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Asian Development Outlook (ADO) April 2025

Asian Development Outlook (ADO) April 2025

Paperback

Business GeneralEconomicsInternational Relations

ISBN10: 9292772759
ISBN13: 9789292772758
Publisher: Asian Development Bank
Published: Apr 9 2025
Pages: 320
Weight: 2.20
Height: 0.87 Width: 8.50 Depth: 11.00
Language: English

Forecasts finalized before the announcement of new tariffs by the US administration on 2 April indicate that growth in Asia and the Pacific will slightly moderate this year and next.

Weak consumption in the People's Republic of China will partly offset robust domestic demand in South Asia. Disinflation is expected to continue, driven by lower food and energy prices, along with the lagged effects of previous monetary policy tightening. The region's high-income technology exporters remain a bright spot, benefiting from strong global demand for electronics. However, rising trade uncertainty and escalating tariffs have created headwinds, weighing on financial markets and investor confidence. The region must navigate these challenges to sustain its economic momentum.

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