ; 9789292613341 |
Format | PaperBack |
Language | English |
Year of Publication | 2018 |
Bib. Info | 1v. |
Product Weight | 750 gms. |
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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.