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Asian Development Outlook 2017 Update: Sustaining Development Through Public-Private Partnership

Asian Development Outlook 2017 Update: Sustaining Development Through Public-Private Partnership

Paperback

Series: Asian Development Outlook (Ado)

Business GeneralEconomicsGeneral Sociology

ISBN10: 9292579592
ISBN13: 9789292579593
Publisher: Asian Development Bank
Published: Nov 30 2017
Pages: 242
Weight: 1.68
Height: 0.66 Width: 8.50 Depth: 11.00
Language: English
Developing Asia is forecast to expand by 5.9% in 2017 and 5.8% in 2018, a slight upgrade from projections in Asian Development Outlook 2017. Growth prospects for developing Asia are looking up, bolstered by a revival in world trade and strong momentum in the People's Republic of China. Rebounds in international food and fuel prices are gentler than expected, helping to contain consumer price pressures. Inflation is likely to dip to 2.4% in 2017, or 0.1 percentage points off the 2016 rate, and pick up to 2.9% in 2018. Risks to the outlook have become more balanced, as the advanced economies have so far avoided sharp, unexpected changes to their macroeconomic policies. Further, the fuel price rise is providing fiscal relief to oil exporters but is measured enough not to destabilize oil importers.

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