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Asian Development Outlook ADO April 2024
by [Asian Development Bank]
$56.09
Description
Growth in developing Asia and the Pacific is expected to remain resilient, propelled by strong domestic demand, improving semiconductor exports, and the ongoing recovery in tourism.
Regional inflation will moderate further, as global food and fuel prices stabilize. However, several risks warrant attention. Escalating conflicts and geopolitical tensions may disrupt supply chains and impact commodity prices. Uncertainty surrounding US monetary policy, potential further weakness in the property market in the Peoples Republic of China, and extreme weather events could present challenges for the region. Policymakers should intensify efforts to bolster resilience by fostering trade, cross-border investment, and commodity supply networks.
Regional inflation will moderate further, as global food and fuel prices stabilize. However, several risks warrant attention. Escalating conflicts and geopolitical tensions may disrupt supply chains and impact commodity prices. Uncertainty surrounding US monetary policy, potential further weakness in the property market in the Peoples Republic of China, and extreme weather events could present challenges for the region. Policymakers should intensify efforts to bolster resilience by fostering trade, cross-border investment, and commodity supply networks.
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Product Details
- Asian Development Bank Brand
- Oct 31, 2024 Pub Date:
- 9789292706579 ISBN-13:
- 9292706578 ISBN-10:
- English Language
- 11 in * 0.84 in * 8.5 in Dimensions:
- 2 lb Weight:
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