ASIAN DEVELOPMENT OUTLOOK 2018. HOW TECHNOLOGY...
URL: https://pacific-data.sprep.org/system/files/ado2018_1.pdf
The economic growth outlook for developing Asia remains vibrant. Asian?Development Outlook 2018 foresees continued momentum after growth accelerated to 6.1% in 2017. The region is expected to expand by 6.0% in 2018 and 5.9% in 2019. Excluding Asia’s high-income newly industrialized economies, the prospects for growth are even higher, at 6.5% in 2018 and 6.4% in 2019. Traction for economic expansion will come from strong external demand, which is supported by a further pickup in growth this year in the major industrial economies, and robust domestic demand. Growth in the People’s?Republic of China is seen to continue its gradual moderation, to 6.6% this year and 6.4% next, as the authorities take actions to address financial risks, while India recovers from a temporary growth setback in?2017, rebounding to 7.3% in 2018 and 7.6% in 2019.
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| Field | Value |
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| Updated on pacificdata.org | July 21, 2024 |
| Added to pacificdata.org | July 21, 2024 |
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| License | SPREP Public License |
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